Collapse of El Salvador's Bitcoin dream

The collapse of El Salvador's bitcoin dream
Bukele's embrace of bitcoin was part of an attempt to "rebrand the tiny and impoverished" nation as a "surfing and cryptocurrency paradise", said the Financial Times. He announced plans to build a "Bitcoin City" in the jungle, "powered by geothermal energy on the slopes of a volcano".
El Salvador's Bitcoin Law Changes To Secure IMF Funding
El Salvador' Law changes helped the country to secure up to $3.5 billion, despite some criticism among Bitcoin advocates.
El Salvador announces more bitcoin purchases, gives IMF assurances
El Salvador announced on Wednesday the purchase of a bitcoin, which takes the total in the country's strategic reserve to above 6,102 coins, the National Bitcoin Office posted on social media. The bitcoin purchase announcement comes days after the International Monetary Fund board approved a 40-month program with El Salvador for $1.
IMF Puts the Brakes on El Salvador’s Bitcoin Frenzy
In a controversial move to temper El Salvador’s Bitcoin enthusiasm, the International Monetary Fund (IMF) has rolled out fresh terms under a
President says El Salvador’s won’t stop buying Bitcoin following IMF claim – ‘Proof of work > proof of whining’
The El Salvador government recently signed a $1.4B financing deal with the IMF. The deal includes measures aimed at reducing the country’s Bitcoin exposure. Despite the agreement, El Salvador has continued to increase its Bitcoin portfolio.
El Salvador’s Bitcoin Purchases Won’t Stop Despite IMF Pressure, Nayib Bukele Says
President Nayib Bukele insists El Salvador will continue purchasing Bitcoin despite the IMF's pressure. A signed deal between the government and the IMF appears to

puppets, El Salvador and Pyramid

CECOT: Inside the Mega-Prison El Salvador Has Offered Up for Trump's Use
Prisoners spend 23.5 hours a day locked in their cells, with a brief, daily 30-minute window for exercise or religious activities in a central hallway.
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The U.S. War on Migrants Gets Help from El Salvador
El Salvador's offer to house deportees and U.S. citizens in its infamous prisons – for profit – signals a new and troubling ...
Rubio touts Bukele's 'generous' offer to jail U.S. citizens in El Salvador, but experts say it's illegal
Current laws “would categorically preclude most U.S. citizens and residents from serving their sentence in El Salvador,” a former U.S. attorney said.
Opinion: El Salvador’s prisons are no place for US deportees
New U.S. policies risk perpetuating a cycle of violence and abuse that has for decades undermined the rights of Salvadorans ...
Could US criminals be sent to El Salvador's mega-jail?
Bukele had offered to take in people deported from the US, regardless of their nationality, and house them in El Salvador's mega-jail. "We can send them and he will put them in his jails," Rubio said.
El Salvador Offers to Detain U.S. Deportees and Imprison U.S. Convicted Criminals
A U.S. official said the Trump administration had no current plans to try to deport American citizens—but said Bukele’s offer was significant.
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What to Know About El Salvador's Mega-Prison After Trump Deal to Send People There
What to Know About El Salvador's Mega-Prison After Trump Deal to Send People There SAN SALVADOR, El Salvador (AP) — The Trump administration and the president of El Salvador said ...