El Salvador president addresses bear market concerns with Bitcoin hopium - Cointelegraph
6/19/2022 12:00:00 AM3 years 8 months ago
by Arijit Sarkar
by Arijit Sarkar
The advice received mixed reactions from the community as many pointed out that El Salvador procured most of its BTC at a much higher price than the current market value.
El Salvador introduced BTC as legal tender on September 7, 2021, when its market price was around $50,000. Ever since, Bukeles government made significant returns on their initial BTC investments as … [+2322 chars]
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