El Salvador has been buying one bitcoin a day since 2022, and will continue until bitcoin "becomes unaffordable with fiat currencies."
  • El Salvador will continue buying 1 Bitcoin daily until it becomes unaffordable with fiat currencies
  • President Bukele’s statement highlights commitment to cryptocurrency adoption
  • Move demonstrates belief in Bitcoin’s long-term value and potential as a global currency alternative.
  • deegeese@sopuli.xyzEnglish
    51·
    8 months ago

    It has zero purpose as currency support, but makes great sense for money laundering. Whose wallet do you think those bitcoins will end up in?