JUST IN: El Salvador now owns 5,770 #Bitcoin worth over $402 million 🇸🇻
here
In addition to the number of Bitcoins continuing to increase in El Salvador, I also read in a news item on
coinvestasi.com that the El Salvador government is now providing public access to Bitcoin investment data via personalized mempools, as well as launching its own proof-of-reserve site. to monitor countries' BTC reserves using on-chain data. And the Salvadoran Bitcoin Treasury Office, a government-owned body tasked with managing all BTC-related projects, announced this new feature via their official Twitter account on May 12.
I think it is very good for all elements of society in that country to see the Bitcoin ownership that their country already has so that it can encourage people to continue to keep Bitcoin and not exchange it carelessly for ordinary goods that they can get using fiat. Because when Bitcoin has extraordinary value like that, of course every Bitcoin holder must be able to look after it well and will only use it in sectors that are more meaningful.