A good leader's first priority is to the well being of his people, not the whims of public gossip and banter.
As a condition of a new IMF loan package, President Bukele of El Salvador has had to concede three aspects of the Bitcoin Law passed in 2021:
- A legal tender mandate requiring businesses to accept Bitcoin
- Shutting down Chivo, the state run wallet and on/off ramp service
- No longer accepting tax payments in bitcoin