Bitcoin

when

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:
<blockquote>
 “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.”
</blockquote>
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: <a href="https://en.bitcoinsistemi.com/breaking-binance-us-decided-to-delist-two-altcoins/" target="_blank" rel="noopener noreferrer nofollow">BREAKING: Binance US Decided to Delist Two Altcoins!</a>
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.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/nayib-bukele-president-of-el-salvadors-bitcoin-bull-nayib-bukele-speaks-after-the-big-rally-reveals-profits-and-whether-to-sell/" rel="noopener noreferrer nofollow">Nayib Bukele, President of El Salvador’s Bitcoin Bull Nayib Bukele Speaks After the Big Rally: Reveals Profits and Whether to Sell</a>

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

Bitcoin Sistemi EN

Other articles published on Feb 28, 2024

These Crypto Companies Are Operating Without a License in Spain

Uniswap (UNI) hits $10 post governance announcement, as Pushd (PUSHD) secures more Ethereum (ETH)...

Hey Wallet to Enable Solana NFT Transfers via X Posts

Cardano (ADA) Price Poised for a Breakthrough, Predicts Crypto Advocate

DWF Labs Initiates Cutting-Edge Blockchain Trading Platform for Cryptocurrency Accessibility

Baby Doge Coin (BabyDoge) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Join our free newsletter for daily crypto updates!