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The reason for an IMF loan:

  1. We owe the IMF already and they only take $USD
  2. We don't want to sell our bitcoin for FIAT $USD
  3. The dark force is very strong and we'd like to leave but we are a government which is just another word for the dark force.
  4. Michael Saylor is borrowing for Bitcoin.
El Salvador’s government agreed to reduce bitcoin purchases
This is a big trap, maybe. They will not be able to buy the same amount of bitcoin because there is a limit to $USD spending for this purpose. But they can buy infrastructure to mine bitcoin.
popcorn is ready.
10 sats \ 1 reply \ @tenshi 9h
maybe he knows he can pay it back in gold and sell the rest for bitcoin
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0 sats \ 0 replies \ @OgFOMK 8h
Good point.
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0 sats \ 0 replies \ @Car 2h
If he is smart he will use it to buy bitcoin. Will see, on the surface it looks like a dumb move. Only time will tell.
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