El Salvador president addresses bear market concerns with Bitcoin hopium - Cointelegraph
6/19/2022 12:00:00 AM2 years 10 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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