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El Salvador marks 3 years of Bitcoin adoption with M profit

El Salvador marks 3 years of Bitcoin adoption with $31M profit

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Source: Coin Telegraph

Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.

Update Sept. 7, 12.48 pm UTC: This article has been updated to include quotes from Harshit Gangwar.

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, to promote financial inclusion, facilitate more efficient remittance payments and attract financial innovation.

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Author: Zoltan Vardai