Okay so El Salvador removed the requirement for businesses to take bitcoin as payment.
Come on guys, that's DEREGULATION. Less Government telling people what to do. Right? RITE?
Login to reply
Replies (16)
Or we can see it is more Government getting tell what to do by International Organisation, and so more regulations dictated by debt incentives.. rite? 😅
Yes!
This is not a loss. Think of it like home school. One of the only good things from Covid was that everyone got a taste of homeschool. The result was an explosion in home schooling.
THINK and stop being reactive to everything prior to doing so please.
View quoted note →
Agreed, but it's bad news for the current price of Bitcoin. I'm so angry at this 10% drawdown on the path to a 12 month 200x
I didn't like the part where the IMF said the El Salvadoran government can't buy bitcoin
Yes.
I actually think it’s a total nothing burger, because it was obviously optional anyway.
They basically conceded nothing to get a loan and then literally bought 10x the #Bitcoin they usually do after the deal was basically agreed 😆
You are right it can end like a total nothing burgher since wasn't mandatory for small merchants anyway, and imagine if they use some of it to buy more btc, lol. If he'll do that basically exploiting the IMF and making fun of them, will take my hat off 😂
I’m watching this too—jury is out. I’m glad to see removal of legal tender laws anywhere, so keep an eye on the purchases
Agree, I also prefer and I do believe a bottom-up adoption is the one that can really organically grow
Right. Also government shouldn't be in the wallet development business.
Well they seem to have bought some.
you mean this?
Dear IMF, thanks for the liquidity to buy the #Bitcoin dip. Yours Nayib, President of El Salvador 🇸🇻 
View quoted note →
This👆🏻
#YESTR , based.. 🤣🤣🤣🤣😂😂😂😂
Hope he doesnt stop with $1M worth - its peanuts. The loan was $1B+ if I remember correctly
From what I remember, this one is about 3.5 billions