[fy20]

> If the world bank were to assist in implementing bitcoin in El Salvador, their general technical & financial competence would be transparently on display. And I doubt this fact appeals to them.

Having worked for a similar international government type organisation before, this would mean:

1) Hiring someone like IBM to implement the project, who would charge roughly 10x per man hour what they would have to pay for an internal team to do it, as well as licensing fees for various IBMs products that they don't really need.

2) IBM would find a group of junior level developers to build it, who would work about as well as you would expect given the constantly changing requirements dictated by a comittee who can barely spell blockchain.

3) After an overrun of 6-12 months the project would be scrapped, and whichever C-level manager who was incharge of it at IMF would be able blame IBM.

4) Said manager would then be able to take this experience and find a similar level position in private industry, paying 10x what he was on before. He'd celebrate his new job, by playing a round of golf with his IBM buddies.