NEW YORK, Jan 25 (Reuters) - The International Monetary Fund’s board “urged” El Salvador to do away with its move to make bitcoin a legal tender, while calling for strict regulation of the country’s e-wallet.

IMF board members “urged the authorities to narrow the scope of the Bitcoin law by removing bitcoin’s legal tender status,” the IMF said in a statement following a yearly consultation.

Some board members were also concerned about the risks associated with El Salvador’s expected issuance of bitcoin-linked bonds, the IMF said. (Reporting by Rodrigo Campos Editing by Chris Reese)

 

https://www.reuters.com/article/imf-el-salvador/imf-urged-el-salvador-to-remove-bitcoins-legal-tender-status-idUSL1N2U522P

You need to be a member of Ashtar Command - Spiritual Community to add comments!

Join Ashtar Command - Spiritual Community

Email me when people reply –

Replies

  • Bitcoin (and also all other currencies) is not a ponzi scheme, but it is a bubble. I don't know why people fail to understand this. The inherent benefit of Bitcoin is very small. It just enables you to do online transaction. But what makes it 'of big value' is the mere fact that people are buying it. Pple buy it because they BELEIVE it has value, especially 'ever increasing price'. Once pple cease beleiving in it, it will cease to have any value!
  • Have you ever read Confession of an Economic Hitman? there is also a documentary with John Perkins
  • LOL, they must be really pissed off with El Salvador, now that it is breaking free from their ponzi scheme
This reply was deleted.

Topics by Tags

Monthly Archives

Latest Activity

Drekx Omega left a comment on Comment Wall
"As my will, so mote it be....!! ☺️.....Love it......My will and that of four and a half million other voters...plus Nige...
Keir Starmer ABANDONS plan to cancel local elections after Nigel Farage launched legal action...
I'll be voting Reform UK, in…"
12 minutes ago
Drekx Omega left a comment on Comment Wall
"Yes, Billy is one of the most contacted of Earth humans in history.....I vouch for him, albeit, the Plejarens and others of their Federation, do not share all the mission objectives of the Galactic Federation of Light and have their own agenda..…"
1 hour ago
Drekx Omega commented on Drekx Omega's video
"AE asked:
"What is clothing made of?"


Drekx reply:
It depends on the clothing...there are ritual robes, made of silks, indeed produced by actual Sirian silkworms.....So textiles were introduced to Earth by colonists such as Lyrans and others, in…"
1 hour ago
AlternateEarth left a comment on Comment Wall
"That pic in the vid reminds me of the Billy Meier pics-is he for real? some of the pics of flying craft look fake-thanks Drexk
But again, how about manufacturing all their equipment in 5D? Same replicator tech?"
1 hour ago
Drekx Omega left a comment on Comment Wall
"It depends on the clothing...there are ritual robes, made of silks, indeed produced by actual Sirian silkworms.....So textiles were introduced to Earth by colonists such as Lyrans and others, in ancient times....Cotton, silk materials, linen,…"
1 hour ago
AlternateEarth posted a blog post
 IntroductionWe stand at the precipice of a cognitive revolution, but not the one you’ve been told to expect. It isn’t merely about smarter algorithms or faster processors. A profound, unsettling transition is underway: artificial intelligence is…
1 hour ago
AlternateEarth left a comment on Comment Wall
"We use crude oil for so many products and in manufacturing and volitile gases are extracted from the crude, etc. what similar raw materials are used in the 5th dimension or are needed items created from 'blue prints' and made to materialize? What is…"
1 hour ago
AlternateEarth left a comment on Comment Wall
"Thanks Movella Nd Drexk"
1 hour ago
More…