The US, Germany, and China Should Follow Suit: El Salvador Prefers Bitcoin Over IMF to Secure Financial Stability and Wealth for Its Country

The US, Germany, and China Should Follow Suit: El Salvador Prefers Bitcoin Over IMF to Secure Financial Stability and Wealth for Its Country

When asked whether El Salvador would eject Bitcoin to receive billions in funding from the International Monetary Fund (IMF), Vice President Félix Ulloa insisted that the country would never forsake BTC.
The IMF has been using financial assistance to drive its anti-bitcoin agenda, with Argentina forced to prohibit all banks from serving crypto firms in exchange for a $44 billion loan.
The International Monetary Fund has been against Bitcoin for years and hasn’t shied away from criticizing cryptocurrencies every chance it gets. It has used its significant financial resources to push its anti-Bitcoin agenda, forcing developing countries to forsake BTC for new loans or reprieve on existing facilities. However, one country refuses to fold to the IMF’s pressure—El Salvador.
One of the smaller countries in Central America and with a GDP smaller than the tiniest US state, El Salvador barely makes headlines in the global arena. However, on the BTC front, El Salvador is a giant that has

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