According to Quentin Ehrenmann of the NGO My First Bitcoin (which, let’s be real, sounds like a tutorial for toddlers learning to count their allowance in satoshis 😆), El Salvador’s IMF deal has quietly nuked their crypto dreams. They’ve rolled back Bitcoin’s legal tender status, axed those state-run education programs that were probably more confusing than helpful, and public interest? Yeah, it’s deader than disco. Ehrenmann quips, “Bitcoin’s just stuffing the government’s coffers, not doing jack for the average joe.” Savage, right? 🔥
Despite the government’s chest-thumping about stockpiling BTC like it’s going out of style, the IMF’s report spills the beans: El Salvador swore off buying more Bitcoin. Total contradiction—it’s like claiming you’re a vegan while chowing down on a burger. 🍔🤥
Earlier this year, they dialed back the official Bitcoin love fest to kiss up to the IMF and keep the loan cash flowing. Now everyone’s wondering if this whole experiment is losing its sparkle. Kinda like that friend who starts a diet but gives up after day one. 😏
Meanwhile, a few die-hards—locals and tourists alike—are still swiping Bitcoin for coffee or whatever via the Lightning Network. Take this 2023 journalist saga: paid for a hostel room with BTC but had to play tech support for the staff. Because who doesn’t love a currency that requires a tutorial? 📱😂
El Salvador was the talk of the town in 2021 with their bold Bitcoin play, but now? Shackled by financial woes and zero public ed efforts, their pioneer status is wobbling like a Jenga tower mid-game. Will it crash? Stay tuned! 🌪️💸
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2025-07-26 20:58