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Tag: Nayib Bukele

Salvadoran Ecologist Claims Nayib Bukele’s Volcano-Powered Bitcoin Mine Will ‘End in Environmental Disaster’

December 6, 2021 wp-bot Bitcoin News

El Salvador’s leading ecologist Ricardo Navarro believes that mining bitcoin with a volcano, or geothermal energy, will “end in environmental disaster.” Navarro believes geothermal energy

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El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin

December 6, 2021 wp-bot Bitcoin News

The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value

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Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury

December 4, 2021 wp-bot Bitcoin News

As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With

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El Salvador celebrates Black Friday, buys 100 BTC for 20% off

November 26, 2021 wp-bot Cointelegraph

With the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset’s drop to the $54,000s.

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El Salvador to Issue $1 Billion Bitcoin Bond to Fund ‘Bitcoin City’

November 21, 2021 wp-bot Bitcoin News

President Nayib Bukele, of El Salvador, announced yesterday he would issue a $1 billion “Bitcoin Bond” to build the first Bitcoin City in the world.

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There Are More People Using Bitcoin Wallets Than Bank Accounts, Says El Salvador President

November 16, 2021 wp-bot News BTC

El Salvador had made history when it became the first sovereign nation to make bitcoin a legal tender. The September 7 official adoption had sent

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