If he is smart he will use it to buy bitcoin. Will see, on the surface it looks like a dumb move. Only time will tell.

https://www.newsweek.com/el-salvador-eyes-3-trillion-gold-mine-beneath-its-soil-1998797

maybe he knows he can pay it back in gold and sell the rest for bitcoin

tenshi

El Salvador’s government agreed to reduce bitcoin purchases

This is a big trap, maybe.  They will not be able to buy the same amount of bitcoin because there is a limit to $USD spending for this purpose.  But they can buy infrastructure to mine bitcoin.

bitcoin

El Salvador Made Bitcoin Official Currency. Now It’s Backtracking for IMF Loan

StillStackinAfterAllTheseYears

# The reason for an IMF loan:
1. We owe the IMF already and they only take $USD
2. We don't want to sell our bitcoin for FIAT $USD
3.  The dark force is very strong and we'd like to leave but we are a government which is just another word for the dark force.
4. Michael Saylor is borrowing for Bitcoin.

> El Salvador’s government agreed to reduce bitcoin purchases 

This is a big trap, maybe.  They will not be able to buy the same amount of bitcoin because there is a limit to $USD spending for this purpose.  But they can buy infrastructure to mine bitcoin.

popcorn is ready.

The reason for an IMF loan:The reason for an IMF loan: