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Kudzai / Kudzai Kutukwa
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2025-03-04 20:02:08

Kudzai on Nostr: The IMF deal has masterfully smothered El Salvador's #Bitcoin experiment in exchange ...

The IMF deal has masterfully smothered El Salvador's #Bitcoin experiment in exchange for $1.4b. The Salvadoran government has been handcuffed to the dollar for the foreseeable future, forbidden from acquiring more #BTC or daring to collect taxes in it. What boggles my mind is why they didn't opt for the volcano bonds option to raise the $1.4b?

https://www.elibrary.imf.org/configurable/content/journals$002f002$002f2025$002f058$002f002.2025.issue-058-en.xml?cid=562921-com-dsp-crossref&t:ac=journals%24002f002%24002f2025%24002f058%24002f002.2025.issue-058-en.xml
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