El Salvador, a country in Central America, is trying to use Bitcoin, a type of digital money, alongside regular money. Its president, Nayib Bukele, wants to keep buying Bitcoin for the country, even though the International Monetary Fund (IMF), a group that helps countries with money problems, said they shouldn't. This is creating a bit of a puzzle!
- El Salvador got a big loan from the IMF, but the IMF doesn't want them to buy Bitcoin anymore.
- President Bukele says El Salvador will continue buying Bitcoin despite the IMF's rules.
- Some people think Bukele is trying to show he supports Bitcoin, while others believe it's a strategic move.
- The IMF said the recent Bitcoin purchase doesn't break their agreement with El Salvador.
| Thing | Detail |
|---|---|
| Bitcoin | A type of digital money. |
| IMF | Helps countries with money problems. |
| Loan | El Salvador got $1.4 billion from the IMF. |
| Bitcoin Purchase | El Salvador recently bought more Bitcoin. |
