Despite significant international pressure, especially from the International Monetary Fund, El Salvador has decided to continue its strategy of purchasing the digital currency Bitcoin (BTC), with no intention of backing down ️⚡.
In an interview with Bloomberg, Economy Minister "Maria Luisa Hayem" revealed that the government is fully committed to President "Nayib Bukele"'s long-term plan, which aims to make Bitcoin part of the official state reserves 💰.
The minister said: "President Bukele insists on continuing to accumulate Bitcoin, and the project remains a key focus in the country's economic policy" ✅.
This position is completely contrary to what the International Monetary Fund recently stated, which claimed that El Salvador agreed to limit its cryptocurrency-related initiatives in exchange for a $1.4 billion loan 💸.
Under the terms of the agreement, El Salvador was supposed to reduce the role of the government 'Chivo' wallet, backtrack on requiring merchants to accept Bitcoin, and stop using public funds to purchase cryptocurrencies ⛔.
However, recent data from Arkham Intelligence reveals that the state continues to implement a 'buy one Bitcoin a day' policy with full commitment, directly challenging the IMF's warnings 🌍.
It is clear that El Salvador does not see Bitcoin as just an experiment, but as a strategic step towards building a different economic future, independent of traditional financial dominance.