Cryptocurrency Q&A
Is El Salvador stockpiling bitcoin?
Is El Salvador stockpiling bitcoin?
ThunderBreezeHarmony
Fri Jan 17 2025
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6 answers
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I heard that El Salvador, a Central American country, is considering stockpiling bitcoin. I'm curious if they have actually started stockpiling the cryptocurrency and what their reasons might be for doing so.
6 answers
amelia_miller_designer
Sun Jan 19 2025
This strategic move came at a pivotal time, as 2021 was also the year when El Salvador made Bitcoin a legal tender, alongside the US dollar.
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Silvia
Sun Jan 19 2025
As Bitcoin's value has surged recently, the country's investment in the cryptocurrency has proven to be a lucrative one.
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SejongWisdomKeeper
Sun Jan 19 2025
President Bukele took to Twitter to celebrate this milestone, revealing that El Salvador had achieved $100 million of unrealized profit from its Bitcoin holdings.
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Dario
Sun Jan 19 2025
President Nayib Bukele of El Salvador has been a key figure in the country's embrace of Bitcoin.
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DigitalDragonfly
Sun Jan 19 2025
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of investors and traders in the digital currency market.
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