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Which got me to think about the possible consequences if El Salvador were to ever announce that it is selling its bitcoins and plans to never buy any more? I am aware that the possibility of that is low since El Salvador has always expressed interest towards bitcoin but just hypothetically, how much would bitcoin be affected if El Salvador does not show support any more?
The truth is that there is no way you will share the history of Bitcoin today without mentioning the impact of El Salvador no matter how little because it's the number one country attached to Bitcoin even as Bitcoin has helped the name of the country to be known the more and mentioned daily and has also improved its tourism which wouldn't have been possible without legalizing Bitcoin. Upon these, nothing sizable will happen if El Salvador sells its Bitcoin, they have too little to drive the market insanely lower.