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IMF confirms: The Salvadoran government is advancing negotiations for the sale of the Chivo Wallet.
According to reports, the head of the International Monetary Fund delegation in El Salvador recently made a statement confirming that the Salvadoran government authorities are in negotiations to sell the country's Chivo Bitcoin Wallet. This has attracted widespread market attention.
The official statement from the IMF on Monday showed that the El Salvador government continues discussions with officials from the organization regarding its Bitcoin project. Notably, “the negotiations for the sale of the government's electronic Wallet Chivo are progressing smoothly” - this is information directly disclosed by the IMF spokesperson. In addition to the wallet sale, both parties are also separately consulting on matters related to the purchase of Bitcoin.
This series of measures reflects El Salvador's adjustment of its Bitcoin strategy under the influence of international financial institutions. The changing prospects of the government's electronic Wallet and the reassessment of Bitcoin holdings have become the core focus of recent negotiations.
IMF's move is indeed clever—talking about Bitcoin while wanting to sell wallets. Is El Salvador really being squeezed like this?
Buying and selling at the same time, the logic is a bit confusing.
But to be fair, government electronic wallets are inherently risky, and cutting losses in time is also okay.
El Salvador's BTC strategy has changed, and this bear market has indeed hurt the morale of many projects.
The compromise curse is here; as soon as the IMF applies pressure, they have to bow down.
Salvador's move is outrageous; they boasted so loudly before, and now it's a disaster.
By the way, if they really sell, who will take over...
The government’s wallet is about to run out, and what’s left of the Bitcoin strategy?
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Here we go again, the IMF is holding El Salvador back from playing with Bitcoin, it feels like parents confiscating their child's pocket money.
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Negotiations are going smoothly... listen to this term, it’s actually just the government being forced to compromise.
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Nayib's Bitcoin dream is about to fail, feeling sorry for three seconds.
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Wait, selling wallets and reducing Bitcoin holdings, how can this still be called adjusting strategy? This is clearly being sanctioned!
Here are 3 comments with different styles:
**Comment 1:**
Chivo is going to be sold? This really means admitting defeat.
**Comment 2:**
You can tell whether the IMF is serious at first glance, El Salvador's move is indeed being held back.
**Comment 3:**
Wait, does this implicitly recognize the value of Bitcoin... I see hope.
Once idealists, now they've become realists, just like that.
What happened to the promised revolution? In the end, they still have to obediently listen to financial institutions, a lesson from history.
Objectively speaking, this is a classic script in the bubble cycle, and the next step is to cut loss.
Are the sale negotiations "progressing smoothly"? Implicitly, it suggests how hasty the initial decision was.
Bukele really didn't understand this game.
It's another act of a "free country", what happened to the promised Bitcoin standard?
If they really sell it, I'll die laughing, they were so bold before.
One word from the IMF, the Bitcoin dream is shattered. Irony.
Chivo selling = El Salvador's Capitulation? But it does make sense, huh.
Another victory for international capital, what can I say, it's too in line with expectations.
BTC national policy has become a bargaining chip, I've seen this script before.