El Salvador adopted BTC as legal tender on September 7, 2021, as a means of coping with catastrophic inflation as the country's purchasing power weakens. To date, in just four months, the country has strategically accumulated 1801 BTC. Buying is especially relevant now, when the cost of the main cryptocurrency continues to decline.
The country is trying to make the most out of today's market situation, and its latest purchase is currently the cheapest purchase since El Salvador adopted BTC as legal tender. Bukele believes that “some guys are selling really cheap,” showing that he has a long-term vision for the cryptocurrency.
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