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Comment by dale_glass

3.7M is basically nothing for a country. El Salvador's GDP is $74 billion, so this is 0.005% of it.

And this gain does nothing unless the BTC is sold, and the proceeds benefit El Salvador in some way. This also assumes that amount of BTC can be sold. They need to find an entity that will send them ~$120M for their BTC, and better hope that this won't crash the market.

parent dale_glass 2 years ago

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