El Salvador’s first-of-its-kind adoption of Bitcoin won’t be an obstacle for the government to reach a $1.3 billion loan agreement with the International Monetary Fund, according to the country’s central bank president. The cryptocurrency will lose its reputation as a speculative asset and prove its use as a legitimate payment system, central bank President Douglas Rodriguez said in an interview Monday. He even expects Bitcoin’s notorious price volatility to help the economy expand more than the 9% the bank forecasts it will this year. “We don’t see any risks. Perhaps, upside risks,” Rodriguez said in a virtual ... (full story)