Asia Broadband Inc (AABB)

[alidare]

“The simple answer is that the IMF is one of the enforcers of the dollar hegemony in the world and the successful adoption of Bitcoin by any nation state poses a significant threat to the “rules-based order.” The U.S. has de facto veto power over all major decisions made by the organization and has the largest voting power of any nation on earth.”

“Given the fact that El Salvador is a dollarized economy, the circulation of a U.S, dollar alternative like Bitcoin, may eventually reduce the role of the dollar in transacting, not just in El Salvador but throughout Central America and the rest of the global south. This would slowly usher in a multi-polar world and could possibly lead to bitcoin replacing the dollar as the global reserve currency. In such a world, there is absolutely no need for organizations like the IMF.”

“The global bond market is worth $100 trillion and a successful bond issue will not only be transformative for the market but will serve as a proof of concept for other countries seeking an exit out of the IMF’s system of fiat-based ponzi scheme debts. This is a perspective that prominent investor Simon Dixon echoed in a recent interview where he said,”

https://bitcoinmagazine.com/.amp/markets/will-el-salvadors-bitcoin-bet-pay-off