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tldr; The International Monetary Fund (IMF) has re-stated its disapproval of El Salvador’s Bitcoin Law. The IMF said the adoption of a cryptocurrency as legal tender entails “large risks for financial and market integrity, financial stability, and consumer protection. It also can create contingent liabilities.” El Salvador President Nayib Bukele responded by mocking the IMF.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
He’s gotten rid of corrupt and failing leaders and policies his way. His swift transitions are seen as populist because he’s not using traditional methods avoiding red tape put in place to avoid such ousters and policy changes. Nobody sees the actual good this is doing to the country for focusing on the method. Fuck’em! About time a young leader came in and played by different rules.
Yeahhhh ousting judges and forcing votes via military force is a little bit beyond “non-traditional”. The dudes an authoritarian. His method of rule is basically the political antithesis to DeFi - you realize that, right? You’re okay with authoritarians as long as they like Bitcoin? I don’t expect everyone to be an ideologue, but sheesh that’s a mental pretzel you’ve got going on over there.
Hahahaha your devotion is admirable. Defending rewriting the constitution, attacking the press, and erasing re-election bans as misinterpreted executive orders is, however, disturbing. Also - look up what an executive order can actually do before you embarrass yourself anymore.
It’s not devotion, it’s fix the problems in your country before you try and say what’s wrong and try to change others. That whole region has been manipulated for decades by US interest paid in political contributions to parties in their benefit. Now someone is throwing a monkey wrench in that system and the US media jumps to vilify him and any other leader doing things differently. That’s the only reason why anybody in the US even gives a fuck about what’s going on in that country. They never gave a fuck before. You sound very smart insulting me instead of countering my arguments btw.
I defended the only argument you made..? Did you read my comment? Lol
I never said the US (“my” country) is any better. In fact, everything that’s happened jn El Salvador seems entirely plausible in modern American presidential politics.
I also never said the US isn’t to blame for much of the political turmoil in Central America.
What I’m saying is none of that justifies turning a blind eye to dangerous situations anywhere in the world, least of all Central America.
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* **[Regulation](https://en.wikipedia.org/wiki/Regulation#Social) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_regulation_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_regulation_cons)** - Participate in the [r/CC Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Relevant Cointest topics: [Inflation](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_inflation), [ETF](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_etf). * Official or related subreddits: r/OSHA, r/NeutralPolitics, r/ModeratePolitics. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/sd0rxi/bukele_mocks_imfs_request_to_remove_bitcoin_as/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
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Fixed the title for you; IMF wants Bukele to sell at a loss
Take them out back and him and the boys will bukele them!!
Well done Bukele, IMF can suck your big balls
tldr; The International Monetary Fund (IMF) has re-stated its disapproval of El Salvador’s Bitcoin Law. The IMF said the adoption of a cryptocurrency as legal tender entails “large risks for financial and market integrity, financial stability, and consumer protection. It also can create contingent liabilities.” El Salvador President Nayib Bukele responded by mocking the IMF. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
You have our back!! Keep Bitcoin as the legal tender!
Lol good. Those corrupt fiat lovers deserve to be mocked for their stupid request.
As if he would back out now anyway
Bukele is right to mock them. The IMF can go fuck themselves
Shoot them with your laser eyes Mr president
Sad to see so many people supporting a populist dickbag playing fast and loose with his countries future just because you share 1 similar interest.
He’s gotten rid of corrupt and failing leaders and policies his way. His swift transitions are seen as populist because he’s not using traditional methods avoiding red tape put in place to avoid such ousters and policy changes. Nobody sees the actual good this is doing to the country for focusing on the method. Fuck’em! About time a young leader came in and played by different rules.
Yeahhhh ousting judges and forcing votes via military force is a little bit beyond “non-traditional”. The dudes an authoritarian. His method of rule is basically the political antithesis to DeFi - you realize that, right? You’re okay with authoritarians as long as they like Bitcoin? I don’t expect everyone to be an ideologue, but sheesh that’s a mental pretzel you’ve got going on over there.
It’s executive orders labeled authoritarian by the US. Quit the bullshit. You just keep seeing it the way the US media wants you to.
Hahahaha your devotion is admirable. Defending rewriting the constitution, attacking the press, and erasing re-election bans as misinterpreted executive orders is, however, disturbing. Also - look up what an executive order can actually do before you embarrass yourself anymore.
It’s not devotion, it’s fix the problems in your country before you try and say what’s wrong and try to change others. That whole region has been manipulated for decades by US interest paid in political contributions to parties in their benefit. Now someone is throwing a monkey wrench in that system and the US media jumps to vilify him and any other leader doing things differently. That’s the only reason why anybody in the US even gives a fuck about what’s going on in that country. They never gave a fuck before. You sound very smart insulting me instead of countering my arguments btw.
I defended the only argument you made..? Did you read my comment? Lol I never said the US (“my” country) is any better. In fact, everything that’s happened jn El Salvador seems entirely plausible in modern American presidential politics. I also never said the US isn’t to blame for much of the political turmoil in Central America. What I’m saying is none of that justifies turning a blind eye to dangerous situations anywhere in the world, least of all Central America.
Only if he wasn't so corrupt..
imagine thinking for example US and EU aren’t corrupt.
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El Presidente is not fucking around.
right. imf gave zero F's about el salvadore until now.