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President Nayib Bukele acknowledges the limited domestic uptake but highlights economic benefits and future potential.

Overview

  • El Salvador's initial $135 million Bitcoin investment has grown to over $400 million.
  • Less than 12% of the population has engaged in Bitcoin transactions since its adoption as legal tender in 2021.
  • The initiative has improved the country's branding, increased investments, and boosted tourism.
  • Bukele remains optimistic but admits the strategy could have been more effective.
  • Future plans include a geothermal-powered Bitcoin City and continued daily Bitcoin purchases.