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151 points jcartw | 1 comments | | HN request time: 0s | source
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Jimmc414 ◴[] No.43315589[source]
El Salvador invested approximately $269.74 million to acquire 5,900 bitcoins ($595 million) and secure $1.4 billion in IMF loans. I hope they can recover from this failure.
replies(3): >>43315732 #>>43315847 #>>43315872 #
1. xiphias2 ◴[] No.43315872[source]
The article doesn't get into the interesting part: Salvadorian government continued accumulating BTC. So far IMF didn't say anything specific, so the June review will be interesting to see if IMF continues with the loan or cancels the next trenches.