萨尔瓦多 Bitcoin Stash Suffers $11 Million Drawdown

作者:ZyCrypto - 2 年前 - 阅读时间:2 分钟

萨尔瓦多 Bitcoin Stash Suffers $11 Million Drawdown

President Bukele Has Lost Over $11 Million Trading Bitcoin 萨尔瓦多

Bitcoin experiment by El Salvador President Nayib Bukele has purportedly put a big dent in the Central American nation’s pocket so far. This was revealed in a 彭博 报告 上周三。

Bukele Has Lost $11 Million Trading Bitcoin

El Salvador’s national embrace of bitcoin was easily the most transformational landmark moment for the crypto industry in 2021.

Based on Nayib Bukele’s constant announcements on Twitter that he purchased Bitcoin, the Salvadoran leader has scooped up approximately 1,391 BTC. According to Bloomberg’s calculations, these Bitcoin buys cost El Salvador a staggering $71 million at an average cost of $51,056 per coin.

If El Salvador is still holding all its bitcoin, the total cache is estimated to have a market value of $60 million at the moment. This simply means that Bukele has lost $11 million of the public money.

Notably, the procedure of buying Bitcoin in El Salvador is wrapped in a mystery. To date, no one knows who holds the country’s private keys. The only thing that’s clear is that Bukele trades Bitcoin for the country using only his phone。萨尔瓦多中美洲财政研究所经济学家里卡多·卡斯塔内达表示 彭博 that there’s currently no official information regarding the quantity of Bitcoin bought, the price paid, or even the exact amount held in the Treasury.

El Salvador’s Controversial Bitcoin 实验

El Salvador last year became the world’s very first — and so far only — country to make Bitcoin legal tender. Merchants and businesses in the country now have to accept the flagship cryptocurrency if they have the necessary technical means.

This decision to adopt BTC was met with a roar of praise from Bitcoin faithfuls but harshly criticized by the 国际货币基金组织 (国际货币基金组织), 世界银行, and other well-known legacy players who believe the move is pure folly. A group of Salvadorans has also taken to the streets to protest against the groundbreaking Bitcoin 法。

Despite the protests and controversy, the Bitcoin-loving president frequently announces crypto-related projects in the country. The most recent projects include the Bitcoin 债券 and building an entire city based on the largest cryptocurrency by market capitalization. The El Salvador government plans to build the Bitcoin City along the Gulf of Fonseca and it will be powered by geothermal energy, likely 来自“不活跃”的空查瓜火山.

原始来源: ZyCrypto