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El salvador’s Bitcoin investment pays off despite risks

Impressive 122% return: President Nayib Bukele reported a significant boost in El Salvador’s economy, highlighting the 122% return on Bitcoin investment. The country bought 6,180 BTC at an average of 44,739.88 USD each, reaching a value above 100,000 USD now.

Bitcoin boosts tourism: El Salvador has become a hotspot for tourism, driven by growing global interest in Bitcoin. The government’s decision to adopt Bitcoin as legal tender attracted digital nomads, bolstering the tourism sector and demonstrating economic potential despite IMF warnings.

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