El Salvador president poked by Steve Hanke for gambling in Bitcoin
El Salvador is under pressure as a result of Bitcoin‘s price drop over the last couple of days. For the past few months, El Salvador ‘s dollar-denominated bonds have been on a free slide. Nayib Bukele, the country’s president, seeks to improve the country’s economic realities by issuing Bitcoin-denominated bonds. President Bukele‘s prolonged association with […]
Just-in: El Salvador Buys the Dip Again as Bitcoin Price approaches $50K
El Salvador’s President, Nayib Bukele, announced a new Bitcoin purchase on his Twitter page on Wednesday 22nd December. The government has purchased another 21 bitcoins , which are currently valued at around $1 million. President Nayib Bukele said in late November that he had purchased $5.4 million in Bitcoin. El Salvador became Bitcoin legal money […]
Justin Sun: “I just bought a bitcoin dip,” on “equal” with the President of El Salvador
When the market crashed in December, Justin Sun, the founder of Tron, said he bought the 150 bitcoin dip. The move was designed to “balance out” El Salvador’s President Nayib Bukele’s previous transaction. Trons Justin Sun buys 150 bitcoin dip When the market crashed in December, Justin Sun, the founder of Tron, said he bought […]