Posted 2/1/2024, 5:37:18 PM
Bukele Expected to Continue Bitcoin Push If Reelected in El Salvador
- If Bukele wins reelection, El Salvador will continue embracing Bitcoin as legal tender and push forward with Bitcoin City plans
- Bukele made headlines in 2021 by making Bitcoin legal tender in El Salvador alongside the US dollar
- Polls show Bukele is expected to win reelection on Sunday
- If reelected, El Salvador will move ahead with building Bitcoin City, powered by a volcano and funded by Bitcoin bonds
- Despite Bitcoin's legal status, it has struggled to gain adoption for payments among Salvadorans, though businesses must accept it