The Bitcoin Blockchain: the ultimate truth machine? Yes and no. We can observe the amount of BTC held on specific addresses and the movements thereof. It can provide us insights into the behaviour of entities, but may also be misleading. The BTC holdings of El Salvador are the most recent example of that. Looking at the below graph, they have been clearly buying 1 BTC every day, right? Even despite the IMF telling them not to do so, or at least that's what @nayibbukele has claimed. However, the latest report by the IMF from July 15 contradicts these claims, stating that the increases are merely consolidations of BTC from various government wallets. If this is true, Bukele has been purposely misleading the public. Whether you believe one side or the other, I leave it to you to be the judge, but if there is one thing to take away from this, it is to be sceptical when interpreting data, even if it is on the blockchain. Just because it is on the blockchain, the narrative derived from it may not reflect the truth.(Dr. Jan Wüstenfeld)