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What will be El Salvador's stance on Bitcoin as legal tender by end of 2025?
4
Resolution / Starting Odds
Strengthen support • 25%
Maintain current stance • 25%
Reduce support • 25%
Revoke Bitcoin as legal tender • 25%
Legislation records and official government statements
Story
El Salvador Launches Site to Track $360M Bitcoin Treasury, Buys 1 BTC Daily
May 13, 2024, 06:30 AM
El Salvador has launched a new website that allows public access to its national Bitcoin treasury, which currently holds 5,748.76 Bitcoins valued at approximately $360 million. The website is part of the country's efforts to enhance transparency and accountability in its Bitcoin investments. This initiative aligns with the government's policy of purchasing one Bitcoin daily. The National Bitcoin Office, led by President Nayib Bukele, oversees this operation, which is also tracked through a dedicated mempool space.
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Similar markets
Increase daily purchases • 33%
Maintain current purchase rate • 34%
Decrease daily purchases • 33%
Favorable • 33%
Unfavorable • 33%
Indifferent • 34%
Yes • 50%
No • 50%
Full adoption as legal tender • 33%
Limited use in specific sectors • 33%
No adoption • 34%
Formal agreement signed • 33%
Informal cooperation without agreement • 34%
Talks conclude without cooperation • 33%
Full adoption as legal tender • 33%
Partial adoption for certain transactions • 34%
No adoption • 33%