El Salvador’s President Announces Country Will Buy One Bitcoin Every Day, Calls FTX the ‘Opposite’ of BTC

El Salvador President Nayib Bukele is still purchasing Bitcoin (BTC) in spite of ta crypto winter season that’s seen the king crypto plunge by over 75% from all-time highs.

On Twitter, Bukele just recently made the announcement that his nation will start acquiring one BTC every day.

“We are purchasing one Bitcoin every day beginning tomorrow.”

Following the statement, Tron creator Justin Sun likewise pledged to purchase Bitcoin daily.

“We echo Nayib Bukele’s effort in purchasing Bitcoin daily. We will likewise purchase one Bitcoin every day beginning tomorrow!”

El Salvador made Bitcoin a legal tender in 2015 and has actually considering that been acquiring the flagship cryptocurrency for its treasury. In March, Bukele knocked the United States federal government after legislators submitted an expense that intends to take a look at the dangers of the Central American country’s adoption of Bitcoin.

“Never ever in my wildest dreams would I have actually believed that the United States Federal government would hesitate of what we are doing here.”

Bukele likewise states that the embattled crypto exchange FTX is the reverse of Bitcoin, a remark cheered by Binance CEO Changpeng Zhao.

“FTX is the reverse of Bitcoin.

Bitcoin’s procedure was developed specifically to avoid Ponzi plans, bank runs, Enron’s, WorldCom’s, Bernie Madoff’s, Sam Bankman-Fried’s bailouts and wealth reassignments. Some comprehend it, some not yet. We’re still early.”

Sometimes of composing, Bitcoin is altering hands for $16,718.

Included Image: Shutterstock/Editorial And Ilustration/Sensvector