El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC 'Becomes Unaffordable' With Fiat Currencies, Says President Bukele – Featured Bitcoin News
news.bitcoin.com
- El Salvador will continue buying 1 Bitcoin daily until it becomes unaffordable with fiat currencies
- President Bukele's statement highlights commitment to cryptocurrency adoption
- Move demonstrates belief in Bitcoin's long-term value and potential as a global currency alternative.
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Quadrupling down at this point, right? I feel like this will not end well for him.
He will be alright, the country not so much.
I have a hunch he is personally in charge of a large number of coins to guarantee his safety...or escape lol
Isn't current price of Bitcoin 71000usd?
Yes. It's absolutely insane, and this guy's history with it is doubly insane. Read up a bit and prepare to feel super duper sad for the people in that country.
Buy high, sell low
He started buying at 50k, continued at 20k and it's now 70k fyi
Oh, so buy, buy lower, buy higher? That's the strategy? I guess someone's gotta be on the bottom of the pyramid.