El Salvador, the trailblazer in adopting Bitcoin, now holds over $400 million in cryptocurrency.
President Nayib Bukele spearheaded the move in 2021, paving the way for daily Bitcoin purchases.
Their innovative approach includes a passport program, BTC conversions for businesses, and mining, all aimed at fostering a robust Bitcoin economy.
Bukele unveiled the government’s Bitcoin address and highlighted their “piggy bank” cold storage.
They’re buying 1 Bitcoin daily until it surpasses fiat currencies.
With over 5,700 BTC bought at an average of $42,700, their holdings surged by $80 million as Bitcoin hit $70,000.
Bukele’s vision sees …
