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Developers who have been working in the crypto industry for many years decided to make a joke of what was going on.

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"BITCOIN DECLARES ITSELF A COUNTRY, IMMEDIATELY SEEKS BAILOUT FROM INTERNATIONAL MONETARY FUND"

February 15, 2025
February 15, 2025 - In a groundbreaking move that has traditional economists spinning in their ergonomic office chairs, Bitcoin has officially declared itself a sovereign state, aptly named "The Ledger Republic." The new 'country' wasted no time in applying for financial aid from the International Monetary Fund (IMF).
The Ledger Republic, which boasts no land but claims a virtual expanse in cyberspace, has already designed a flag - a golden B on a volatile chart-pattern background. Its first order of business as a self-declared autonomous entity was to seek a bailout from the IMF, citing "unprecedented economic turbulence and speculative attacks" on its economy.
Critics argue that Bitcoin's latest stunt is just another ploy in its long history of dramatic price manipulations.