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Will El Salvador turn into the crypto model for other countries?

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4 mn read El Salvador became the first country in the world to establish Bitcoin as its legal currency this month. El Salvador’s millennial President Nayib Bukele said in a tweet that El Salvador recently bought 150 more coins, taking its total to 700. Bukele, who describes himself as ‘the coolest dictator in the entire world globally’ in his Twitter bio, added that the country will continue to “buy the dips” as the price of bitcoin fell to its lowest level since August.

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