Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.
El Salvador is celebrating its Bitcoin anniversary, marking three years since the country adopted Bitcoin as legal tender.
El Salvador became the world’s first country to adopt Bitcoin (BTC) as legal tender three years ago, on Sept. 7, 2021. The country aims to promote financial inclusion, facilitate more efficient remittance payments, and attract financial innovation.
President Bukele’s decision to adopt Bitcoin made the country a historical digital asset pioneer, according to Alex Momot, founder and CEO of Peanut Trade crypto trading platform.
