News about El Salvador

More / Bitcoin Reddit - 3 years ago

Is El Salvador becoming a citadel?

El Salvador: + offers residency for people who own three bitcoin -- to attract bitcoiners + mines bitcoin with clean energy -- to secure the network + provides government conversion of hard money to fiat -- to secure the supply what else will a citad...

by COINS NEWS - 3 years ago

El Salvador’s gain on the dip is $8.6M, bringing the total value to $43M. This is equivalent to 51.8% of the country’s gold reserve, 7.4% of the total remittance or 1.3% of total reserve. The dip alone is worth $1.25 per capita, almost the same as an hour

To date, the country has bought Bitcoins several times: On 07-Sep-2021: 400 BTC for $21M On 08-Sep-2021: 150 BTC for $7M On 20-Sep-2021: 150 BTC for $6.4M Total so far: 700 BTC for $34.4M At the current price of $61,389; these 700 BTC is now worth $4...