American Venture Capitalist: If Bitcoin Rises to $100,000, El Salvador's Holdings Profit Will Exceed IMF Loans

Billionaire, American venture capitalist Tim Draper stated this week that if Bitcoin rises to $100,000, it could enable El Salvador to repay its loans from the International Monetary Fund (IMF) "and never have to negotiate with them again."

It is reported that El Salvador owes approximately $80 million to the IMF, while El Salvador holds 5,913.76 BTC. Therefore, if Bitcoin rises to $100,000, El Salvador would gain $189 million from its Bitcoin holdings, exceeding its IMF loan.

However, this calculation is based on the following two assumptions:

1. Assuming that the country's Bitcoin is not collateralized, meaning it has not been used for other purposes or pledged against other loans or contractual obligations;

2. Assuming non-IMF debts, which amount to billions of dollars, are ignored, meaning the country would be able to directly remit the profits from its revalued Bitcoin holdings to the IMF without first repaying higher-ranking creditors.

Since both of these assumptions are difficult to achieve, El Salvador may need Bitcoin to exceed $100,000 to repay IMF debts, as well as all other creditors of El Salvador.#加密货币市场持续震荡