El Salvador Resists IMF Pressure, Doubles Down on $BTC
Key Highlights:
* IMF pushes El Salvador to stop Bitcoin buying as part of a major financial deal.
* President Bukele refuses to back down, continuing daily BTC purchases.
* El Salvador’s Bitcoin stash grows, showing strong belief in crypto’s future.
No matter the pressure, El Salvador isn’t backing off its Bitcoin strategy. Even with major financial agreements on the line, the country’s leadership is standing firm on its crypto convictions.
The International Monetary Fund may try to rein things in, but El Salvador has other plans.
Tension Over Financial Control
The core of the conflict is control. Conditions tied to a large loan demand that El Salvador stop buying $BTC and pull back its national wallet program.
The idea is to reduce risk and align the country with more traditional financial expectations. But to El Salvador, this feels more like interference than support.
Bitcoin Strategy Unshaken
Despite the warnings, the president continues to buy Bitcoin every single day. The country’s digital vault keeps growing, with large unrealized gains already showing. El Salvador is betting that staying the course with $BTC now will pay off massively later.
While critics call it reckless, supporters see it as bold and forward-thinking. Either way, they’re not turning back.
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