A Trendy Tribute to Bitcoin’s Scarcity
El Salvador is on a Bitcoin buying spree, and it’s almost like this little country is trying to outdo the entire crypto world with its enthusiasm. President Nayib Bukele recently announced a purchase of 21 BTC – worth roughly $1,036,000 – to celebrate what he calls the “last 21st day of the year 21 of the 21st century.” Talk about a flair for the dramatic!
Mathematical Marvels and Geographical Coincidences
In Bukele’s world, numbers are everything. His announcement didn’t just stop at the BTC buy—he also pointed out that El Salvador’s total land area is approximately 21,041 square kilometers. Coincidence? Hardly! Bukele claims it’s all part of the grand design, especially with the country being the first in the globe to adopt Bitcoin as legal tender. Someone get this man a math textbook!
How Many BTCs Did El Salvador Buy Again?
The answer is quite astonishing. To date, this pint-sized nation has amassed a whopping 1,220 BTC since its Bitcoin journey began on September 7. After starting with a hefty purchase of 200 BTC back when Bitcoin was still on that roller-coaster ride, the government didn’t slow down. Instead, it bought 100 BTC on Black Friday when the market was more festive than ever, trading at around $54,000 per BTC.
El Salvador’s Playful Purchase Patterns
Buying Bitcoin for the sake of marking an occasion seems to be the new celebration ritual for the Salvadoran government. They’ve combined cryptocurrency shopping with marketing flair, recently making headlines by buying 420 BTC—a cheeky nod to cannabis culture—right in the same month a well-known crypto exchange raised $420 million. Apparently, the internet sure knows how to make everything a joke!
Conclusion: A Countdown to Scarcity
As El Salvador continues to march to the beat of its own digital drum, one must wonder what other milestones or anniversaries will trigger their next significant purchase. The numbers, the celebrations, and the crypto—this dance is just getting started!
