As bitcoin (BTC) prices fell below the USD 60,000 mark, the El Salvadoran President Nayib Bukele has doubled down on his bitcoin adoption drive by snapping up BTC 420 (USD 25m).
In a series of tweets, Bukele stated that his government had decided to “buy the dip,” and was “already making a profit [on] the bitcoin” it had bought just hours ago.
When challenged to explain just how this could be possible if the government was keeping, rather than selling its BTC, the self-styled “Emperor” sought to
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