Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Luzin
on 13/03/2024, 01:26:18 UTC
According to Coindesk, El Salvador has an unrealized profit of $84 million. That is the accumulation from 2021. Nayib Bukele mentioned Bitcoin that is obtained not only from purchases. But there are from:
1. From Our Passport Program
2. Revenue from converting
3. BTC to USD for local businesses
4. From Mining
5. Revenue from Government Services


Source:
1. https://www.coindesk.com/business/2024/03/12/el-salvador-is-sitting-on-84m-profit-from-its-bitcoin-holdings/
2. https://x.com/nayibbukele/status/1767323587071947195?s=20