• https://www.armstrongeconomics.com/world-news/cryptocurrency/imf-wants-el-salvador-to-repeal-bitcoins-legal-tender-status/

    From PlanetRetard (Minds)

    The International Monetary Fund is willing to provide El Salvador with a $1.3 billion loan, but the nation must meet two demands. First, El Salvador must commit to reducing its budget deficit to 3.5% of GDP over the next three years. The second requirement is for El Salvador to begin backing away from bitcoin.

    El Salvador declared bitcoin legal tender in 2021. The nation holds a bitcoin Treasury worth over $600 million as of lately with bitcoin’s recent price spike and has been purchasing about 1 btc per day. President Nayib Bukele recently took to social media to declare the success of his bitcoin adaptation, claiming gains of over 127%. Yet, the public has not largely adopted the new currency. In fact, the Central American University conducted a study in January that revealed 88% of citizens have not used bitcoin in transactions over the previous year.

    Under the new IMF requirement, El Salvador must prohibit the legal requirement that states businesses must accept bitcoin as payment. Under this premise, bitcoin could not truly be considered legal tender.
    https://www.armstrongeconomics.com/world-news/cryptocurrency/imf-wants-el-salvador-to-repeal-bitcoins-legal-tender-status/ From PlanetRetard (Minds) The International Monetary Fund is willing to provide El Salvador with a $1.3 billion loan, but the nation must meet two demands. First, El Salvador must commit to reducing its budget deficit to 3.5% of GDP over the next three years. The second requirement is for El Salvador to begin backing away from bitcoin. El Salvador declared bitcoin legal tender in 2021. The nation holds a bitcoin Treasury worth over $600 million as of lately with bitcoin’s recent price spike and has been purchasing about 1 btc per day. President Nayib Bukele recently took to social media to declare the success of his bitcoin adaptation, claiming gains of over 127%. Yet, the public has not largely adopted the new currency. In fact, the Central American University conducted a study in January that revealed 88% of citizens have not used bitcoin in transactions over the previous year. Under the new IMF requirement, El Salvador must prohibit the legal requirement that states businesses must accept bitcoin as payment. Under this premise, bitcoin could not truly be considered legal tender.
    WWW.ARMSTRONGECONOMICS.COM
    IMF Wants El Salvador to Repeal Bitcoin’s Legal Tender Status
    The International Monetary Fund is willing to provide El Salvador with a $1.3 billion loan, but the nation must meet two demands. First, El Salvador must
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  • A friendly reminder: Microsoft has patented a “cryptocurrency system using body activity data,” meaning that people will generate cryptocurrency from their body energy. Coupled with the nanotechnology inside the vaccines, each vaccinated person could in addition act as an antenna or transmitter.

    Patent Number: WO2020060606
    https://patents.google.com/patent/WO2020060606A1/en
    A friendly reminder: Microsoft has patented a “cryptocurrency system using body activity data,” meaning that people will generate cryptocurrency from their body energy. Coupled with the nanotechnology inside the vaccines, each vaccinated person could in addition act as an antenna or transmitter. Patent Number: WO2020060606 https://patents.google.com/patent/WO2020060606A1/en
    WO2020060606A1 - Cryptocurrency system using body activity data - Google Patents
    Human body activity associated with a task provided to a user may be used in a mining process of a cryptocurrency system. A server may provide a task to a device of a user which is communicatively coupled to the server. A sensor communicatively coupled to or comprised in the device of the user may sense body activity of the user. Body activity data may be generated based on the sensed body activity of the user. The cryptocurrency system communicatively coupled to the device of the user may verify if the body activity data satisfies one or more conditions set by the cryptocurrency system, and award cryptocurrency to the user whose body activity data is verified.
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