Drop the shitcoins, it's cleaner

Have you thanked Satoshi even once?

Is this confirmation that El Salvador is rejecting IMF loan terms or push back so the IMF changes its position? @preston can you interview someone that can make heads or tails of this?

The IMF has imposed conditions that El Salvador stop accumulating Bitcoin as part of its $1.4billion loan. They will be restricted from Bitcoin purchases and mining. This has several implications for "Bitcoin Country". 𝗖𝗼𝗻𝘁𝗲𝘅𝘁 𝗼𝗻 𝗜𝗠𝗙 𝗟𝗼𝗮𝗻𝘀 This request aligns with the IMF’s broader historical pattern of using loans as leverage to shape the economic policies of borrowing nations in a way that prioritizes Western financial interests. The IMF (and World Bank) has historically imposed economic conditions that force developing nations to prioritize foreign debt repayment and economic policies favoring multinational corporations over domestic economic sovereignty. These conditions often limit a country’s ability to pursue independent economic strategies, such as nationalizing resources, setting up protective trade policies, and now, in the digital age, adopting Bitcoin as a reserve asset. See @gladstein and J. Perkins (Confessions of an Economic Hitman) bodies of work for more context on how the IMF operates and their economic aftermath. 𝗪𝗵𝘆 𝗪𝗼𝘂𝗹𝗱 𝘁𝗵𝗲 𝗜𝗠𝗙 𝗢𝗽𝗽𝗼𝘀𝗲 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗔𝗰𝗰𝘂𝗺𝘂𝗹𝗮𝘁𝗶𝗼𝗻? Bitcoin represents an alternative to the global dollar-based financial system, which is dominated by the IMF, World Bank, and Western financial institutions. If El Salvador successfully accumulates Bitcoin and demonstrates its use as a sovereign reserve asset, it could set a precedent for other developing nations to reduce reliance on the IMF’s financial mechanisms. The IMF traditionally structures loans to ensure that the borrowing country remains within the dollar-based global economy. Bitcoin adoption could reduce El Salvador’s reliance on the U.S. dollar, challenging the traditional financial architecture in which the IMF plays a central role. If El Salvador complies, it may remain dependent on traditional financial institutions and the dollar based system for a longer timeframe. By limiting Bitcoin accumulation, the IMF forces El Salvador to stay within an economic system prone to inflation, capital controls, and external geopolitical shocks. El Salvador’s Bitcoin experiment, spearheaded by Bukele, challenges the traditional debt-based system and represents an alternative development model that the IMF may perceive as a threat. Much is at stake: if El Salvador were to succeed in integrating Bitcoin successfully, it could encourage other countries to follow suit. The IMF’s condition is likely a preemptive measure to prevent this trend from gaining traction. 𝗘𝗹 𝗦𝗮𝗹𝘃𝗮𝗱𝗼𝗿 𝗦𝘁𝗮𝗻𝗱𝘀 𝗮𝘁 𝗮 𝗖𝗿𝗼𝘀𝘀𝗿𝗼𝗮𝗱 El Salvador already has a strategic geopolitical advantage compared to other countries that have accepted IMF loans in that they have accumulated over 6,000 Bitcoin. The US Federal and State governments, other Western countries, and sovereign wealth are increasingly contemplating adding Bitcoin to reserves. As one of the first movers, El Salvador is in a unique position to repay it's debt with potential Bitcoin price appreciation with rising global adoption, unlike other developing countries that continue to take on debt (and loan conditions) via IMF loan restructuring. Further, El Salvador has implemented soft Bitcoin initiatives like education (see the ES Bitcoin Office's initiatives), which position its people and businesses towards individual adoption and accumulation (vs at a national level). These are more likely to survive government terms and changing policies, and also build businesses that can compete globally in a growing Bitcoin economy. When El Salvador adopted the Bitcoin Law, it appeared that Bitcoin could be an alternative pathway for developing countries becoming more economically sovereign instead of taking on IMF and World Bank loans. The disappointment observed by Bitcoiners in seeing the conditions imposed by the IMF are understandable. But it may not be black or white -- more time is needed to assess the lasting success of El Salvador’s efforts to become a Bitcoin Country.

In 10 days, North Korea established a Strategic Bitcoin Reserve that's larger than most countries

SBR: Strategic Bribery Reserve (Do we really think no one was on the take?)

Strategic Exit Liquidity for Centralized Shitcoins Reserve

Trump announces SPR: Strategic Poor Reserve

This Film Unit Fed, that says it's not a Fed, could actually be a Fed 🤔 Fedception

When a bank fat fingers a Bitcoin tx, it won't be that easy to reverse!

"We're releasing the Epstein files", "full transparency" The files:

Gold standard vs Bitcoin standard @Tatum Turn Up

It's kind of cool how everyone that zaps you sats is effectively buying you a coffee or dinner in the future wrt price appreciation ⚡️

👀 I found some of the Fort Knox gold supply! [movie prop gold]

Are you a victim of a Bitcoin block reorg? https://photos.app.goo.gl/toU7JWXsPteYqUHx5

Given that Bitcoin is at 86k, this feels a little melodramatic