🇸🇻 EL SALVADOR ABANDONED BITCOIN ???
The short and quick answer is: NO.
But the smart answer is: CHANGED the game.
In 2021, El Salvador made Bitcoin mandatory legal tender.
In 2025, after an agreement with the IMF, the country:
✔ Removed the requirement for acceptance
✔ Made the use voluntary
✔ Adjusted the Bitcoin Law
This does NOT mean abandonment.
It means strategic adaptation.
🟡 And they continue to buy BTC ???
Here is the point that generates confusion:
🔹 The government claims to continue adding Bitcoin to reserves.
🔹 HOWEVER… Reports linked to the agreement with the IMF indicate that purchases with public funds have been DISCONTINUED since February/2025.
In other words:
There may be a difference between "buying with public money" and "moving already existing reserves".
Different narratives. Different interpretations.
🔴 But….. Are they selling?
There is NO solid evidence of systematic selling of reserves.
Movement between wallets does not mean selling; it could just be a reorganization of custody.
🎯 What does this really show?
El Salvador has NOT ABANDONED Bitcoin.
It has moved from a purely ideological stance to a diplomatic and economic posture.
And this CHANGES the macro reading.
💭 Question for you:
If a country reduces public exposure but maintains reserves… is this a RETREAT or STRATEGIC MATURITY?
📊 POLL
El Salvador changed the Bitcoin law.
For you, was this:
The short and quick answer is: NO.
But the smart answer is: CHANGED the game.
In 2021, El Salvador made Bitcoin mandatory legal tender.
In 2025, after an agreement with the IMF, the country:
✔ Removed the requirement for acceptance
✔ Made the use voluntary
✔ Adjusted the Bitcoin Law
This does NOT mean abandonment.
It means strategic adaptation.
🟡 And they continue to buy BTC ???
Here is the point that generates confusion:
🔹 The government claims to continue adding Bitcoin to reserves.
🔹 HOWEVER… Reports linked to the agreement with the IMF indicate that purchases with public funds have been DISCONTINUED since February/2025.
In other words:
There may be a difference between "buying with public money" and "moving already existing reserves".
Different narratives. Different interpretations.
🔴 But….. Are they selling?
There is NO solid evidence of systematic selling of reserves.
Movement between wallets does not mean selling; it could just be a reorganization of custody.
🎯 What does this really show?
El Salvador has NOT ABANDONED Bitcoin.
It has moved from a purely ideological stance to a diplomatic and economic posture.
And this CHANGES the macro reading.
💭 Question for you:
If a country reduces public exposure but maintains reserves… is this a RETREAT or STRATEGIC MATURITY?
📊 POLL
El Salvador changed the Bitcoin law.
For you, was this:
🔘Ajuste, por pressão do FMI
40%
🔘Enfraquecimento da tese BTC
0%
🔘Estratégia preservar reservas
0%
🔘Movimento neutro, segue plano
60%
5 votes • Voting closed