Loading...
El Salvador's government holds a large amount of Bitcoin as part of its strategy to adopt Bitcoin as legal tender. This initiative began in September 2021. The government's Bitcoin holdings were claimed to be acquired through direct purchases and are said to be intended to be used for various economic purposes, including funding infrastructure projects and social programs. The administration has positioned Bitcoin as a means to enhance financial inclusion and attract foreign investment. There is no proof though that the bitcoins were really bought (and not acquired in other ways).
El Salvador's government holds a large amount of Bitcoin as part of its strategy to adopt Bitcoin as legal tender. This initiative began in September 2021. The government's Bitcoin holdings were claimed to be acquired through direct purchases and are said to be intended to be used for various economic purposes, including funding infrastructure projects and social programs. The administration has positioned Bitcoin as a means to enhance financial inclusion and attract foreign investment. There is no proof though that the bitcoins were really bought (and not acquired in other ways).
