El Salvador gets away from Bitcoin’s experience

Bitcoin exits power in El Salvador after MPs in the country rouse Change the laws around Crypto-Crypto after agreement with the International Monetary Fund.

San Salvador and President Nayib Bukele wanted $ 1.4 billion from the IMF and agreed the IMF so much during agreeing the IMF’s Bitcoin laws. Bitcoin-Loving Bukele’s leading allies, the congress, El Salvador’s Congress, agreed. Legislation spent In 55-2 voting, 6 articles of Bitcoin laws and 3 were canceled.

Bitcoin is still considered a legitimate tender in El Salvador, but is no longer “currency”, it is optional. Now businesses can choose to accept Bitcoin or not to accept Bitcoin instead of compulsive to government mandate. The state is already accepting Bitcoin as a payment form for taxes and debts and is The back investment “Chivo wallet”, state-supported cryptist wallet.

Bukele and El Salvador, went to everything in Bitcoin in 2021. After the election, the young leader accused Bitcoin through laws to make a legitimate tender and hidges to the major projects they said to change the country’s economy. Planned the mass of mass Bitcoin and declared on stage Among the laser-eyed memes, aliens and a light show. The plan was to build the city in the form of a volcano around a volcano in a volcano body and catch geothermal energy from volcano to Cryptocurrency.

In the sight of Bukele, the number would be up. Forever.

Did not come to pass. El Salvador’s economy is so rough, in fact, the loan should be delivered to the IMF to stabilize itself. Bitcoin’s omting from El Salvador was in the IMF radar for a long time. “There are great risks related to the use of Bitcoin as a legal tender, especially in the high volatility of its price. In the short term, the expenses and risks are very high,” he said in 2022 Critics the country’s economy.

Meanwhile, Bukele’s Lake Lake Throws El Salvador’s still one Bitcoin-friendly country. But this is not a friend. The push to take Cryptocurrency was a flop between normal people. Less than 12% of the country, Bitcoin and Bukele admitted that he did not object to “hope we hope” Time interview.

However, Bukele magazine said that Bitcoin has built the country’s brand and thinks about the violence and prison when people think about El Salvador. However, violence and prison BUKELE’s US Secretary of State returns to the news after a meeting with Marco Rubio.

El Salvador is famous for massive supermost prisons. Tens of thousands of prisoners of terrible monstrosities. Bukele and Rubio met with the weekend and El Salavador President Offered the prison space To America. The United States said that he said that they wanted in concrete nightmares, including American citizens.

Ruibo and Trump leadership, as part of the country’s immigration raid, they shop for places where the country deported. Rubio and the White House said they do not have to deport American citizens in foreign prisons and give home.

But the offer is on the table. In El Salvador, Bitcoin is not out of fashion and prisons.