Bitcoin has become a world phenomenon after President Trump’s victory at the polls and the possibility of a strategic bitcoin reserve being created in the future. In this context, the personal cryptocurrency advisor of President Nayib Bukele and bitcoin permabull Max Keiser, has presented an idea to give the country more muscle to continue purchasing bitcoin in bulk.
On social media, Keiser asked if El Salvador should follow Microstrategy’s bitcoin scheme, allowing the country to issue debt to purchase more bitcoin without using its own money.
Keiser asked:
Should El Salvador — once they sign the Bitcoin Bank already passed by Congress — issue a similar security to buy more bitcoin collateralized by the country’s $600M stack of BTC?
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The rise of Donald Trump as the newly elected president of the U.S. has allowed like-minded leaders to step closer to the country in anticipation of a Trump administration. President Javier Milei recently traveled to Trump’s club at Mar-a-Lago, becoming the first leader to meet with the president after his victory at the polls.
AP reports that Milei met Trump at the club before the America First Policy Institute gala, which defines itself as an institution that advances policies “that put the American people first.” While the meeting was private, an anonymous source confirmed that it took place and that Milei also met with investors.
Then, at the gala, Milei praised Trump’s victory and its meaning for the U.S. and the world.
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World, the proof of personhood project formerly known as Worldcoin, is enjoying a popularity surge in Argentina, where citizens see its offering as compelling. According to the organization, out of more than 7 million users registered, over 2.2 million are Argentine citizens who are enticed to register their personal biometric information by the bounty delivered in WLD, the project’s official token.
However, the popularity of the project has not been free from criticism, and World has faced increased oversight from regulators in Buenos Aires, which ruled against the institution after a probe that resulted in a fine of $200,000 due to several National Consumer Defense Law violations.
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