El Salvador's Bitcoin Strategy Faces Slow Adoption Despite Financial Gains

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

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.