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El Salvador shocked the world in 2021 by becoming the first country to adopt Bitcoin as legal tender. Today, we dig into whether the world’s boldest national Bitcoin experiment is actually working — or whether the global headlines have missed the real story.
We break down why President Nayib Bukele pushed this through, how the Bitcoin Law changed everyday life, what’s happened with adoption, how much the country holds, the role of volcano-powered mining, and what analysts think about the long-term sustainability of this strategy.
We look at IMF pressure, bond market reactions, tourism data, domestic usage, and whether El Salvador’s strategy of “buying the dip” has paid off. And with Bitcoin hitting new cycles, we explore what might come next for the country’s finances, economy, and global influence.
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