IMF Gives Nod to El Salvador’s Bitcoin Gamble—Against All Odds
El Salvador just pulled off the unthinkable: passing an IMF review with flying colors while doubling down on its controversial Bitcoin treasury. Take that, Wall Street skeptics.
Who needs traditional reserves when you’ve got digital gold? The Central American nation’s defiant crypto strategy—once mocked by finance traditionalists—just got a surprise endorsement from the very institution that usually hates monetary experiments.
Here’s the kicker: This comes as legacy financial systems creak under inflation and debt. Maybe those ’reckless’ Bitcoin purchases weren’t so reckless after all?
One IMF bureaucrat probably had to bite their tongue while rubber-stamping this report. Nothing stings quite like being proven wrong by a developing nation with a crypto wallet.
