They now HODL 400 Bitcoins. And they will be buying more. Celebrating this day as #BitcoinDay on Twitter.
Everyone's going to watch El Salvador today and for many months to come. I am looking forward to seeing how they upgrade their infra and support Bitcoin transactions all over the country.
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It will be interesting to see what happens if and when the price doubles to $100k over the next few months. Or tanks back down to $20k....
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Haha. Ofcourse I don't want it to tank but yes, it would be really interesting both ways. 😂 Roller Coaster Ride.
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They need that BTC for the USD 30 airdrop everyone in El Salvador is supposed to receive. Once that's covered, who knows about the rest.
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Yea, I think the government will hold some of the BTC they bought.
I read that they said they would be buying more
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After 10 years, countries that will hold more BTC they will be doing their own space missions without any external help. LOL! 😍🚀
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Hehehe that could be the case indeed
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I think this scheme is limited! 😂 So hurry up.
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If this experiment in El Salvador fails, it's back to plain old USD. Still, lessons learned from the failure can be used by other nations as they make their own experiments with cryptocurrencies.
If this experiment succeeds, then we will be witnessing an epic transformation of commerce and finance. It may even reach the point where Americans immigrate to El Salvador in large numbers.
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Last I heard, El Salvador had purchased 400 BTC. I don't know if that will be it or if more will be bought by the government there.
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Yea, I heard that's what the had before the deadline but I also heard they would continue to buy so who knows how much they will end up with
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There's no limit to the BTC which needs to be purchased, only a minimum.
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