El Salvador Buys The Dip (Again)

Published by
The Street

By Veronika Bondarenko The country became the first in the World to adopt it as legal tender in September 2021. There is no country with a leadership quite as hung up on cryptocurrency as El Salvador. The central American nation was the first in the World to adopt bitcoin as legal tender and bought 150 bitcoin during a dip in September 2021. Its president, 40-year-old Nayib Bukele, has been a very vocal proponent of the cryptocurrency, He constantly extols its virtues as a way of bringing the country forward despite rising evidence that it only exacerbated corruption. El Salvador Can’t Stop Bu…

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