El Salvador, In September 2021, he signed a first in the world by accepting Bitcoin as a legal currency.
Bitcoin (BTC) much-talked about Nayib Bukele, President of El Salvador It was subjected to a lot of criticism on the international platform.
However BTC Standing behind his decision, Bukele continued to support Bitcoin with great determination and buy BTC on behalf of his country.
Bukele said he plans to run for president again in 2024, despite the criticism that the country’s constitution prohibits candidates from serving two consecutive terms on El Salvador’s independence day.
Although the country’s constitution forbids consecutive re-election of presidential candidates, the country’s top court ruled in September 2021 that presidents can serve two consecutive terms.
The US government harshly criticized the decision, saying that the court’s decision undermines democracy.
Bukele, 41, stated in his statement that he expects criticism from other countries regarding his decision to be a candidate.
“It is certain that more than one developed country will not agree with this decision. But they are not the ones to decide. The people of El Salvador will decide that.”
Bouquet bitcoinAlthough it continues to support BTC It has fallen sharply since its $69,000 ATH last November.
El Salvador during these falls bitcoin continued to take. However, BTC continued its downward trend and suffered a great loss from the Bitcoins received by the country.
It is known that the damage suffered by the country’s Bitcoins is over $ 50 million.
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