Post
Topic
Board Gambling discussion
Re: El Salvador's bitcoin
by
Nwada001
on 28/08/2025, 15:23:28 UTC
Both platforms have listed that El Salvador will have a total of $1 Billion worth of bitcoin by the end of 2025. The odds are pretty interesting. Now Bukele has found out about this and seems to be hinting on social media. But do you genuinely believe El Salvador can magically get to a billion worth of bitcoin? They currently have over $700 Million. They would only need $300 million more. To me it seems a lot. To a country like El Salvador, that isn't easy money either. Would you bet on this?
$300 million to acquire Bitcoin for a country like El Salvador is a lot, adding to their loan with the IMF, and the loan conditions—let us also not forget the fact that it took them almost 4 years, if not more, to actually reach the number they are now, and we have just 4 months left for them to reach the $1 billion Bitcoin accumulation volume. It's a lot more for them if you ask me unless they will take it as a challenge and want to go extra just to hit that target, which I think they are not economically ready for.