**El Salvador: Bitcoin Retreats, Fresh Funds Advance! šø**
- El Salvador agrees to reduce its Bitcoin ambitions in order to get a $1.4 billion loan from the IMF. Who would have thought that Bitcoin could lose to fresh money! š
- This agreement aims to support economic reforms and create inclusive growth. With IMF approval, total support could reach $3.5 billion. Wow, that could be used to buy a lot of pupusas!
- Bitcoin remains legal, but its use is optional for businesses. The government has also stopped collecting taxes using BTC, and the Chivo wallet will have its role reduced. Bye-bye, digital wallets!
- Bukele, who used to be a big fan of Bitcoin, now has to compromise. Some say this is like selling yourself to the IMF. What do you think? Let's discuss in the comments column!
