
El Salvador’s $1 billion Bitcoin bond called a “meme” by mainstream finance
The Bitcoin bond receives $500 million in verbal commits, but some express skepticism on whether the program can work.
Legal-tender progress, Bitcoin bonds, mining initiatives, and national adoption milestones.

The El Salvadoran president tweeted a bullish prediction on Bitcoin, stating that Bitcoin will eventually rise despite recent market fluctuations.

The International Monetary Fund stated that Bitcoin's status as legal tender is posing risk to the country's financial stability and system.

El Salvador has spent over $60 million on the purchase of over 1800 units of Bitcoin.

A poor run of form may put off other nation-states from joining El Salvador in legalizing Bitcoin as tender.

President Bukele of El Salvador has predicted that Bitcoin price would finally reach $100k and that the asset would enjoy more adoption.

The country's El Comissionado claims to have received 50 cases of missing Bitcoin from the Chivo wallet that was launched two months ago.



