by the way the imf said us we need to stop btc as a legal tender i hope this never happens.
That is because the IMF cannot control El Salvador if it uses BTC. Also, with what is being planned, there is a chance El Salvador pays back the loan, getting it out from under the IMF's control.
It is a power thing, exactly what I am writing about here. What need is there for the IMF if a Treasury could be filled with BTC, as an example, and ultimately collateralized, if needed? Loans could be taken out against that asset and avoid the slavery structure of the IMF.
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The IMF doesn't see controlling El Salvador as detrimental to their national interest. In their eyes, using BTC as legal tender has "large risks" "on financial stability, financial integrity, and consumer protection, as well as the associated fiscal contingent liabilities.”
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Of course not. The IMF sees things as fine if it can control poorer nations that are indebted to it.
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I am rooting for El Salvador--and all other people who want to be free.