Bukele's Bitcoin Gamble: El Salvador President Down $10M But Some Still Believe in Crypto Vision
• El Salvador's president Nayib Bukele bought over $126M in Bitcoin when prices were high in 2021, averaging $40,498 per BTC
• His Bitcoin investment is currently worth $116M, meaning he's down nearly 8%, or over $10M
• Bukele aimed to make El Salvador a tech hub and attract investment with the Bitcoin move
• El Salvador's murder rate has plunged under Bukele, but citizens remain skeptical of Bitcoin
• If Bitcoin prices rebound, Bukele's big bet could still pay off both financially and politically