I think El Salvador continues to run even in the midst of price fluctuations. This is evidenced by where El Salvador continues to buy bitcoin when the price experienced a deep correction throughout last September. They even adopt Bitcoin as a medium of exchange
When Bukele ordered the purchase of Bitcoin a month back, there was huge outcry in El Salvador. It got louder when the exchange rates crashed from $45,000 to $42,000. Some rioters even burned down the Bitcoin ATMs. But the current exchange rate is $57,000 (which represents a 30% upswing from the rate at the time of purchase). And incidentally the mainstream media has gone silent on this issue, although they were churning anti-Bitcoin articles at a rate of a dozen per minute earlier.
You would really expect those words because not all would really be having always that kind of positive feedback or do agree on things in one go because there would be supporters and so much with haters too.
Now that bitcoin had reached out 60k+ then what are their words? For sure they would really be that silent for too long and might changed up their minds when bitcoins price would break its ath and would
go to new ATH.Its a good call that El Salvador did really came in on the right time and we might be seeing new numbers on upcoming years to come.
The policy of the bukele president towards legalizing bitcoin in El Salvador has been in the spotlight in the country, where they have managed to increase their profits greatly this year and the economic growth in the government of El Salvador is getting better.