ElSalvadorCrypto
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đ Breaking News: El Salvador Leads the Way! đžđ»
President Bukele has announced that El Salvador will self-finance its 2025 budget without taking on new debt, signaling a bold move toward financial independence. đȘ
The countryâs crypto-forward policies and Bitcoin-first strategies are paving the path to a new era of economic innovation. đđĄ With #Bitcoin at the core, El Salvador continues to prove that the future of finance is decentralized, empowering nations to take control of their fiscal destiny. đâĄ
đ #Binance supports this forward-thinking movement! What do you think of this revolutionary step? Comment below! đ
#ElSalvadorCrypto #bitcoinâïž #CryptoRevolution #BinanceTurns7 #Write2Earn!
President Bukele has announced that El Salvador will self-finance its 2025 budget without taking on new debt, signaling a bold move toward financial independence. đȘ
The countryâs crypto-forward policies and Bitcoin-first strategies are paving the path to a new era of economic innovation. đđĄ With #Bitcoin at the core, El Salvador continues to prove that the future of finance is decentralized, empowering nations to take control of their fiscal destiny. đâĄ
đ #Binance supports this forward-thinking movement! What do you think of this revolutionary step? Comment below! đ
#ElSalvadorCrypto #bitcoinâïž #CryptoRevolution #BinanceTurns7 #Write2Earn!
elSince 2021, the government of El Salvador has been mining approximately 15 Bitcoins (BTC) per month using energy from its volcanoes. According to official records, this initiative has yielded a total of 474 Bitcoins to date, valued at around $29.6 million at current prices.
El Salvador gained international attention in early 2021 when it revealed its strong commitment to Bitcoin. Under President Nayib Bukele, the country made Bitcoin legal tender in September 2021. As part of this strategy, the government harnessed geothermal energy from the Tecapa volcano to mine Bitcoin, leveraging the countryâs natural resources for a pollution-free energy source.
The Tecapa volcano generates 102 megawatts (MW) of power, with 1.5 MW dedicated to Bitcoin mining. This accounts for about 0.75% of the plant's total energy output, which is sufficient to run 300 Bitcoin mining processors.
Since adopting Bitcoin, El Salvador has accumulated 5,750 Bitcoins through purchases, in addition to the 474 Bitcoins mined, totaling roughly $354 million at current market prices.
Furthermore, El Salvador's government has supported the establishment of the Bitcoin Office and reported collaborations with various crypto mining groups, including Foundry USA, Antpool, ViaBTC, F2Pool, and Binance Pool. These groups have been actively participating in the country's geothermal-powered Bitcoin mining operations over the past three years.
Recently, El Salvador launched an official Bitcoin-focused website to provide real-time updates on the nationâs Bitcoin assets and activities.
#ElSalvadorCrypto #buythedip #MicroStrategy #BinanceLaunchpool
El Salvador gained international attention in early 2021 when it revealed its strong commitment to Bitcoin. Under President Nayib Bukele, the country made Bitcoin legal tender in September 2021. As part of this strategy, the government harnessed geothermal energy from the Tecapa volcano to mine Bitcoin, leveraging the countryâs natural resources for a pollution-free energy source.
The Tecapa volcano generates 102 megawatts (MW) of power, with 1.5 MW dedicated to Bitcoin mining. This accounts for about 0.75% of the plant's total energy output, which is sufficient to run 300 Bitcoin mining processors.
Since adopting Bitcoin, El Salvador has accumulated 5,750 Bitcoins through purchases, in addition to the 474 Bitcoins mined, totaling roughly $354 million at current market prices.
Furthermore, El Salvador's government has supported the establishment of the Bitcoin Office and reported collaborations with various crypto mining groups, including Foundry USA, Antpool, ViaBTC, F2Pool, and Binance Pool. These groups have been actively participating in the country's geothermal-powered Bitcoin mining operations over the past three years.
Recently, El Salvador launched an official Bitcoin-focused website to provide real-time updates on the nationâs Bitcoin assets and activities.
#ElSalvadorCrypto #buythedip #MicroStrategy #BinanceLaunchpool
EL SALVADOR UNVEILS $1.6B BOOST FOR BITCOIN CITY
El Salvador is set to receive a massive $1.6 billion investment from Turkish firm Yilport Holdings to enhance two key ports at Acajutla and La Union, home to the proposed #Bitcoin City.
This marks the largest private investment in the nationâs history.
President Nayib Bukele announced the initiative on đ, highlighting the modernization and economic impact for the region.
$BTC #ElSalvadors #ElSalvadorCrypto #CryptoMarketMoves #WBTCUnderScrutiny #MarketDownturn
El Salvador is set to receive a massive $1.6 billion investment from Turkish firm Yilport Holdings to enhance two key ports at Acajutla and La Union, home to the proposed #Bitcoin City.
This marks the largest private investment in the nationâs history.
President Nayib Bukele announced the initiative on đ, highlighting the modernization and economic impact for the region.
$BTC #ElSalvadors #ElSalvadorCrypto #CryptoMarketMoves #WBTCUnderScrutiny #MarketDownturn
El Salvador continues to advance its role in the cryptocurrency industry with several key developments. Recently, the country launched tokenized investment offerings on the Liquid Bitcoin sidechain, allowing global investors to participate in projects like a new hotel at El Salvador International Airport. This initiative, managed by the National Bitcoin Office, is part of the countryâs broader strategy to utilize blockchain technology for economic development.
Additionally, El Salvador introduced a Bitcoin treasury monitoring website, providing real-time data on its national Bitcoin holdings. As of now, the country holds 5,748 BTC, valued at approximately $360 million, with an unrealized profit of $57 million due to Bitcoin's recent price increase. This move aims to enhance transparency and reassure investors and citizens alike about the country's financial strategies involving Bitcoin.
Moreover, El Salvador is working with the International Monetary Fund (IMF) on economic reforms, although there are ongoing discussions regarding the risks associated with Bitcoin. Despite these concerns, El Salvador remains committed to integrating Bitcoin into its economy, highlighting its belief in the long-term potential of the cryptocurrency.
These efforts demonstrate El Salvador's continued commitment to being a leader in the global crypto industry, despite the challenges that come with pioneering such a bold financial strategy.
#BTC #CryptoMarketMoves #ElSalvadorCrypto $BTC $ETH
Additionally, El Salvador introduced a Bitcoin treasury monitoring website, providing real-time data on its national Bitcoin holdings. As of now, the country holds 5,748 BTC, valued at approximately $360 million, with an unrealized profit of $57 million due to Bitcoin's recent price increase. This move aims to enhance transparency and reassure investors and citizens alike about the country's financial strategies involving Bitcoin.
Moreover, El Salvador is working with the International Monetary Fund (IMF) on economic reforms, although there are ongoing discussions regarding the risks associated with Bitcoin. Despite these concerns, El Salvador remains committed to integrating Bitcoin into its economy, highlighting its belief in the long-term potential of the cryptocurrency.
These efforts demonstrate El Salvador's continued commitment to being a leader in the global crypto industry, despite the challenges that come with pioneering such a bold financial strategy.
#BTC #CryptoMarketMoves #ElSalvadorCrypto $BTC $ETH
đ Hot Off the Press:
El Salvador's got a brand-new trick up its sleeve! They've rolled out a fabulous website to keep tabs on their Bitcoin stash! đ©đŒ
đ Want the scoop on their crypto? This site's your golden ticket! đïžâš
đ©âđ» It's not just a website; it's a revolution in pixels, bringing a fresh wave of openness to the digital age. El Salvador is turning the page to a new chapter in financial history! đđ
đč For all you savvy investors and digital nomads, this is your crystal ball into El Salvador's economic adventures. It's user-friendly, emoji-packed, and bursting with Bitcoin buzz! đđ€
đ Tap that link, dive into the digital treasure trove, and be part of the movement that's reshaping the financial landscape! đ±ïžđ
#ElSalvadorCryptoWealth #elsalvador #ElSalvadorCrypto #Bitcoin
El Salvador's got a brand-new trick up its sleeve! They've rolled out a fabulous website to keep tabs on their Bitcoin stash! đ©đŒ
đ Want the scoop on their crypto? This site's your golden ticket! đïžâš
đ©âđ» It's not just a website; it's a revolution in pixels, bringing a fresh wave of openness to the digital age. El Salvador is turning the page to a new chapter in financial history! đđ
đč For all you savvy investors and digital nomads, this is your crystal ball into El Salvador's economic adventures. It's user-friendly, emoji-packed, and bursting with Bitcoin buzz! đđ€
đ Tap that link, dive into the digital treasure trove, and be part of the movement that's reshaping the financial landscape! đ±ïžđ
#ElSalvadorCryptoWealth #elsalvador #ElSalvadorCrypto #Bitcoin
El Salvador President Nayip Bukele Announced: $1.6 Billion Investment from Turkish Company in Bitcoin City!
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30, Donât miss this opportunity; join the pre-sale at the official website (PlayAiGames.Online)
El Salvador announced that Yılport Holdings will invest $1.6 billion to improve the infrastructure of two ports, including Bitcoin City.
El Salvador, which broke new ground by accepting Bitcoin as its official currency, announced the new investment they received.
Accordingly, El Salvador announced that Yılport Holdings will invest $1.6 billion in the country to improve the infrastructure of two ports, including Bitcoin City.
This investment by Turkish port operator Yılport Holding involves upgrading Acajutlaâs existing port facilities and building a new port in La UniĂłn, a city in eastern El Salvador that is planned to be the location of Bitcoin City.
Announcing this investment plan, El Salvador President Nayib Bukele pointed out that Yılport Holdings' $1.6 billion investment would be the largest private investment in El Salvador's history.
The investment will be carried out in phases and the first phase will start at the end of 2024.
El Salvador President Nayip Bukele announced plans to build a full-fledged Bitcoin city powered by geothermal energy in the country in late 2021.
Accordingly, in Bitcoin City, no taxes will be levied on transactions and profits, and it will be managed entirely with Bitcoin.
This city also plans to use geothermal energy to power Bitcoin mining.
#ElSalvadors #ElSalvadorCrypto #Bitcoin #CryptoMarketMoves #WBTCUnderScrutiny $BTC $ETH $SOL
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 & Exchange Listing Price $0.30, Donât miss this opportunity; join the pre-sale at the official website (PlayAiGames.Online)
El Salvador announced that Yılport Holdings will invest $1.6 billion to improve the infrastructure of two ports, including Bitcoin City.
El Salvador, which broke new ground by accepting Bitcoin as its official currency, announced the new investment they received.
Accordingly, El Salvador announced that Yılport Holdings will invest $1.6 billion in the country to improve the infrastructure of two ports, including Bitcoin City.
This investment by Turkish port operator Yılport Holding involves upgrading Acajutlaâs existing port facilities and building a new port in La UniĂłn, a city in eastern El Salvador that is planned to be the location of Bitcoin City.
Announcing this investment plan, El Salvador President Nayib Bukele pointed out that Yılport Holdings' $1.6 billion investment would be the largest private investment in El Salvador's history.
The investment will be carried out in phases and the first phase will start at the end of 2024.
El Salvador President Nayip Bukele announced plans to build a full-fledged Bitcoin city powered by geothermal energy in the country in late 2021.
Accordingly, in Bitcoin City, no taxes will be levied on transactions and profits, and it will be managed entirely with Bitcoin.
This city also plans to use geothermal energy to power Bitcoin mining.
#ElSalvadors #ElSalvadorCrypto #Bitcoin #CryptoMarketMoves #WBTCUnderScrutiny $BTC $ETH $SOL
