The Bitcoin Contagion ? Given that El Salvador and its president, Nayib Bukelewe vote Bitcoin (BTC) as a national currencythe economy of the small Central American nation received a major boost. Faced with this success and memes fun and well located, neighboring countries Guatemala is now also addressing the issue of Bitcoin.
- El Salvador has boosted its economy by adopting Bitcoin as its national currency, attracting worldwide attention.
- Guatemala is seriously considering going down the same path as El Salvador, swayed by a viral meme and popular pressure.
El Salvador’s impressive success with Bitcoin has not gone unnoticed
THE El Salvador he has come a long way now bitcoinsince September 7, 2021, the day he became the king of cryptocurrencies legal tender in the country, especially thanks to the leadership of its president Nayib Bukele.
And bitcoin recently crossed the threshold 100,000 dollarsthe success of the Central American nation is even more apparent. To the extent that even the richest man on the planet, Elon Muskhe said to himself “impressed” with the performance of BTC’s Salvadoran strategy.
Is Guatemala going to follow El Salvador’s lead by making BTC easier to access?
With total 5,955 Bitcoins in the treasury of the Salvadoran Ministry of Finance on December 6, 2024, the country is at the head of a nice crypto-wealth 588 million dollarsIN BTC price at the time of writing these lines.
According to Bitcoin Magazine, this success El Salvador with BTC and even funny below therefore he did Guatemala. According to journalist Frank Corva, one of his Guatemalan colleagues explained to him that this meme— posted by X’s official account National Bitcoin Authority (ONBTC) of El Salvador – East went viral in a neighboring nation.
The meme suggests, jokingly of course, that Bitcoin investment from El Salvador they are doing so wellthat Nayib Bukele could outright buy back guatemala. So, under popular pressure from Guatemalan pro-cryptos, excited about the meme, “des senior government officials and central bank Guatemala would start do research on bitcoin.
Still, according to a journalist from Bitcoin Magazine, who quotes his local colleague on the spot, the Guatemalan authorities could authorize and give instructions “banks and other institutions who would want to hold bitcoins » in their reserves. It must be said that the current fashion does build a strategic stockpile of BTC.