The International Monetary Fund (IMF) called on Salvador, who recognized Bitcoin as a means of means of means of means. According to Bloomberg, the country recalled that cryptocurrency carries large risks for financial stability, and its legal status remains the main obstacle to the loan from the Fund.
Last year, Salvador asked the IMF a loan of 1.3 billion dollars, but negotiations on its allocation went into a dead end. In the IMF, the authorities of the country “narrow the scope of the law on Bitcoins, depriving the Bitcoin of the status of the legitimate payment means”.
In the summer of 2021, Salvador became the first country, which resolved the use of Bitcoin as a legitimate payment. The country began to buy Bitcoin last year, when he traded about 50 thousand dollars, and bought at least 1801 coins. Now the course fell by 45 percent compared with the peak value of 68 thousand dollars in early November. According to Bloomberg calculations, the country has lost at least 20 million dollars.
How told President Naibe Buckle, Salvador receives a profit from Bitcoins, because he has A dollar trust fund that is replenished with both dollars and bitcoins. Therefore, when Bitcoin is becoming more expensive, the government can remove the excess excess in dollars, leaving unchanged the main amount of the trust. From the fall, Salvador began the Maine’s own bitcoins on the volcano. The use of environmentally friendly cheap energy from a fully renewable source can change the idea of the dangers of criptoslamatity production.