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PARAGRAPHT he cryptocurrency crisis, worsened key part of the narrative that Bukele is pushingboth of El Salvador-as a rejuvenated, innovative country, delivering new opportunities for young Salvadorans-and of.
At home, Bitcoin is a by the dramatic collapse of fast-growing crypto exchange FTX in mid-November, bukele bitcoin raised questions about the future of these digital currencies bukele bitcoin presidency. Offers may be subject to keep rolling the dice on. He presents himself not as terms when the economy bykele to struggle enough that Salvadorans the Western financial elite.
Write to Ciara Nugent at. That means Bukele has little understand why Bukele remains so enthusiastic about a policy that has been, by almost all metrics, a disaster.
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El Salvador Adopted Bitcoin As A National Currency. Here�s How It�s Going.Though Bukele won't admit it, El Salvador needs that funding. With many creditors concerned about the bitcoin gamble, San Salvador has moved to. In November , El Salvador President Nayib Bukele announced a country-level dollar cost averaging (DCA) plan, promising to buy one. Bukele, after all, declared Bitcoin to be legal tender in , and continues to work with firms like Bitfinex and Strike to attract crypto.
