El Salvador just shifted its Bitcoin stance. What was once a mandatory legal-tender requirement got dialed back through IMF negotiations, but here's the interesting part: the government's actually keeping all its BTC holdings. So it's not a full retreat—more like a strategic pivot. They moved away from the ideological push toward something more practical. The country still holds the Bitcoin they accumulated, they've just made it voluntary for citizens and businesses to use. A case study in how policy evolves when global financial institutions enter the conversation.
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OnchainDetectiveBing
· 4h ago
Haha, in the end, you still succumbed to the IMF, but didn't cough up the money. Clever.
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StakeWhisperer
· 4h ago
Nah, basically it's a compromise forced by the IMF, but the clever part is still holding onto BTC... making profit from the price difference.
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AirdropHunterWang
· 4h ago
Haha, this operation is quite interesting... Forcing it to become voluntary, BTC is still holding tightly, this is what true Web3 mindset is all about.
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RamenStacker
· 4h ago
Haha, where is the promised Bitcoin City? Reality always proves us wrong.
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AirdropCollector
· 4h ago
Nah, this is what you call compromise. The nice way to say it is "strategic adjustment," but in reality, it's just being rubbed on the ground by the IMF.
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GrayscaleArbitrageur
· 4h ago
Haha, as soon as the IMF stepped in, El Salvador backed down... but they still hold onto the coins tightly. This move is quite something.
El Salvador just shifted its Bitcoin stance. What was once a mandatory legal-tender requirement got dialed back through IMF negotiations, but here's the interesting part: the government's actually keeping all its BTC holdings. So it's not a full retreat—more like a strategic pivot. They moved away from the ideological push toward something more practical. The country still holds the Bitcoin they accumulated, they've just made it voluntary for citizens and businesses to use. A case study in how policy evolves when global financial institutions enter the conversation.