8685e - 4d
Looks like three changes: 1) Legal reforms will make acceptance of Bitcoin by the private sector voluntary. 2) Taxes will only be paid in U.S. dollars and 3) the government’s participation in the crypto e-wallet (Chivo) will be gradually unwound. 4) For the public sector, engagement in Bitcoin-related economic activities and transactions in and purchases of Bitcoin will be confined (1) and (3) seem fine, you could see them as bootstrapping measures. Now let's see if companies keep accepting it. (2) is dubious, the treasury could just exchange BTC to USD to manage the volatility. But is this really about US dollar hegemony feeling threatened, or something more "mundane" such as: a) the IMF doesn't trust the El Salvador government to handle this competently; or b) a desire to keep surveilling money flows by forcing them through the fiat banking system (4) "confined" is a vert flexible term, stay humble, stack sats in a confined manner! nostr:note12v26mqf3rehvnlq9svh58xvkn092ankph6l6ga9fgjwvxnpenetqqzpell
The so called anti-Saylor clause.
8685e - 3d
Presumably the IMF offered better terms.
calvadev⚡️ @calvadev⚡️ - 3d
nostr:nevent1qqswmck2knml5wz7zur5fz9jtqmzp7sxqlxkflp7wf35ujy4r0uwzycpz4mhxue69uhhwmmwwvhxxctvwesjuer9wchsygyxsh477ejn8rwkjv0zen0ncxwe7rj6zpnujx8j9ecgrsj43786lqpsgqqqqqqs0z65lz
Thoughts on nostr:nprofile1qqsgdp0taan9xwxadyc79nxl8svanu895yr8eyv0ytnss8p9tru047qpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsq3samnwvaz7tmwdaehgu3wwdc8ymmkdahhxapwdekqgd20r7's interpretation?
How much BTC do they have and what's the debt?
8685e - 2d
Because it's probably a drop in the bucket.
That ignores the benefit of diversification.
