On: El Salvador abandons Bitcoin as legal tender

[warkdarrior]

So your claim is that US administration through the IMF is forcing El Salvador to drop Bitcoin as a national currency. The same US administration that proposed creating a "national digital asset stockpile"??!? (per https://www.cnbc.com/2025/01/23/trump-signs-executive-order-... )

[AnthonyMouse → warkdarrior]

The IMF agreement requiring them to do this was from December, i.e. the prior US administration.

[dragonwriter → AnthonyMouse]

The IMF isn't run by the US any more than it is run by Russia or any of the other major members (those that have their own executive-director rather than being in a group that together shares one.)

[AnthonyMouse → dragonwriter]

"Large international banking things have strong ties to large governments" is kind of a weird thing to dispute.

Try starting an independent one if you think otherwise.

[roenxi → AnthonyMouse]

And, regardless, "you do this, we do that" in no way unusual for the US's foreign policy. Eg, the US military insists on democracy onshore and is mildly opposed to democracy in the middle east. Neutral at best. Any democracy they like in the ME as long as it never votes for any policy that inconveniences the nearest US general.

[rvba → warkdarrior]

USA's own stockpile talk is to pump Doge and help the oligarchs get richer.

El Salvador's cryptocurrency was helping other people (not sure if actual citizens), so it had to go.