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El Salvador Buys 1 Bitcoin Daily to Counter IMF Neocolonialism

El Salvador has initiated a policy of purchasing one Bitcoin every day, a move described by Christine Lagarde as an attempt to 'escape' the IMF's neocolonialism
By: DeepNewz

El Salvador has initiated a policy of purchasing one Bitcoin every day, a move described by Christine Lagarde as an attempt to 'escape' the IMF's neocolonialism.

This strategy is part of President Nayib Bukele's broader effort to transition the country towards an asset-based currency system, which he believes is crucial for humanity.

Critics argue that the IMF's agenda is to protect the global debt-based currency system and that Bitcoin poses a significant threat to this model. The IMF explicitly forbids its members from using gold as currency.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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