IMF Tells El Salvador to Stop Being a Bitcoin Enthusiast and Act Like an Adult for Once

The IMF is still trying to tell El Salvador that adopting Bitcoin as legal tender was a bad idea, but it seems like they’re speaking into a void. The International Monetary Fund has been warning the country about the dangers of cryptocurrency for years now, and yet President Nayib Bukele remains committed to his pro-Bitcoin stance. It’s almost as if he thinks that by ignoring the IMF’s warnings, Bitcoin will magically become stable and reliable overnight.

But let’s be real, folks, this is just a classic case of ‘I’m too stupid to understand why my friends are warning me about something’. The fact remains that cryptocurrency has no inherent value, it’s just numbers on a computer created from nothing. And only criminals use it – or at least, the ones who can’t get their hands on any real money.

The IMF is right to warn El Salvador about making BTC legal tender, but I’m not holding my breath for them to listen. After all, as Jemima Kelly so aptly put it: ‘the fact that you’re trying to make a profit from something doesn’t mean it’s worth anything’. Stay tuned for more!.