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    Author Topic: First Bitcoin City  (Read 1814 times)
    jostorres
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    February 07, 2022, 09:40:00 AM
     #161

    Once again the Treasury Minister confirm about the stand on bitcoin as legal tender. El Salvador have taken a strong decision and are sticking to it even after several warnings from IMF. Quoting the market volatility IMF requested El Salvador government to reject bitcoin forever and dismiss it's new found crypto agenda. The president responded with a simple meme "I see you, IMF. That's very nice".

    Now Alejandro Zelaya(Treasury Minister) have mentioned bitcoin as a way for the country to be more independent. About the crypto adoption he adds, Countries are sovereign nations, and they take sovereign decisions about public policy. No international organisation is going to make us do anything, anything at all.
    That's good that they are keeping us updated about the status of btc on El Salvador but it looks not really good for them to know that El Salvador have rejected their offer once again of stopping the use of bitcoin on their country but props to El Salvador for doing a brave decision. They shows that they can handle whatever problems that they might face later on because of their acceptance of bitcoin in their country.

    With the meme that they posted, I think that means they did notice the IMF and their warnings and they thank them for their concerns but no, sorry their decisions are final and they will push it until the end. Bitcoin is an independent currency so yes it makes anyone that adopts it independent as well.
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