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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Five Years On, El Salvador Is Still Buying Bitcoin

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Price$64,393.99
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BM
Bitcoin Magazine Editorial
(03:32 PM UTC)
1 min read
DK
Updated byDavid Kim
676 views
0 comments

Five years ago yesterday, El Salvador’s Congress voted 62-to-22 to pass the world’s first Bitcoin Law, making the small Central American nation the first country on earth to grant bitcoin legal tender status. 

The date was June 8, 2021. Half a decade later, the government holds 7,677 BTC worth approximately $480 million — and it is still accumulating.

The country has run a dollar-cost…

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Bitcoin Magazine Editorial · Bitcoin Magazine

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