萨尔瓦多
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🚀El Salvador has once again increased its holdings by 6,000 bitcoins, with a total value exceeding $569 million!
The small Central American country of El Salvador has surpassed the 6,000 bitcoin mark, with a total value exceeding $569 million! President Nayib Bukele has not only elevated bitcoin to the status of national treasury asset but has also seen El Salvador's cryptocurrency investments grow by 108%!
El Salvador is now the sixth-largest holder of bitcoin in the world, following the United States, China, the United Kingdom, Ukraine, and Bhutan. The bitcoin holdings of this small country have allowed them to join the ranks of elite nations that consider bitcoin part of their fiscal strategy.
Data analysts have discovered that El Salvador is buying bitcoin almost daily, and recently, after reaching a $1.4 billion agreement with the International Monetary Fund (IMF), they made a significant purchase, acquiring $1 million worth of bitcoin in a single day!
Let’s not forget, El Salvador is the first country in the world to adopt bitcoin as legal tender. Although the IMF has continuously urged them to slow down, El Salvador remains steadfast in increasing its bitcoin holdings.
Stacy Herbert, the director of El Salvador's National Bitcoin Office, also expressed on social media platform X that this is just the beginning, and El Salvador's development in the bitcoin space is moving at full speed.
In summary, El Salvador is undeterred by the opposition from the International Monetary Fund (IMF) and is committed to the path of bitcoin development, steadily rewriting the fate of its economy.
As for what comes next, how will El Salvador's bitcoin journey continue, and what insights will this bold economic strategy bring us? Let’s wait and see how this economic experiment unfolds!
#萨尔瓦多 #比特币 #加密货币 #经济战略
The small Central American country of El Salvador has surpassed the 6,000 bitcoin mark, with a total value exceeding $569 million! President Nayib Bukele has not only elevated bitcoin to the status of national treasury asset but has also seen El Salvador's cryptocurrency investments grow by 108%!
El Salvador is now the sixth-largest holder of bitcoin in the world, following the United States, China, the United Kingdom, Ukraine, and Bhutan. The bitcoin holdings of this small country have allowed them to join the ranks of elite nations that consider bitcoin part of their fiscal strategy.
Data analysts have discovered that El Salvador is buying bitcoin almost daily, and recently, after reaching a $1.4 billion agreement with the International Monetary Fund (IMF), they made a significant purchase, acquiring $1 million worth of bitcoin in a single day!
Let’s not forget, El Salvador is the first country in the world to adopt bitcoin as legal tender. Although the IMF has continuously urged them to slow down, El Salvador remains steadfast in increasing its bitcoin holdings.
Stacy Herbert, the director of El Salvador's National Bitcoin Office, also expressed on social media platform X that this is just the beginning, and El Salvador's development in the bitcoin space is moving at full speed.
In summary, El Salvador is undeterred by the opposition from the International Monetary Fund (IMF) and is committed to the path of bitcoin development, steadily rewriting the fate of its economy.
As for what comes next, how will El Salvador's bitcoin journey continue, and what insights will this bold economic strategy bring us? Let’s wait and see how this economic experiment unfolds!
#萨尔瓦多 #比特币 #加密货币 #经济战略
快乐富有金萝卜:
国家级韭菜，国库等着被华尔街收割吧
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🇸🇻 The Salvadoran government is ramping up its accumulation of $BTC!
In the past week, El Salvador purchased another 29 $BTC ($2.84M), bringing its total holdings to 5,995 $BTC ($562M).
It seems that the national dollar-cost averaging plan is steadily progressing, and the bull market target is getting closer! 🚀
👉 https://intel.arkm.com/explorer/entity/el-salvador
#币圈动态 #链圈热点 #萨尔瓦多 #BTC☀️ #财富密码
In the past week, El Salvador purchased another 29 $BTC ($2.84M), bringing its total holdings to 5,995 $BTC ($562M).
It seems that the national dollar-cost averaging plan is steadily progressing, and the bull market target is getting closer! 🚀
👉 https://intel.arkm.com/explorer/entity/el-salvador
#币圈动态 #链圈热点 #萨尔瓦多 #BTC☀️ #财富密码
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📢To obtain a $1.4 billion IMF loan, El Salvador's Bitcoin policy is hampered. Is this a blessing or a curse?
To secure a $1.4 billion loan from the International Monetary Fund, El Salvador had to make concessions on its Bitcoin policy, agreeing to scale back its strong promotion of Bitcoin and limit its use in the public sector. According to the agreed protocol, the relevant plans are expected to be submitted to the IMF Board for approval in early February.
Specifically, El Salvador will no longer mandate private enterprises to use Bitcoin, and the government will no longer accept Bitcoin as a tax currency. Additionally, the state-owned Chivo wallet, which was established to facilitate Bitcoin transactions for citizens, will also gradually reduce government involvement. The IMF stated that these measures are designed to mitigate the risks associated with Bitcoin price volatility and protect the integrity of the financial system.
This agreement also means that El Salvador will enhance regulation and oversight of digital assets to protect consumers and investors while maintaining financial stability. The El Salvadoran government is also attempting to rebuild international confidence in its fiscal policy and attract more international financial support to stabilize the national economy.
However, this decision has also drawn some criticism. El Salvador's President Nayib Bukele, who was once a staunch supporter of Bitcoin, now has to bow to the IMF's demands. Critics argue that this is not only a betrayal of El Salvador's economic strategy but also a betrayal of Bitcoin.
🗣 Opinion:
Despite recent volatility in the Bitcoin market, El Salvador continues to adhere to its plan of purchasing Bitcoin daily, and just yesterday, amid a market downturn, they even increased their purchases, acquiring 11 Bitcoins in a single day. Media reporting may be trying to influence investor sentiment by emphasizing negative market news.
At the same time, the purchasing behavior of mining companies, institutional funds, and El Salvador indicates that there is still strong confidence in Bitcoin's long-term value. Individual investors should remain vigilant, carefully analyze market reports, and avoid panic selling. In the field of investment, maintaining calm and rationality is crucial.
💬 What do you think about this decision by El Salvador? Does this indicate that the acceptance of cryptocurrencies in the global financial system is declining?
#萨尔瓦多 #IMF #比特币 #经济协议 #加密货币政策
To secure a $1.4 billion loan from the International Monetary Fund, El Salvador had to make concessions on its Bitcoin policy, agreeing to scale back its strong promotion of Bitcoin and limit its use in the public sector. According to the agreed protocol, the relevant plans are expected to be submitted to the IMF Board for approval in early February.
Specifically, El Salvador will no longer mandate private enterprises to use Bitcoin, and the government will no longer accept Bitcoin as a tax currency. Additionally, the state-owned Chivo wallet, which was established to facilitate Bitcoin transactions for citizens, will also gradually reduce government involvement. The IMF stated that these measures are designed to mitigate the risks associated with Bitcoin price volatility and protect the integrity of the financial system.
This agreement also means that El Salvador will enhance regulation and oversight of digital assets to protect consumers and investors while maintaining financial stability. The El Salvadoran government is also attempting to rebuild international confidence in its fiscal policy and attract more international financial support to stabilize the national economy.
However, this decision has also drawn some criticism. El Salvador's President Nayib Bukele, who was once a staunch supporter of Bitcoin, now has to bow to the IMF's demands. Critics argue that this is not only a betrayal of El Salvador's economic strategy but also a betrayal of Bitcoin.
🗣 Opinion:
Despite recent volatility in the Bitcoin market, El Salvador continues to adhere to its plan of purchasing Bitcoin daily, and just yesterday, amid a market downturn, they even increased their purchases, acquiring 11 Bitcoins in a single day. Media reporting may be trying to influence investor sentiment by emphasizing negative market news.
At the same time, the purchasing behavior of mining companies, institutional funds, and El Salvador indicates that there is still strong confidence in Bitcoin's long-term value. Individual investors should remain vigilant, carefully analyze market reports, and avoid panic selling. In the field of investment, maintaining calm and rationality is crucial.
💬 What do you think about this decision by El Salvador? Does this indicate that the acceptance of cryptocurrencies in the global financial system is declining?
#萨尔瓦多 #IMF #比特币 #经济协议 #加密货币政策
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El Salvador supports Bitcoin bank proposal to expand investment channels
The core goal of the El Salvador Bitcoin Bank proposal is to provide a diverse range of financing options for both U.S. dollar and Bitcoin investors to enhance the flexibility and attractiveness of the financial system, thereby promoting innovation and growth in the country's economy.
El Salvador aims to promote Bitcoin banking
El Salvador’s President Nayib Bukele, a staunch supporter of Bitcoin, has proposed establishing a private investment bank (BPI) in his country that would provide financial services to Bitcoin (BTC) and other U.S. dollar investors with fewer restrictions than traditional banks.
El Salvador aims to promote Bitcoin banking
El Salvador’s President Nayib Bukele, a staunch supporter of Bitcoin, has proposed establishing a private investment bank (BPI) in his country that would provide financial services to Bitcoin (BTC) and other U.S. dollar investors with fewer restrictions than traditional banks.
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📊 The Salvadoran government has made a fortune by increasing its holdings of 1 Bitcoin every day!
🚀 As we all know, the Salvadoran government has been quietly hoarding Bitcoin, and their return on investment is really good! Since March 16 this year, the Salvadoran government has been buying 1 BTC every day, just like punching a card, and has not stopped until now, for more than 5 consecutive months.
🔑 According to the discovery on the ARKHAM chain, the Salvadoran government's cold wallet address has now accumulated 5,851 BTC, which is a lot of digital gold worth $355 million! Their average purchase cost is only $44,835. According to the current market price of Bitcoin, they have earned more than $92.5 million, and the increase has exceeded 35%! $BTC
💰 This not only shows the accuracy of its investment strategy, but also reflects the market's continued recognition of the value of Bitcoin! At a time when traditional and modern financial systems are intertwined, Bitcoin, as an emerging asset class, has a national acceptance and application prospects that undoubtedly provide a new perspective for global financial innovation.
🌟 The Salvadoran government's Bitcoin investment behavior is not only an active exploration of the country's economic diversification, but also a strong proof of the stability and growth potential of cryptocurrencies. As the global economic landscape continues to evolve, this strategy of El Salvador may become a reference case for other countries when considering digital currencies.
👀 So, what will the Salvadoran government do next? Will it continue to increase its holdings, or will it cash out at some point? This is a question worthy of our attention.
💬 What do you think of the Salvadoran government's Bitcoin holdings strategy? What enlightenment will it give you and other investors? Welcome to leave your investment strategy in the field of cryptocurrency in the comment area!
#萨尔瓦多 #比特币增持 #加密货币投资 #比特币
🚀 As we all know, the Salvadoran government has been quietly hoarding Bitcoin, and their return on investment is really good! Since March 16 this year, the Salvadoran government has been buying 1 BTC every day, just like punching a card, and has not stopped until now, for more than 5 consecutive months.
🔑 According to the discovery on the ARKHAM chain, the Salvadoran government's cold wallet address has now accumulated 5,851 BTC, which is a lot of digital gold worth $355 million! Their average purchase cost is only $44,835. According to the current market price of Bitcoin, they have earned more than $92.5 million, and the increase has exceeded 35%! $BTC
💰 This not only shows the accuracy of its investment strategy, but also reflects the market's continued recognition of the value of Bitcoin! At a time when traditional and modern financial systems are intertwined, Bitcoin, as an emerging asset class, has a national acceptance and application prospects that undoubtedly provide a new perspective for global financial innovation.
🌟 The Salvadoran government's Bitcoin investment behavior is not only an active exploration of the country's economic diversification, but also a strong proof of the stability and growth potential of cryptocurrencies. As the global economic landscape continues to evolve, this strategy of El Salvador may become a reference case for other countries when considering digital currencies.
👀 So, what will the Salvadoran government do next? Will it continue to increase its holdings, or will it cash out at some point? This is a question worthy of our attention.
💬 What do you think of the Salvadoran government's Bitcoin holdings strategy? What enlightenment will it give you and other investors? Welcome to leave your investment strategy in the field of cryptocurrency in the comment area!
#萨尔瓦多 #比特币增持 #加密货币投资 #比特币
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🥳 El Salvador's Bitcoin investment returns have been a great success, attracting global attention!
El Salvador's President Nayib Bukele recently announced on social media platform X that their country has achieved remarkable success with its Bitcoin investments in 2021.
As the price of Bitcoin surpassed the $100,000 mark, the value of nearly 6,000 Bitcoins held by El Salvador's treasury has exceeded $600 million, with an investment return rate of 124%.
President Bukele showcased the country's cryptocurrency holdings and revealed that the unrealized profits have reached $333.6 million. This achievement has sparked widespread discussion and praise online, with even billionaire Elon Musk considering it an impressive accomplishment.
Although the price of Bitcoin has retreated somewhat, currently hovering around $99,500, El Salvador's reserves are still valued at an impressive $594.9 million. Since 2022, El Salvador has been purchasing one Bitcoin daily, accumulating a total of 5,942 BTC, and President Bukele has pledged to continue increasing this amount.
However, not all Salvadorans have benefited from this investment. Some opted to cash out a $30 Bitcoin reward when the government launched its digital wallet, choosing short-term gains over potential long-term benefits. Additionally, critics pointed out that these profits remain unrealized until the Bitcoins are sold.
President Bukele has accused political opponents of discouraging citizens from adopting cryptocurrencies, claiming this has deprived many of significant economic benefits. He stated on social media that the opposition made serious mistakes regarding Bitcoin, impacting many people.
It is noteworthy that the recent rapid growth of Bitcoin is linked to global events, including Donald Trump's electoral victory. This pro-cryptocurrency president has promised to formulate policies to retain and expand the U.S. government's Bitcoin holdings, which has fueled market optimism towards virtual currencies.
In summary, El Salvador's Bitcoin investment story is one of vision and courage, showcasing how a small country can achieve significant accomplishments in the global financial market through bold strategies.
Do you think El Salvador's Bitcoin investment strategy will bring long-term benefits to the country? Leave your thoughts in the comments!
#比特币 #萨尔瓦多 #加密货币 #投资回报
El Salvador's President Nayib Bukele recently announced on social media platform X that their country has achieved remarkable success with its Bitcoin investments in 2021.
As the price of Bitcoin surpassed the $100,000 mark, the value of nearly 6,000 Bitcoins held by El Salvador's treasury has exceeded $600 million, with an investment return rate of 124%.
President Bukele showcased the country's cryptocurrency holdings and revealed that the unrealized profits have reached $333.6 million. This achievement has sparked widespread discussion and praise online, with even billionaire Elon Musk considering it an impressive accomplishment.
Although the price of Bitcoin has retreated somewhat, currently hovering around $99,500, El Salvador's reserves are still valued at an impressive $594.9 million. Since 2022, El Salvador has been purchasing one Bitcoin daily, accumulating a total of 5,942 BTC, and President Bukele has pledged to continue increasing this amount.
However, not all Salvadorans have benefited from this investment. Some opted to cash out a $30 Bitcoin reward when the government launched its digital wallet, choosing short-term gains over potential long-term benefits. Additionally, critics pointed out that these profits remain unrealized until the Bitcoins are sold.
President Bukele has accused political opponents of discouraging citizens from adopting cryptocurrencies, claiming this has deprived many of significant economic benefits. He stated on social media that the opposition made serious mistakes regarding Bitcoin, impacting many people.
It is noteworthy that the recent rapid growth of Bitcoin is linked to global events, including Donald Trump's electoral victory. This pro-cryptocurrency president has promised to formulate policies to retain and expand the U.S. government's Bitcoin holdings, which has fueled market optimism towards virtual currencies.
In summary, El Salvador's Bitcoin investment story is one of vision and courage, showcasing how a small country can achieve significant accomplishments in the global financial market through bold strategies.
Do you think El Salvador's Bitcoin investment strategy will bring long-term benefits to the country? Leave your thoughts in the comments!
#比特币 #萨尔瓦多 #加密货币 #投资回报
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The El Salvador Treasury invests 1 Bitcoin every day and now holds 5,849 Bitcoins
El Salvador Bitcoin cold wallet address: 32ixEdVJWo3kmvJGMTZq5jAQVZZeuwnqzo
El Salvador President Nayib Bukele is really a model of value investment in the currency circle. In November 2022, the President of El Salvador posted on X that he would invest 1 Bitcoin every day and deposit it into a cold wallet. More than a year has passed, and Bitcoin worth $16,000, $32,000, $50,000, $60,000, and $70,000 are still being bought. Nayib Bukele said that this fixed investment will continue until the day when Bitcoin cannot be purchased with legal currency.
We should all pay tribute to Nayib Bukele, who has made great contributions to the development of Bitcoin.
Hold BTC, ETH, and BNB, and let time accompany us to slowly become rich.
Binance has an annual creator event in the past two weeks. Please help me click the voting button on my homepage (vote to participate in the division of $10,000).
#萨尔瓦多 #BTC☀ #BNB2000 #ETH投资
El Salvador Bitcoin cold wallet address: 32ixEdVJWo3kmvJGMTZq5jAQVZZeuwnqzo
El Salvador President Nayib Bukele is really a model of value investment in the currency circle. In November 2022, the President of El Salvador posted on X that he would invest 1 Bitcoin every day and deposit it into a cold wallet. More than a year has passed, and Bitcoin worth $16,000, $32,000, $50,000, $60,000, and $70,000 are still being bought. Nayib Bukele said that this fixed investment will continue until the day when Bitcoin cannot be purchased with legal currency.
We should all pay tribute to Nayib Bukele, who has made great contributions to the development of Bitcoin.
Hold BTC, ETH, and BNB, and let time accompany us to slowly become rich.
Binance has an annual creator event in the past two weeks. Please help me click the voting button on my homepage (vote to participate in the division of $10,000).
#萨尔瓦多 #BTC☀ #BNB2000 #ETH投资
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El Salvador mines 474 Bitcoins using volcanic energy
El Salvador has demonstrated that Bitcoin can be mined not only with electricity, but also using geothermal energy from the Tecapa volcano.
According to Reuters, El Salvador has successfully mined 473.5 bitcoins over the past three years using geothermal energy from the Tecapa volcano. This mining activity has added $29 million in bitcoin value to the country, bringing its total bitcoin holdings to 5,750, worth nearly $354 million.
The report mentioned that all 300 Bitcoin mining processors currently used in El Salvador are powered by geothermal energy from the Tecapa volcano. The country has allocated 1.5 megawatts of electricity from the 102 megawatts of electricity produced by state-owned power plants specifically for Bitcoin mining. This marks a major shift in El Salvador's Bitcoin mining methods from traditional reliance on electricity and fossil fuels.
According to Reuters, El Salvador has successfully mined 473.5 bitcoins over the past three years using geothermal energy from the Tecapa volcano. This mining activity has added $29 million in bitcoin value to the country, bringing its total bitcoin holdings to 5,750, worth nearly $354 million.
The report mentioned that all 300 Bitcoin mining processors currently used in El Salvador are powered by geothermal energy from the Tecapa volcano. The country has allocated 1.5 megawatts of electricity from the 102 megawatts of electricity produced by state-owned power plants specifically for Bitcoin mining. This marks a major shift in El Salvador's Bitcoin mining methods from traditional reliance on electricity and fossil fuels.
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Today marks the third anniversary of El Salvador’s adoption of BTC as legal tender. Three years ago, on September 7, 2021, Bitcoin became legal tender in El Salvador. The country’s goal is to promote financial inclusion, facilitate more efficient remittance payments, and attract financial innovation. President Bukele’s decision to adopt Bitcoin makes the country a historic crypto asset pioneer.
El Salvador has been buying Bitcoin using dollar-cost averaging since 2021, buying 1 per day, and purchasing its current holdings at an average cost price of $43,877 per Bitcoin. According to the El Salvador Ministry of Finance website, the country currently holds a total of 5,865 Bitcoins, worth more than $318 million, with a profit of $31 million.
#萨尔瓦多 #BTC走势分析
El Salvador has been buying Bitcoin using dollar-cost averaging since 2021, buying 1 per day, and purchasing its current holdings at an average cost price of $43,877 per Bitcoin. According to the El Salvador Ministry of Finance website, the country currently holds a total of 5,865 Bitcoins, worth more than $318 million, with a profit of $31 million.
#萨尔瓦多 #BTC走势分析
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Breaking News: El Salvador Announces Bitcoin Volcano Bond Issuance Date
Regulators in El Salvador were quick to approve the issuance of the highly anticipated Bitcoin Volcano Bond.
Salvadoran regulators have approved the issuance of the bond in early 2024, ending the wait for a Bitcoin volcano bond.
Bitcoin bond issuance date confirmed
Building on its Bitcoin-friendly reputation, the government of El Salvador is continuing to provide approvals for crypto-related businesses. The latest news is that El Salvador’s Bitcoin Volcano Bond will be officially issued in the first quarter of 2024. The Commission on Digital Assets (CNAD) has reportedly approved the regulation of Volcano Bonds. CNAD is the government agency responsible for regulating the digital asset ecosystem in El Salvador.
Salvadoran regulators have approved the issuance of the bond in early 2024, ending the wait for a Bitcoin volcano bond.
Bitcoin bond issuance date confirmed
Building on its Bitcoin-friendly reputation, the government of El Salvador is continuing to provide approvals for crypto-related businesses. The latest news is that El Salvador’s Bitcoin Volcano Bond will be officially issued in the first quarter of 2024. The Commission on Digital Assets (CNAD) has reportedly approved the regulation of Volcano Bonds. CNAD is the government agency responsible for regulating the digital asset ecosystem in El Salvador.
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Turning the "gangster country" into "one of the safest countries in the world": How did El Salvador's most powerful "post-80s president" come into being?
Nayib Bukele, El Salvador's most powerful "post-80s president", was successfully re-elected this year, and attended the presidential inauguration ceremony at Gerardo Barrios Square on June 1, starting his second five-year term. He is a post-80s person with advanced thinking and strong strength.
Five years ago today, Nayib Bukele was sworn in as the president of El Salvador, and fully embraced Bitcoin, becoming the first Bitcoin president. On September 7, 2021, Bitcoin officially became the legal currency of El Salvador.
#萨尔瓦多 #第一位比特币总统 #btc $BTC
Nayib Bukele, El Salvador's most powerful "post-80s president", was successfully re-elected this year, and attended the presidential inauguration ceremony at Gerardo Barrios Square on June 1, starting his second five-year term. He is a post-80s person with advanced thinking and strong strength.
Five years ago today, Nayib Bukele was sworn in as the president of El Salvador, and fully embraced Bitcoin, becoming the first Bitcoin president. On September 7, 2021, Bitcoin officially became the legal currency of El Salvador.
#萨尔瓦多 #第一位比特币总统 #btc $BTC
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#3friends VIEW
1. Traders turned $861 into $657,000 by trading $MOTHER tokens, earning 762 times the profit:
2. Cathie Wood said Nayib Bukele was determined to turn #萨尔瓦多 into a Bitcoin oasis;
3. BlackRock #ibit net inflow of $102 million;
4. Sun Yuchen deposited #LidoFinance and #kelpDAO for a total of 198425 $ETH;
5. Cryptocurrency Panic and Greed Index maintained 72:
6. $OP unlocked 24.15 million tokens;
7. Robinhood board of directors approved a $1 billion stock repurchase plan;
1. Traders turned $861 into $657,000 by trading $MOTHER tokens, earning 762 times the profit:
2. Cathie Wood said Nayib Bukele was determined to turn #萨尔瓦多 into a Bitcoin oasis;
3. BlackRock #ibit net inflow of $102 million;
4. Sun Yuchen deposited #LidoFinance and #kelpDAO for a total of 198425 $ETH;
5. Cryptocurrency Panic and Greed Index maintained 72:
6. $OP unlocked 24.15 million tokens;
7. Robinhood board of directors approved a $1 billion stock repurchase plan;
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El Salvador will continue to buy Bitcoin daily until it “can’t afford it”
Summary:
•El Salvador’s President Nayib Bukele reiterated the country’s commitment to buying one Bitcoin per day. , despite initial criticism.
• The plan was announced in November 2022 as part of a dollar-cost averaging program that has proven successful as the price of Bitcoin soared. .
• El Salvador’s total Bitcoin holdings, including purchases through various channels, now reach 5,690 coins, valued at $3.94 billion.
El Salvador’s President Nayib Bukele has reiterated the country’s commitment to purchasing one Bitcoin per day.
•El Salvador’s President Nayib Bukele reiterated the country’s commitment to buying one Bitcoin per day. , despite initial criticism.
• The plan was announced in November 2022 as part of a dollar-cost averaging program that has proven successful as the price of Bitcoin soared. .
• El Salvador’s total Bitcoin holdings, including purchases through various channels, now reach 5,690 coins, valued at $3.94 billion.
El Salvador’s President Nayib Bukele has reiterated the country’s commitment to purchasing one Bitcoin per day.
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El Salvador public school system launches new Bitcoin education program
A nonprofit organization operating in El Salvador that focuses on Bitcoin (BTC) education has recently launched an updated version of its Bitcoin Diploma Program. The program aims to promote wider adoption of the leading cryptocurrency and educate individuals on the benefits of its underlying technology.
BTC education goes mainstream
The organization, known as "Mi Primer Bitcoin" or "My First Bitcoin," began offering BTC courses after El Salvador implemented its Bitcoin law in 2021.
In June 2022, they launched their first 10-week education program with 38 students from Salvadoran public schools. This move marks the first time that the BTC diploma program has been introduced in any public school system globally.
BTC education goes mainstream
The organization, known as "Mi Primer Bitcoin" or "My First Bitcoin," began offering BTC courses after El Salvador implemented its Bitcoin law in 2021.
In June 2022, they launched their first 10-week education program with 38 students from Salvadoran public schools. This move marks the first time that the BTC diploma program has been introduced in any public school system globally.
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El Salvador Official Says Argentina’s Bitcoin Adoption Exaggerated
Argentina’s relationship with Bitcoin appears to have hit a roadblock. Recent talks with El Salvador, the world’s first country to adopt Bitcoin, have sparked speculation that Argentina may follow suit. However, experts are urging caution to distinguish between friendly discussions and full-blown Bitcoinization.
Milley's election sparks interest in cryptocurrencies
In late 2023, the election of bitcoin enthusiast Javier Milei as president of Argentina shocked the traditionally conservative financial community. Predictions of an impending bitcoin boom circulated.
Milley's election sparks interest in cryptocurrencies
In late 2023, the election of bitcoin enthusiast Javier Milei as president of Argentina shocked the traditionally conservative financial community. Predictions of an impending bitcoin boom circulated.
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El Salvador Announces Bitcoin Bond Issuance: Will the Benefits Outweigh the Disadvantages or the Disadvantages?
Summary:
The government of El Salvador plans to issue its first Bitcoin-backed bonds in 2024. The program aims to provide funds for building Bitcoin City and investing in Bitcoin. However, the plan has also been criticized by many for its risks.
This article will analyze the pros and cons of El Salvador’s issuance of Bitcoin-backed bonds based on the background of El Salvador’s adoption of Bitcoin as legal tender, as well as its future prospects.
The background to El Salvador’s adoption of Bitcoin as currency
El Salvador is a small country in Central America with a population of approximately 6.5 million people. The country's economic development level is low and the poverty rate is extremely high. In recent years, El Salvador has faced a serious economic crisis, with high and abnormally high inflation rates.
The government of El Salvador plans to issue its first Bitcoin-backed bonds in 2024. The program aims to provide funds for building Bitcoin City and investing in Bitcoin. However, the plan has also been criticized by many for its risks.
This article will analyze the pros and cons of El Salvador’s issuance of Bitcoin-backed bonds based on the background of El Salvador’s adoption of Bitcoin as legal tender, as well as its future prospects.
The background to El Salvador’s adoption of Bitcoin as currency
El Salvador is a small country in Central America with a population of approximately 6.5 million people. The country's economic development level is low and the poverty rate is extremely high. In recent years, El Salvador has faced a serious economic crisis, with high and abnormally high inflation rates.
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Argentina hopes to learn from El Salvador's success with Bitcoin
The Argentine government is working with El Salvador to learn from its experience in adopting $BTC and other cryptocurrency activities.
According to an official announcement from Argentina's securities regulator, the National Securities Commission (CNV), the commission held a meeting with El Salvador's National Digital Asset Commission (CNAD) to discuss the adoption and regulation of cryptocurrencies in the two countries.
During the May 23 meeting, CNV President Roberto Silva, CNV Vice President Patricia Boedo, and CNAD President Juan Carlos Reyes discussed El Salvador's experience in becoming the first country in the world to adopt Bitcoin as legal tender in September 2021.
The officials exchanged approaches and concepts on the use of cryptocurrencies in the global economy, with a particular focus on the case of Bitcoin in El Salvador.
#3friends #BTC #萨尔瓦多
The Argentine government is working with El Salvador to learn from its experience in adopting $BTC and other cryptocurrency activities.
According to an official announcement from Argentina's securities regulator, the National Securities Commission (CNV), the commission held a meeting with El Salvador's National Digital Asset Commission (CNAD) to discuss the adoption and regulation of cryptocurrencies in the two countries.
During the May 23 meeting, CNV President Roberto Silva, CNV Vice President Patricia Boedo, and CNAD President Juan Carlos Reyes discussed El Salvador's experience in becoming the first country in the world to adopt Bitcoin as legal tender in September 2021.
The officials exchanged approaches and concepts on the use of cryptocurrencies in the global economy, with a particular focus on the case of Bitcoin in El Salvador.
#3friends #BTC #萨尔瓦多
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El Salvador: We will not sell Bitcoin, opponents should apologize
President Nayib Bukele has taken to X to defend El Salvador’s Bitcoin (BTC) investment strategy, which the leader describes as “profitable.” With prices recovering, Bukele now wants critics to admit their error of judgment and apologize.
Is Bitcoin investment in El Salvador green?
In a Dec. 4 Profit." "
Is Bitcoin investment in El Salvador green?
In a Dec. 4 Profit." "
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🌟 Daily purchase of 1 Bitcoin: El Salvador's investment gains $632 million, with a return rate of up to 133.95%
Since 2022, El Salvador's Bitcoin holdings have experienced significant growth, especially between 2023 and 2024, where the growth rate has been particularly rapid.
On December 16, a screenshot shared by El Salvador President Nayib Bukele on the X platform showed that the value of the country's Bitcoin holdings has reached $632 million, with a total investment of $270 million, yielding a profit of over $362 million, and a return rate of up to 133.95%. This growth not only reflects El Salvador's firm belief in Bitcoin but also demonstrates the effectiveness of its strategic investments.
Additionally, the El Salvador government's investment strategy of purchasing 1 Bitcoin daily, along with its strong belief in Bitcoin, has garnered widespread attention globally. As the price of Bitcoin continues to rise, this investment not only brings economic benefits to the country but also offers a new direction for global economic development.
At the same time, El Salvador's success story may inspire other countries and investors to reassess their stance on cryptocurrencies, potentially becoming an important force in promoting global financial innovation and the widespread adoption of cryptocurrencies.
#萨尔瓦多 #比特币政策 #加密货币投资 #比特币持仓 #投资回报率
Since 2022, El Salvador's Bitcoin holdings have experienced significant growth, especially between 2023 and 2024, where the growth rate has been particularly rapid.
On December 16, a screenshot shared by El Salvador President Nayib Bukele on the X platform showed that the value of the country's Bitcoin holdings has reached $632 million, with a total investment of $270 million, yielding a profit of over $362 million, and a return rate of up to 133.95%. This growth not only reflects El Salvador's firm belief in Bitcoin but also demonstrates the effectiveness of its strategic investments.
Additionally, the El Salvador government's investment strategy of purchasing 1 Bitcoin daily, along with its strong belief in Bitcoin, has garnered widespread attention globally. As the price of Bitcoin continues to rise, this investment not only brings economic benefits to the country but also offers a new direction for global economic development.
At the same time, El Salvador's success story may inspire other countries and investors to reassess their stance on cryptocurrencies, potentially becoming an important force in promoting global financial innovation and the widespread adoption of cryptocurrencies.
#萨尔瓦多 #比特币政策 #加密货币投资 #比特币持仓 #投资回报率