El Salvador's President Naib Buquel has said his country will continue to buy 1 bitcoin a day until the price of bitcoin becomes 'unaffordable' with fiat currency.


El Salvador set a unique precedent in the world by being the first country to accept Bitcoin as legal tender. After adopting Bitcoin as legal tender, El Salvador announced in 2022 that El Salvador would purchase one Bitcoin per day. They have continued with their Bitcoin purchases until now. El Salvador's President Naib Buquel recently confirmed that his country's program to buy one bitcoin a day will continue until the price of bitcoin becomes unaffordable with fiat currency.

The President of El Salvador, Naib Bookel, shared another new update on El Salvador's program to buy one bitcoin per day on his social media platform Twitter. 



https://news.bitcoin.com/el-salvador-will-keep-buying-1-bitcoin-daily-until-btc-becomes-unaffordable-with-fiat-currencies-says-president-bukele/