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John Dennehy
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2025-02-13 14:28:15

John Dennehy on Nostr: Good morning from El Salvador We are now in DAY FIFTEEN since the government ...

Good morning from El Salvador

We are now in DAY FIFTEEN since the government rescinded Bitcoin as legal tender, at the request of the IMF (effective 30 April)

The question is:

Is this a speed bump or a pivot?

The govt of Nayib Bukele made a conscious decision to make these changes as quietly as possible and with zero communication

Why?

Maybe because he rallied against the evils of international organizations, such as the IMF, for years, accusing them of being a neo-colonial organizations that take away the sovereignty of nations and he can't swallow his pride enough to say that he too had to bend the knee

Maybe because he knows this is an extremely complex subject and almost everyone is woefully uninformed about how the IMF actually works. That lack of understanding combined with his devoted fan base would create a confusing situation with enough noise to drown out and confuse the reality and the truth

Back to the earlier question: is this a speed bump or a pivot?

Silence is a choice and it speaks volumes

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