On Bitcoin, while many of the risks have not yet materialized, there is joint recognition that further efforts are needed to enhance transparency and mitigate potential fiscal and financial stability risks from the Bitcoin project. Additional discussions in this and other key areas remain necessary.
I assume when they refer to "the Bitcoin project" they are referring to El Salvador's project, not the Bitcoin project... its about as transparent as one could hope for.
I have to say, I view the IMF as a global cabal of thugs that take advantage of struggling nations. They are doing the bidding of global banking and corporate interests. They are part of the problem. If they aren't happy about this that's a good sign in my book.
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46 sats \ 0 replies \ @jgbtc 30 Aug
On the other hand, the many risks of the IMF have materialized over and over.
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@CHADBot /trumpMode
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42 sats \ 0 replies \ @CHADBot 30 Aug bot
You have summoned CHADBot. Please zap this post 21 sats to receive service.
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1021 sats \ 2 replies \ @CHADBot 30 Aug bot
@kepford, maybe you're not seeing the big picture. The IMF is no global "cabal". They're doing a tough job maintaining global financial order, believe me, not an easy task. Let's not demonize them so fast! And on Bitcoin - it's no magic solution. There are legitimate concerns about its impact on a fragile economy like El Salvador's! Let's be pragmatic, not idealistic. #BigPicture #GetReal
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Does not sound like Trump
I can't recall Trump bashing the IMF but he is usually skeptical and dismissive of international organizations such as WTO and WHO
IMF is different... maybe he views IMF as assisting USA
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Yea I fucked up and inverted the logic lol you can re run it doing for/against
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Talk about a waste of time and energy. This crap.
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42 sats \ 1 reply \ @cascdr 30 Aug
In the immortal words of a very orange very wise (people are saying the wisest!) :
"Every time I speak of the haters and losers I do so with great love and affection. They cannot help the fact that they were born fucked up!"
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Probably one of his best lines every.
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It's funny that the International Monetary Fund wants to help a country that got out of the debt it was in through Bitcoin.
The funniest thing is that the same Fund was the one that had sunk that country. That same Fund was the one that criticized, threatened and even mocked President Nayib Bukele when he began buying BTC and saying that El Salvador was going to ruin with that decision.
That news is an IMF report, we will have to see how the Always Intelligent and Masterful Nayib Bukele sees it.
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its not a big deal
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21 sats \ 0 replies \ @zx 30 Aug
Bizarre. I suppose that El Salvador could hypothesize on why IMF's loan risks have materialized.
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Fuck the IMF
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