Crypto NewsBitcoinNayib Bukele, President of El Salvador's Bitcoin Bull Nayib Bukele Speaks After...

Nayib Bukele, President of El Salvador’s Bitcoin Bull Nayib Bukele Speaks After the Big Rally: Reveals Profits and Whether to Sell

The President of El Salvador, who buys 1 Bitcoin every day and additionally sells citizenship with BTC, spoke about the latest rise.

Follow Bitcoin Sistemi Google News Button

El Salvador President Nayib Bukele, a well-known Bitcoin bull, spoke out after the recent rise in Bitcoin price. At the time of writing, BTC has surpassed $63,000 and is very close to its all-time high of $69,000.

“While the market price of Bitcoin was low, they wrote literally thousands of articles about our so-called losses,” Bukele said in a statement, adding:

“Now the market price of Bitcoin has risen so much, if we were to sell it, we would make a profit of over 40% (from market purchases alone) and our main source of BTC is now our citizenship program.”

Despite the significant profit potential, Bukele made it clear that El Salvador has no intention of selling its Bitcoin holdings. “Of course we won't sell; after all, 1 BTC = 1 BTC (this was true when the market price was low, and it is true now),” he said.

Related News  BREAKING: Binance US Decided to Delist Two Altcoins!

Bukele also took the opportunity to criticize the silence of those who had previously written negatively about El Salvador's adoption of Bitcoin. “It is very significant that the authors of these critical articles, “analysts”, “experts”, “journalists” are completely silent right now,” he said.

He concluded his statement with a reminder: “Remember this next time they lie about El Salvador again.”

*This is not investment advice.

Buradaki Yorumlardan Bildirim Al

Inline Feedbacks
View all comments

Popular Posts of the Week