El Salvador’s president Nayib Bukele clapped back at critics, saying El Salvador would not sell its Bitcoin holdings despite being up over 40% from its purchases.
Bukele said as much in a post on X, citing a classic argument of Bitcoin supporters that “1 BTC = 1 BTC,” regardless of its dollar valuation. This refers to Bitcoin’s finite supply and its properties as “hard money.”
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#elsalvador🇸🇻 #nayibbukele