🇸🇻 El Salvador is no longer 'Bitcoin Land'?
The IMF has finally pressed hard: the authorities of El Salvador have removed bitcoin from the list of legal tender. As reported by El Pais, this condition was part of a deal with the fund for $1.4 billion.
Now BTC loses its official status but remains available for transactions. So bitcoin tourists will still be able to buy themselves a pupusa (local tortillas) for satoshis.
What's next? Perhaps the country will now try to revive its financial relations with traditional institutions. But the question is: what should those who believed in BTC as a new economic hope do now?
#Bitcoin #Сальвадор #МВФ #Крипто