Countries like El Salvador, which boldly embraced Bitcoin as legal tender in 2021, are among those celebrating substantial returns on their investment.Just two weeks ago, amidst Bitcoin’s price hovering around $60,000, President Bukele unequivocally stated that the country had no plans to sell its Bitcoin holdings.This highlighted that the nation’s profit margin has soared even higher, reaching an impressive 62%.
With his tweet, Bukele outlined that converting the treasury’s substantial holdings to fiat currency would translate to over $204.4 million at the current market valuation.on the Web3 Deep Dive channel, offered insights into Bitcoin, crypto politics, and El Salvador’s burgeoning relationship with the cryptocurrency.“El Salvador will probably be the most attractive country in the world, gone from the poorest most crime-ridden country to maybe one of the richest most.
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