Yugocean
Valued Contributor
The Motto of "Buy The Dip" is always sthrengthning during market crash and not "Panic sale". El Salvador wasn't going to miss the chance.
The bitcoin market is in horrible stage of Bloodbath; nonetheless, now is an excellent time to invest.
El Salvador's President, Naib Bukele took the advantage of it, he has purchased another 500 bitcoins for $31,780, bringing the country's total bitcoin reserve to cross 2k BTC.
Naib Bukele has taken the position of transferring the El Salvador treasury from dollars to bitcoin with every market slump since bitcoin became legal tender in the country last year.
Although bitcoin mining is also carried out in El Salvador using renewable energy derived from the country's volcanoes; however, it is not known how many bitcoins have been minted by them so far?
The United States, the International Monetary Fund, and other opponents of cryptocurrencies are opposing Naib Bukele's determination to significantly transform the economy, but Bukele is certain about his decision.
The bitcoin market is in horrible stage of Bloodbath; nonetheless, now is an excellent time to invest.
El Salvador's President, Naib Bukele took the advantage of it, he has purchased another 500 bitcoins for $31,780, bringing the country's total bitcoin reserve to cross 2k BTC.
Naib Bukele has taken the position of transferring the El Salvador treasury from dollars to bitcoin with every market slump since bitcoin became legal tender in the country last year.
Although bitcoin mining is also carried out in El Salvador using renewable energy derived from the country's volcanoes; however, it is not known how many bitcoins have been minted by them so far?
The United States, the International Monetary Fund, and other opponents of cryptocurrencies are opposing Naib Bukele's determination to significantly transform the economy, but Bukele is certain about his decision.