El Salvador’s Bitcoin reserve fails to help the average citizen — NGO exec

Key Points

1. El Salvador's Bitcoin reserve has not significantly benefited the average citizen, per Quentin Ehrenmann of My First Bitcoin NGO.

2. The IMF agreement has reduced public Bitcoin education and state-led initiatives, making BTC less accessible to residents.

3. The government continues accumulating Bitcoin, which may benefit officials but not the broader population.

4. A recent IMF report contradicted claims by El Salvador’s Bitcoin Office about the country’s Bitcoin treasury.

5. Debate persists over whether El Salvador’s Bitcoin experiment has failed, especially after compliance measures under the IMF loan deal.