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via Bitcoin Magazine · By Bitcoin Magazine Editorial
Five Years On, El Salvador Is Still Buying Bitcoin
BTC
BTC/USDT
$63,074.28
-0.08%
$63,074.28
-0.08%
(24s)24h Volume
$2,492,922,189.67
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate
+0.0026%
Longs pay
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BM
Bitcoin Magazine Editorial(03:32 PM UTC)
1 min read
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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