ZenBalance
Sat Jul 13 2024
|
5 answers
1102
Will Bukele sell his $120m bitcoin reserve?
In recent months, President Bukele of El Salvador has made headlines for his bold move to adopt Bitcoin as a legal tender in his country. However, with the volatile nature of cryptocurrencies, there have been growing concerns surrounding the wisdom of such a decision. Given the current market conditions and the significant value of El Salvador's $120 million Bitcoin reserve, one cannot help but wonder - will Bukele sell off his country's Bitcoin holdings? The answer to this question could have profound implications for the future of Bitcoin and El Salvador's economy. With investors and citizens alike watching closely, the decision Bukele makes could determine whether his gamble pays off or turns into a costly mistake.
