Post
Topic
Board Bitcoin Discussion
Re: El Salvador moved their bitcoins
by
promise444c5
on 30/08/2025, 15:55:55 UTC

Are there any technical details with how El Salvador is setting up their wallets? Maybe a lot of countries could follow suit.
For that amount of Bitcoin, what else could you think of besides cold storage? Here’s your answer anyway: https://x.com/nayibbukele/status/1768425845163503738?s=46. An extra layer of security is multisig, which you should have noticed earlier from the image LDL shared. That’s the right setup because it’s not a single individual who owns the Bitcoin, it’s a whole country. I believe this is the standard way every country should arrange cold storage, with the signers and their key access kept secret.