Will Bukele's second term solidify El Salvador's position as a pioneering bitcoin nation?

While challenges remain, particularly in balancing the enthusiasm for cryptocurrency with economic stability and international relations, Bukele's second term presents an opportunity to solidify El Salvador's position as a pioneering bitcoin nation. Follow me on Twitter or LinkedIn .

Will Bukele sell bitcoin?

Bukele, who stepped down as president last week to focus on the campaign, said on X the country’s Bitcoin investments are up 2.84%, netting the country $3.6 million in profit. He said the government has no intention of selling its Bitcoin and will hold its position as part of a long-term strategy.

How is Bukele promoting bitcoin usage?

Bukele's administration has already introduced various initiatives to promote bitcoin usage, including the Chivo wallet, the deployment of bitcoin ATMs, and ambitious plans for a bitcoin city powered by geothermal energy from the country's volcanoes.