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Bitcoin 'Risks Have Not Yet Materialized' in El Salvador, Says IMFdecrypt.co/243631/bitcoin-risks-not-yet-materialized-el-salvador-imf
486 sats \ 7 comments \ @Cje95 7 Aug bitcoin
You can only laugh at how the IMF is not only failing here but making stupid statements.
“On Bitcoin, while many of the risks have not yet materialized, there is joint recognition that further efforts are needed to enhance transparency and mitigate potential fiscal and financial stability risks from the Bitcoin project.”
Its like the IMF cant figure out how a PUBLIC LEDGER works... I mean give me a break!
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21 sats \ 0 replies \ @jgbtc 8 Aug
The last thing the IMF wants for itself is transparency.
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21 sats \ 1 reply \ @ryu 8 Aug
Grasping at straws to maintain fiat dominance worldwide, as El Salvador shows its futility when put into competition with non-hyperinflated money.
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25 sats \ 0 replies \ @Bell_curve 8 Aug
El Salvador will have no debt lol
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0 sats \ 0 replies \ @rebel_nomad 2 Sep
They're spot on, the real risk for the IMF has not emerged just yet...
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0 sats \ 1 reply \ @Svoboda 10 Aug
Remember when the IMF basically said they wouldn't work with El Salvador if they went down the Bitcoin path? Well, well, well how the turntables...
Seriously though, they keep tossing in the risks of Bitcoin in every one of their press releases but never have anything of substance -- empty rhetoric. The fact they've bent the knee and are now working with El Salvador despite Bukele flipping them the Bitcoin bird is what's most telling.
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0 sats \ 0 replies \ @Cje95 OP 10 Aug
Its wild and one of those things that if they just stopped commenting it would be for the best. Their comments only fuel the fire and the lack of actual issues coming to fruition just further proves how out of touch they are
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0 sats \ 0 replies \ @iam_jerry 9 Aug
Amazing! The IMF behaves like a child.
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