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300 sats \ 3 replies \ @Shugard 20 Dec \ on: El Salvador To Scale Back Bitcoin Plans in $1.4B Loan Deal with IMF bitcoin
What will he use the money for? Oh no!
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11 sats \ 2 replies \ @nerd2ninja 20 Dec
$1.4 Billion dollar loan.
They buy $1 Million dollars of Bitcoin with it.
Not quite the Saylor play to say the least. Still raises the question to me of what is it they're using the money for? (Please don't be Bitcoin city, that thing is a bad idea lmao)
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0 sats \ 1 reply \ @Shugard 20 Dec
Health care, safety, and social services have been mentioned in many of the posts I have seen so far.
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11 sats \ 0 replies \ @nerd2ninja 20 Dec
That's all well and good. Was there anything about small business loans to help boost national productivity? IMF deals typically promote foreign business growth in country rather than local business growth. Was there anything about education? A good democracy promotes education because again that will make them more productive and increase the GDP of the country.
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