El Salvador's Battle With the IMF Is Bigger Than Bitcoin

Posted on by American Coins & Gold

El Salvador's Battle With the IMF Is Bigger Than Bitcoin
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeWhen Nayib Bukele announced that El Salvador would be making bitcoin legal tender, the international monetary establishment acted with some amount of skepticism. When he announced the nation would be issuing bitcoin bonds, that skepticism turned to anger. Now, the IMF is pushing El Salvador to ditch BTC as legal tender altogether. On today’s episode, NLW explores what’s really going on.See also: Are El Salvador’s Bitcoin ‘Volcano Bonds’ an End Run Around the IMF?“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott…