Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Bushdark
on 20/03/2024, 17:50:18 UTC
El Salvador moved more than 5,000 BTC to a cold storage wallet worth about $400 million dollars.

It's a surprise, look at the Bitcoin he kept it was only half of the predictions that were widely written in the media. Nayib Bukele's description is not all, this means that there is still a lot he keeps. Maybe some Bitcoin don't store in this cold wallet they will sell for state development operations. Although this evidence may not be 100% certain, but I think he is not lying.
El Salvador had made a good decision in the past if they had been buying and accumulating enough Bitcoin for the country try trade when the price of Bitcoin finally ho bullish. Now that we have been seeing some good moves and green candles, I think the country might make the good fortune from such a decision because the Bitcoin price is already up and the halving is coming that is going to make the price to skyrocket, which is a big benefit for every Bitcoin holders. I hope to see good news coming from the news.