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This is a shot of central bankers and finance ministers from 40+ countries that Nayib Bukele invited to El Salvador for a conference on using Bitcoin as a nation.
The list of countries reads like a whos who of the folks that would be targeted by the IMF et al with their loans etc. These folks are looking to get off the plantation and they are doing so en masse.
They did this quietly, and it has not been covered much by mainstream western news.
Probably nothing, right?
TBH, I'm getting tired of hearing about these third world countries claiming they're getting into Bitcoin, but then not really doing anything. And by 'anything', I mean more than just talking about it or making it a legal currency. I want to see them buy bitcoin as a reserve asset by the tens of billions! Piss or get off the pot! Drain every exchange dry! I mean ffs, if idiots like Do Kwon can buy $1 Billion worth of btc to back his stupid shitcoin, then surely these Central Banks can buy several billion dollars worth EACH, if not more.
It's what we all want to see and hear, but so far they're just jawboning. I don't even feel like El Salvador has bought enough bitcoin in reserve to impress me yet.
I have hunch that many if not most of them just try to publicly flirt a bit with BTC thinking that it might scare the IMF and hoping it would improve their negotiation position with the IMF.
Still positive news methinks, thanks for bringing that up cAPSLOCK!
And yeah, Torque has a point there, once they start disposing their USD/EUR/JPY/CHF etc. for BTC we will see jumps in prices that even now are unthinkable.