🚀 El Salvador's GDP could skyrocket 10-fold in the next 5 years, thanks to its Bitcoin and AI adoption plan, says ARK Invest CEO Cathie Wood. This could see the country's GDP reach a whopping $300 billion by 2029, putting it on par with Romania, Czech Republic, and Chile! 😲

Since President Bukele's first term, El Salvador has made Bitcoin legal tender, eliminated tech-related taxes, and removed income tax for foreign investments. Even Google has expanded into the country with a cool $500 million strategic partnership.

However, Bitcoin adoption among locals has been a bit of a rollercoaster ride, with only 12% using it for goods and services in 2023. But hey, with Bitcoin's price on the up and big names like Walmart, Starbucks, and Dominos leading the merchant adoption, things are looking up! 💪

What do you think? Is El Salvador's Bitcoin bet going to pay off? Share your thoughts below! 👇