Billionaire US venture capitalist Tim Draper said this week that a rise in bitcoin to $100,000 could allow El Salvador to repay loans to its international monetary fund "and never have to negotiate with them again". It is reported that El Salvador owes the international monetary fund about 80 million dollars, while El Salvador holds 5913.76 BTC. Therefore, if Bitcoin rises to 100,000 dollars, El Salvador will receive 189 million dollars from its Bitcoin holdings, more than its IMF loan. However, this calculation requires the following two assumptions: 1. Assume that the bitcoin in the country is not collateralized, that is, it has not been used for other purposes or pledged against other loans or contractual obligations. 2. Assuming that non-IMF debts, which run into billions of dollars, are ignored, the country would be able to remit profits from its revalued bitcoin holdings directly to the IMF without having to repay higher-ranking creditors first. Due to the difficulty of reaching both assumptions, El Salvador may need far more than $100,000 in bitcoin to repay the IMF debt, as well as all of El Salvador's other lenders. (Protos)