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You guys understand, El Salvador only holds 2% of their reserves in Bitcoin. So IMF asking them to stop usage of Bitcoin as a currency is a hipocricy at it it's finest!

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by COINS NEWS 195 Views

I was too concerned about misinformation and propaganda on the top post here few days before since the OP was trying to justify demands of IMF to drop BTC as a currency to get credits by them. For me, IMF is just trying to blackmail El Salvador for undermining US Dollar, since according to El Salvador government financial reports they only have about 1800 Bitcoins which makes approximately 2% of their total reserves.

A country which tries to diversify such a little portion of its reserves shouldn't be intimidated by International funds and organisations for their decisions.

submitted by /u/Techvarius
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