Led by President Nayib Buklele, El Salvador seems to have no intention of stopping its accumulation of Bitcoin (BTC) no matter what the IMF demands.
“‘Everything stops in April.’ ‘Everything stops in June.’ ‘Everything stops in December.’ No, it doesn’t stop, ” Buklele posted on X on Tuesday afternoon. “If it doesn’t stop when the world is ostracizing us and most ‘Bitcoiners’ left us, it won’t stop now, and it won’t stop in the future. Proof of work> proof of whining.”
Buklele’s social media post came shortly after the International Monetary Fund (IMF) published more details about the $ 3.5 billion deal with the Latin American country. The IMF claimed as part of the loan package To impose a prohibition of “spontaneous bitcoin accumulation of the public sector.”
Probably in response to IMF posting, or maybe not, El Salvador late Monday night disclosed the purchase of 19 bitcoin In the past seven days and then on Tuesday afternoon disclosed the purchase of An additional token on top of that.
The IMF news was drawing an online Howls online number of Bitcoiners, including Samson Mow, who was at least previously close to President Buklele.
“No more #Bitcoin Buys for El Salvador,” Mow said earlier on Tuesday. “Buyys will stop all for a few months,” He said later After the country actually made an additional purchase.
The Salvadoran government is currently holding 6,101.15 Bitcoin, which costs about $ 530 million at the current Bitcoin price of nearly $ 88,000.
“The message is not just important – this is a catalyst for massive changes. Thanks (Nayib Buklele),” Juan Carlos Reyes, president of the National Commission on Digital Assets (CNAD), Na -Post to X, which connects back to Buklele’s post.
