One BTC per day. Relationship between Salvador and International Monetary Fund (IMF) is complicated. Indeed, this international financial authority is trying to slow down the acceptance of bitcoins in this country. However, President Nayib Bukele remains determined to carry out his digital monetary policy. And even if IMF requires Reduce BTC purchases In exchange for a loan of $ 3.5 billion. A situation that does not seem to slow the pace of acquiring the first cryptocurrency.
- Salvador continued to buy bitcoins at a permanent pace of BTC daily, despite the IMF pressure.
- The country now holds 6111 BTC, while Bukel President remains determined to continue this bold strategy.
Salvador buys 1 BTC per day
Salvador has become A real laboratory for accepting bitcoins. This despite Pressures developed by IMF To limit his obligation to this cryptocurrency. Indeed, the country has received a $ 3.5 billion loan. But in return they must Reduce your BTC purchases.
It seems that a decision that does not suit President Nayib Bukele at all. Because the other one announced that his country continues to accumulate BTC. And with a lasting speed 1 Bitcoin per day.
6111 BTC for Salvador
A strategy that allows Salvador to hold a total 6111 BTCOr around $ 504 million during the current course, according to the Bitcoins office in the country. And despite the warning of the IMF of the risks associated with this cryptocurrency.
“No, it doesn’t stop. If it did not stop when the world scared us and most “bitcoiners” left us, it will not stop now and it will not stop in the future. »»
Nayib Bukele – Source
Salvador therefore remains faithful to his pro-bitcoin policy, despite the limits of the IMF. A position that can inspire other countries in finding financial independence. All the more with the President Nayib Bukele who just declared it Salvador does not intend to stop purchases of bitcoinsAs he said in a post on X.
El Salvador Continues to Accumulate Bitcoin Despite IMF Pressure
El Salvador, under the leadership of President Nayib Bukele, has solidified its position as a pioneering nation in Bitcoin adoption. Despite continuous pressure from the International Monetary Fund (IMF) to curb its Bitcoin acquisitions, the country remains steadfast in its commitment to accumulating BTC. This strategic move underscores El Salvador’s dedication to financial independence and its vision of a Bitcoin-driven economy.
El Salvador’s Bitcoin Strategy
Since making Bitcoin legal tender in 2021, El Salvador has embraced cryptocurrency as a tool for economic growth and financial inclusion. The government has consistently acquired Bitcoin, with its latest strategy involving the purchase of 1 BTC per day. As of March 2025, El Salvador holds a total of 6,111 BTC, valued at approximately $504 million based on current market prices.
President Bukele has expressed unwavering support for Bitcoin despite criticism from financial institutions and global economic organizations. His stance reflects a long-term belief in Bitcoin’s potential to serve as a hedge against traditional financial systems and a means to enhance national sovereignty.
IMF’s Concerns and Pressure on El Salvador
The IMF has repeatedly cautioned El Salvador about the risks associated with Bitcoin, citing volatility, regulatory concerns, and potential financial instability. In return for a $3.5 billion loan, the IMF has urged El Salvador to reduce its Bitcoin purchases and reconsider its heavy reliance on the cryptocurrency.
The IMF’s concerns primarily revolve around the following issues:
- Market Volatility – Bitcoin’s price fluctuations pose risks to national reserves and financial stability.
- Regulatory and Compliance Issues – Global regulatory bodies have yet to establish uniform guidelines for cryptocurrency adoption.
- Debt and Fiscal Stability – The IMF worries that El Salvador’s Bitcoin investments may undermine its ability to manage debt effectively.
- Financial System Integrity – The use of Bitcoin could potentially expose the country to illicit financial activities and reduced oversight.
Despite these concerns, El Salvador remains resolute in its Bitcoin strategy, viewing it as a long-term investment rather than a short-term risk.
Bitcoin as a Path to Financial Independence
El Salvador’s adoption of Bitcoin is more than just an economic experiment—it is a bold attempt to gain financial independence from traditional global financial institutions. The nation’s government has argued that dependence on entities like the IMF restricts economic autonomy and limits the country’s ability to make sovereign financial decisions.
Bitcoin offers several key benefits to El Salvador’s economy:
- Reduced Dependence on the US Dollar – Since El Salvador’s economy has traditionally relied on the US dollar, Bitcoin provides an alternative that could help diversify the country’s financial assets.
- Financial Inclusion – A significant portion of El Salvador’s population lacks access to traditional banking services. Bitcoin enables greater financial accessibility through digital wallets.
- Attracting Foreign Investment – The adoption of Bitcoin has positioned El Salvador as a global hub for cryptocurrency enthusiasts, attracting investors, businesses, and tourists interested in blockchain technology.
- Remittances and Lower Transaction Costs – A large percentage of El Salvador’s GDP comes from remittances sent by citizens living abroad. Bitcoin allows for faster and cheaper cross-border transactions compared to traditional financial services.
Bukele’s Stance: A Firm Commitment to Bitcoin
President Nayib Bukele has consistently defended his country’s Bitcoin strategy, dismissing critics and reaffirming his belief in the cryptocurrency’s future. In response to the IMF’s demands, Bukele stated:
“No, it doesn’t stop. If it did not stop when the world scared us and most ‘bitcoiners’ left us, it will not stop now and it will not stop in the future.”
This statement underscores his unwavering confidence in Bitcoin’s potential to reshape global financial systems. By continuing to acquire Bitcoin daily, Bukele sends a clear message that El Salvador is committed to this path, regardless of external pressure.
The Future of Bitcoin in El Salvador
While El Salvador’s Bitcoin experiment has faced challenges, it has also provided valuable insights into the potential of cryptocurrency as a national asset. The government has taken various initiatives to integrate Bitcoin into everyday life, including:
- Bitcoin Bonds – The introduction of Bitcoin-backed bonds aims to fund infrastructure projects and further investment in the cryptocurrency space.
- Bitcoin City – A futuristic city powered by Bitcoin mining, utilizing geothermal energy from the country’s volcanoes.
- Education and Awareness Programs – The government has launched campaigns to educate citizens about Bitcoin and its benefits, ensuring widespread understanding and adoption.
Potential Challenges
While El Salvador’s Bitcoin strategy is ambitious, it is not without risks. Some key challenges include:
- Market Fluctuations – Bitcoin’s price can be highly volatile, affecting the nation’s reserves.
- Regulatory Pushback – The global financial landscape is evolving, and increased regulatory scrutiny could pose challenges.
- Public Sentiment – While some citizens support the Bitcoin initiative, others remain skeptical about its long-term impact.
Global Implications: Will Other Countries Follow?
El Salvador’s decision to persist with Bitcoin despite IMF warnings could inspire other nations to explore similar strategies. Countries facing economic instability or those seeking financial independence from Western institutions might view Bitcoin as a viable alternative. Some nations, particularly those with high inflation or weak currencies, may consider cryptocurrency adoption to stabilize their economies.
In the long run, if Bitcoin proves to be a successful national asset for El Salvador, other countries may be more inclined to follow suit. However, widespread adoption will depend on global regulatory developments, technological advancements, and Bitcoin’s overall market performance.
Conclusion
El Salvador’s unwavering commitment to Bitcoin, despite pressure from the IMF, highlights its dedication to financial sovereignty and innovation. While risks exist, the potential benefits of Bitcoin adoption—such as financial inclusion, economic diversification, and reduced dependence on traditional financial institutions—make it a bold but strategic move.
President Nayib Bukele has made it clear that his country will not be deterred from its Bitcoin journey. By continuing to accumulate 1 BTC per day, El Salvador is not just experimenting with cryptocurrency but actively shaping the future of global finance. As the world watches closely, El Salvador’s experience with Bitcoin will serve as a case study for nations contemplating similar moves.