Mining with Cooking Oil & Shift from Gold to Bitcoin
Bukele’s Victory Paves Bitcoin’s Path in El Salvador
| Bukele’s Re-Election: President Nayib Bukele of El Salvador wins re-election with over 85% of votes. He is best known for his efforts in making El Salvador the first country to adopt Bitcoin as legal tender. His leadership has significantly impacted Bitcoin adoption and investment within the country and blazed the trail for other countries to follow suit. |
| Bitcoin Adoption in El Salvador: Under Bukele’s first term, El Salvador introduced the Chivo wallet and began investing in Bitcoin, drawing international attention. Despite IMF criticism, Bukele’s initiatives continue to be celebrated by Bitcoin enthusiasts. |
| Volcano Bonds Launch: El Salvador plans to issue Bitcoin-backed “Volcano bonds” to fund a renewable energy-powered Bitcoin mining industry. This move follows Bukele’s commitment to Bitcoin and renewable energy, aiming to further integrate Bitcoin into the nation’s economy. |
