The El Salvador-IMF agreement requires the government to phase out public participation in Chivo, the state-backed Bitcoin wallet, and stop using taxpayer funds for it by July 2025.
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The El Salvador-IMF agreement requires the government to phase out public participation in Chivo, the state-backed Bitcoin wallet, and stop using taxpayer funds for it by July 2025.
I am not seeing them having to liquidate in the forms. Rather phasing out the purchasing in the public sector...
Max has been very quiet on this subject.....
I have to say.... it is a stupid move to need a bailout and then brag about how you just crossed the 6,100 BTC level in purchases.... Like what else was the IMF going to do?
Well, I think they pretty much gave up on Chivo already, my understanding is private 3rd party wallets had taken over anyway.
Yeah I saw the same thing... I want to say they where trying to sell the tech off to someone else to run not sure if they ever pulled it off or not
I think Bukele has done an excellent job, despite the IMF trying to sabotage him and try to tarnish his work in El Salvador with Bitcoin.
My question is, who controls the master seed
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