Is El Salvador Dancing Around Bitcoin? IMF Drops the Truth with a Dash of Sarcasm!

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Once upon a time in the fantastical world of finance, the IMF—a rather stern-looking organization—descended upon the press with a bombshell announcement. It appears that the overflowing coffers of El Salvador’s bitcoin wallets were, surprise surprise, not overflowing at all. Instead, they were simply engaging in what one might call a lively game of token shuffle, hopping from one cozy address to another like children playing tag. 😂

IMF Feasts on El Salvador’s Bitcoin Hocus Pocus

Ah, the audacious Salvadoran saga continues! Following a recent soiree of statements from the International Monetary Fund (IMF), the nation’s flirtation with bitcoin purchases has once again caught the eye of the financial gaze. During a press conference that would make any soap opera jealous, IMFer Julie Kozack energetically proclaimed that, lo and behold, since the ink dried on the $1.4 billion credit deal, El Salvador’s bitcoin stash has remained remarkably unchanged. Almost impressive, if you think about it! 🧐

In a moment that seemed plucked from the finest absurdist literature, journalist Matthew Lee of Inner City Press—a brave soul!—took it upon himself to challenge Kozack. Where was the clarity, he asked, like an inquisitive child deciding to question the existence of unicorns? “The government says they’re still buying Bitcoin, and it seems that the IMF is saying they are just moving things around between wallets. And I wanted you to address that,” Lee quipped, causing an uncomfortable shuffling in the audience. 🍿

//www.imf.org/en/News/Articles/2025/07/24/tr-07242025-press-briefing-transcript-julie-kozack-director-communications-dept-july-24-2025″>elaborated

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The accumulation of Bitcoin by the Strategic Bitcoin Reserve Fund aligns perfectly with program conditionality, and the increases you see in the Bitcoin Reserve Fund? Well, they’re just moving around various government wallets like restless spirits in a haunted house.

However, regardless of the IMF’s dramatic revelations, El Salvador’s National Bitcoin Office—bless its heart—has refused to let the truth rain on its parade, continuing to trumpet these movements as robust purchases, asserting its strategic reserve proudly holds 6,250.18 BTC at this stage of the game.

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2025-07-28 12:57