El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻

[Just Say]

He is an example why you need good people with such mentality as president or into politics to help your country's growth. It is beautiful because we're far more richer than El Salvador but we choose to borrow and borrow rather than invest in such a life time opportunity. Our government leaders are 1 hundred times backwards.
This consistent bitcoin stacking is good for the growth of bitcoin, no focus on the noise but constantly buying the dip daily. Now they own over $461M worth Bitcoin.

You are right that this country now has over $461 million worth of Bitcoin, but recently it appears the country's Bitcoin reserves are facing accountability under new pressure from the IMF. In fact, a small reserve carries great importance in principle because as of June 29, 2026, there is a market value of 1.2 trillion Bitcoin, even then it seems that this country has a limited number of Bitcoins in comparison, but we can see that the price of BTC has started to fall after the conflict over the Strait of Hormuz started again and at this time their strategy of buying one Bitcoin per day, also the IMF's terms and wallet accounting questions have put pressure on this country's Bitcoin reserves.

El Salvador’s Bitcoin reserve is back in the market spotlight because its public one-BTC-a-day narrative has resurfaced just as Bitcoin’s drawdown, IMF conditions, and wallet-accounting questions are pressing on the same policy. BitcoinTreasuries lists El Salvador’s government holdings at 7,696 BTC, worth about $460 million, as of Jun. 28. The figure keeps the country among the largest government-linked Bitcoin holders tracked by the site and gives the renewed debate over its one-Bitcoin-a-day strategy a concrete anchor.

[tvbcof]

An on-the-ground update from my friend:

'Operation Choke Point 2.0' was partially dropped with the exit of the Biden creeps, but nothing has stopped the banks from continuing on their attacks in more-or-less the same manner.  My friend reports that the channels which worked for a while closed up as 'banking partners' can no longer move money through SWIFT if they don't wish to.  Thankfully for him he pulled a million and got a house.  It's possible that this action got him targeted, but the nature of the USD-backed banking apparatus makes it a completely opaque black box.  Via AML/CFT, it's strictly illegal for anyone in the money service provider racket to say anything at all about issues involving the movement of money.

But since my friend lives happily and legally in El Salvador, there is inconvenient but currently workable a backup solution:

It's pretty easy to get around $3000/day out of the Chivo machines.  This can add up to sums normally associated with higher-end solutions like Bitfinex or OTC.  The catch is that you have to have _real_ Bitcoin.  They don't fuck around with stable-coins and other shitcoin.  Real on-chain BTC talks; the rest of the bullshit walks.  There is also no spread.  One coughs up $500 spot BTC equiv and pay's whatever the BTC network fees happen to be then walks away with twenty-five $20 bills.

The last $30k or so has been trouble-free.  No more being ripped off by the Chivo machines with incomplete guidance about how to get your money when it doesn't pop out of the slot.  My friend was at a Chivo machine today and it had some attendants.  They report that they still work for the government and they have heard no scuttle-but about a change of ownership.  They also report that the whole system has become much more stable over the past 6 months.

I suspect that the goal is to try to soak up what they can of the of the 21-mil BTC remain.  Dunno whether El Salvador is keeping it for their reserve, or handing it off to Larry Fink who (10 years to late) recognized the value of being the controller of the actual keys.  As for the wads of cash, the mainstream bank will (grudgingly) accept it if there are receipts from the Chivo machines.  Then he can use credit cards or cash fairly normally.

---

It took me a while to finally analyze the situations with banks and nations.  The brainless assumption is that, for instance, if Banco Foomerica is a Nicaraguan bank, they must be somewhat aligned with Nicaraguan principles.  Nothing could be farther from the truth, especially in Central America.  In fact most of these types of entities were started by one of the (admittedly gifted) offspring of the oligarch class.  Their main enemy would be the local pleb classes who they've been in a struggle with all of their lives and who've cost them a lot of money.  The pleb classes in neighboring countries are only slightly less despicable and dangerous.

This oligarch class, while masters of their domain in LATAM, still probably do often have an inferiority complex on the world stage.  When they get invited to the WEF in Davos they probably pee themselves in excitement.  They are especially smitten with modern methods of population control via surveillance so it seems.  It is a possibility, and maybe their only possibility, of maintaining and further growing their station in life.  There is quite a huge push to 'go cashless' and finally be able to get rid of the dangerous, unsightly, and expensive employees in their malls and department stores just like their new-found WEF friends promise.

[Zanab247]

He is an example why you need good people with such mentality as president or into politics to help your country's growth. It is beautiful because we're far more richer than El Salvador but we choose to borrow and borrow rather than invest in such a life time opportunity. Our government leaders are 1 hundred times backwards.
This consistent bitcoin stacking is good for the growth of bitcoin, no focus on the noise but constantly buying the dip daily. Now they own over $461M worth Bitcoin.

Especially what El Salvador government did to make BTC legal tender that is attracting both small and big countries to start investing in such country, because industries and other businesses is what is making countries to develop to eliminate bad economic. I believe many people know when to buy BTC to hodl for long years just that how to get the capital to buy BTC or start accumulating BTC is what is harding some people, because they know that accumulating BTC can make investors to increase financially in the future

You are right but someone need to save massive money before you can make your dream to come to reality by accumulating BTC both bull season and bear season..

[SPIDERMAN008]

He is an example why you need good people with such mentality as president or into politics to help your country's growth. It is beautiful because we're far more richer than El Salvador but we choose to borrow and borrow rather than invest in such a life time opportunity. Our government leaders are 1 hundred times backwards.
This consistent bitcoin stacking is good for the growth of bitcoin, no focus on the noise but constantly buying the dip daily. Now they own over $461M worth Bitcoin.

Especially what El Salvador government did to make BTC legal tender that is attracting both small and big countries to start investing in such country, because industries and other businesses is what is making countries to develop to eliminate bad economic. I believe many people know when to buy BTC to hodl for long years just that how to get the capital to buy BTC or start accumulating BTC is what is harding some people, because they know that accumulating BTC can make investors to increase financially in the future

You are right but someone need to save massive money before you can make your dream to come to reality by accumulating BTC both bull season and bear season..

Common people have many misconceptions about Bitcoin. That is why they are afraid to invest in Bitcoin and hold it for a long time. But when a country approves Bitcoin, at least the people of that country get the courage to invest in or hold Bitcoin. Even when the people of their country get the right knowledge about Bitcoin, they get the confidence to trust Bitcoin. And when so many people in the world are attracted to Bitcoin, its price has increased hundreds of times, so thinking about the future, El Salvador, which has approved Bitcoin in its own country, will bring development to its economy in the future. and will provide financial security to the people of its country in the future. If Bitcoin-based world-wide economic transactions start in the near future, then all the countries that have accepted Bitcoin, approved it and held it from the beginning will be ahead. Considering all these aspects, El Salvador made this decision with a lot of far front  future thinking, the results of which they will definitely get positively in the future.

[Dunamisx]

El Salvador has made the full print of Bitcoin success trail for their citizens and all individuals and corporations across the world that want to learn from them about their bitcoin adoption and the strategies they've been using that have given them the desired results, I'm also looking for one day opportunity to make it up to El Salvador and see all these for my self and be able to learn more regarding their Bitcoin adoption.

[HelliumZ]

To strengthen international diplomatic relations between El Salvador and Switzerland, an honorary consulate has been opened in Lugono, Switzerland, where international relations, commercial relations and diplomatic relations between the two countries will be discussed and developed on a regular basis. In addition to diplomatic and political discussions, discussions will also be held on science and technology, research and digital currency, and many other topics related to relations between distant countries.
 
Bitcoin News

[SPIDERMAN008]

El Salvador has made the full print of Bitcoin success trail for their citizens and all individuals and corporations across the world that want to learn from them about their bitcoin adoption and the strategies they've been using that have given them the desired results, I'm also looking for one day opportunity to make it up to El Salvador and see all these for my self and be able to learn more regarding their Bitcoin adoption.

Many Bitcoin enthusiasts have such thoughts. If they had the financial ability , they would visit all the Bitcoin friendly countries. I also think like this. And such a bold step behind such a volatile digital asset of El Salvador has really added a new dimension to the popularity of Bitcoin. And their country is quite popular for tourists. When tourists from many countries of the world go there , they will get a more accurate idea about Bitcoin. They will know all these things and will be motivated themselves.

[tvbcof]

Here is something to consider about El Salvador:

El Salvador formulated a certain tax and other policy positions toward people who hold BTC which seems (for now) to be quite beneficial toward them.  A certain number of people who's investments are quite heavy in BTC have toyed with El Salvador where it would not have been even on their radar were it not for their BTC related policies.

I know in my friend's case it has already contributed numbers in the 6 figure range to the nations coffers in taxes directly.  Although he intends to never 'settle' anywhere on a permanent basis, he has a footprint in the country and, on the current trajectory, will probably continue to make it a part of his family's life for the foreseeable future.

Here's the deal.  No thinking person of means is going shoot their entire wad in one place.  El Salvador may have benefited, say, $1B fairly directly due to their Bitcoin policy, but far more importantly, they have exposed themselves to very many times that amount in unopened bags.  The better they treat their 'guests', including things that only a nation-state can do, the more BTC will spill out of tiny holes in those bags.

Any country can do this type of welcoming (depending to a degree to how free of the likes of the IMF-class entities they may be and how under threat they are in their neighborhoods.)  Various countries are clearly looking at the possibilities.  El Salvador has a running start thanks, seemingly, to Bukele as an unusually visionary individual.  Hopefully El Salvador doesn't blow the running start they got.

[greysonz]

Exactly five years ago - September 7, 2021 El Salvador accepted bitcoin as legal tender. Thus making El Salvador the first in the world to officially recognize the crypto on a par with the American dollar. No other country has had such an experience before.
It is not a fact that the government of El Salvador fully understood exactly what it was doing, which is why such an adoption caused a lot of criticism.
At the moment, El Salvador has already accumulated about 7,764 BTC. Since June 2025, bitcoins have been received only through private donations. Further receipts are questionable. Among residents, the share of transfers in the crypt is less than 1 percent, due to the fear of volatility.
Now everything has come to a compromise: bitcoin is in the country's reserves, but there has been no real replacement for the dollar. But in any case, for the crypt, this broad gesture is an experience, an example of which will be useful in future decisions.

[ruykeri]

Exactly five years ago - September 7, 2021 El Salvador accepted bitcoin as legal tender. Thus making El Salvador the first in the world to officially recognize the crypto on a par with the American dollar. No other country has had such an experience before.
It is not a fact that the government of El Salvador fully understood exactly what it was doing, which is why such an adoption caused a lot of criticism.
At the moment, El Salvador has already accumulated about 7,764 BTC. Since June 2025, bitcoins have been received only through private donations. Further receipts are questionable. Among residents, the share of transfers in the crypt is less than 1 percent, due to the fear of volatility.
Now everything has come to a compromise: bitcoin is in the country's reserves, but there has been no real replacement for the dollar. But in any case, for the crypt, this broad gesture is an experience, an example of which will be useful in future decisions.

El Salvador's five-year Bitcoin adoption will be a positive aspect. No country could have imagined that bitcoin would be legalized in 2021. But they directly approved bitcoin. Initially, people might have thought about it in various negative ways, but with time, their decision has become a positive one for many. Since their decision, other countries have thought positively about bitcoin. The most important thing is that even after five years, Bitcoin has not disappeared from their national discussion. And the government has created various ways and opportunities for bitcoin adoption. If the acceptance of bitcoin continues to increase worldwide in the future, other countries may also approve bitcoin. At that time, El Salvador will be ahead in terms of bitcoin adoption. In the future, their decision to legalize bitcoin and the daily maintenance of it will put them in a good position in the global economy.

[MinoRaiola]

El Salvador's five-year Bitcoin adoption will be a positive aspect. No country could have imagined that bitcoin would be legalized in 2021. But they directly approved bitcoin. Initially, people might have thought about it in various negative ways, but with time, their decision has become a positive one for many. Since their decision, other countries have thought positively about bitcoin. The most important thing is that even after five years, Bitcoin has not disappeared from their national discussion. And the government has created various ways and opportunities for bitcoin adoption. If the acceptance of bitcoin continues to increase worldwide in the future, other countries may also approve bitcoin. At that time, El Salvador will be ahead in terms of bitcoin adoption. In the future, their decision to legalize bitcoin and the daily maintenance of it will put them in a good position in the global economy.

And they continue to fight against the IMFs requirement. In the past, they received a loan and had to agree to a condition, that El Salvador would no longer buy and promote Bitcoin so intensive. But Bukele remains true to his strategy and buys 1 Bitcoin every day... maybe even with the IMFs money So it continues, every day, and theres a lot of HODLing going on. In the future, the country celebrated for that strategie i think.

[Dunamisx]

Right from time, I already know that El-Salvador will not give up all because of IMF over their bitcoin investment strategy of decided to always and back on, it is very important that we know what we want and without hesitating to take option since we will still be more responsible over any decision taken as well as facing the consequence that may follows.

But after all this has been done, they are still standing strong without regretting any of their actions over Bitcoin adoption.

[MainIbem]

Right from time, I already know that El-Salvador will not give up all because of IMF over their bitcoin investment strategy of decided to always and back on, it is very important that we know what we want and without hesitating to take option since we will still be more responsible over any decision taken as well as facing the consequence that may follows.

But after all this has been done, they are still standing strong without regretting any of their actions over Bitcoin adoption.

"When tbe going gets tough, the tough gets going" that's what they've applied and it's working, if they had been discouraged by IMF,  they won't have a good amount of holding currently and would regretted it in the future, IMF stopped them from buying but they adapted to the frustration from IMF and used it to their advantage by channeling their energy towards owning it thorough donations and it's favoring them currently. El Salvador would serve as a prove to many developing country in future that Bitcoin adaption is the best thing they would've done earlier.

[Taskford]

El Salvador's five-year Bitcoin adoption will be a positive aspect. No country could have imagined that bitcoin would be legalized in 2021. But they directly approved bitcoin. Initially, people might have thought about it in various negative ways, but with time, their decision has become a positive one for many. Since their decision, other countries have thought positively about bitcoin. The most important thing is that even after five years, Bitcoin has not disappeared from their national discussion. And the government has created various ways and opportunities for bitcoin adoption. If the acceptance of bitcoin continues to increase worldwide in the future, other countries may also approve bitcoin. At that time, El Salvador will be ahead in terms of bitcoin adoption. In the future, their decision to legalize bitcoin and the daily maintenance of it will put them in a good position in the global economy.

And they continue to fight against the IMFs requirement. In the past, they received a loan and had to agree to a condition, that El Salvador would no longer buy and promote Bitcoin so intensive. But Bukele remains true to his strategy and buys 1 Bitcoin every day... maybe even with the IMFs money So it continues, every day, and theres a lot of HODLing going on. In the future, the country celebrated for that strategie i think.

Base in this article created on September 6 https://www.benzinga.com/crypto/cryptocurrency/26/09/61567187/el-salvador-one-bitcoin-a-day-nayib-bukele-crypto-bet-paid-off until now El Salvador manage to sustain their 1 Bitcoin purchase on daily basis.

Maybe this is the best action they could do for now. Knowing that IMF is strictly monitoring on transaction made by El Salvador, but its still nice to know that despite of many challenges in the market. Here they are continuously believe that Bitcoin is one of the best asset to invest.

[UchihaSarada]

Base in this article created on September 6 https://www.benzinga.com/crypto/cryptocurrency/26/09/61567187/el-salvador-one-bitcoin-a-day-nayib-bukele-crypto-bet-paid-off until now El Salvador manage to sustain their 1 Bitcoin purchase on daily basis.

Maybe this is the best action they could do for now. Knowing that IMF is strictly monitoring on transaction made by El Salvador, but its still nice to know that despite of many challenges in the market. Here they are continuously believe that Bitcoin is one of the best asset to invest.

The 1 bitcoin per day purchasing practice of El Salvador can be checked with a tracker from Arkham Intelligence. El Salvador did not update about their bitcoin purchases too often but Arkham has an on-chain tracker for community to easily checking it.

https://arkm.com/explorer/entity/el-salvador

[tvbcof]

El Salvador's five-year Bitcoin adoption will be a positive aspect. No country could have imagined that bitcoin would be legalized in 2021. But they directly approved bitcoin. Initially, people might have thought about it in various negative ways, but with time, their decision has become a positive one for many. Since their decision, other countries have thought positively about bitcoin. The most important thing is that even after five years, Bitcoin has not disappeared from their national discussion. And the government has created various ways and opportunities for bitcoin adoption. If the acceptance of bitcoin continues to increase worldwide in the future, other countries may also approve bitcoin. At that time, El Salvador will be ahead in terms of bitcoin adoption. In the future, their decision to legalize bitcoin and the daily maintenance of it will put them in a good position in the global economy.

And they continue to fight against the IMFs requirement. In the past, they received a loan and had to agree to a condition, that El Salvador would no longer buy and promote Bitcoin so intensive. But Bukele remains true to his strategy and buys 1 Bitcoin every day... maybe even with the IMFs money So it continues, every day, and theres a lot of HODLing going on. In the future, the country celebrated for that strategie i think.

Base in this article created on September 6 https://www.benzinga.com/crypto/cryptocurrency/26/09/61567187/el-salvador-one-bitcoin-a-day-nayib-bukele-crypto-bet-paid-off until now El Salvador manage to sustain their 1 Bitcoin purchase on daily basis.

Maybe this is the best action they could do for now. Knowing that IMF is strictly monitoring on transaction made by El Salvador, but its still nice to know that despite of many challenges in the market. Here they are continuously believe that Bitcoin is one of the best asset to invest.

1 BTC/day is, at current prices, covered by around 80 'visitors' to the Chivo ATMs per day taking the max daily limit.  Or about 26 families with three sim cards per family.

For some reason Chivo does not sell USD with any spread to cover costs so far as I can tell.  Maybe that is why, as far as I can tell, the government never found a buyer to take Chivo off their hands.

Chivo used to be a laughing stalk of unreliability a few years ago, but they suddenly it became rock solid.  I suppose that enough money was invested in a re-write and/or operations to make it so that El Salvador could comply with the IMF's demands that they divest of the asset.  But such an asset as a fully fledged ATM system must be hard to price

---

One thing I will say is that if there are gremlins in the USD-based monetary system such that a S.E. Asian cannot receive funds from very well established non-US exchange due to undefined 'banking partner' problems, a solution such as currently exists in El Salvador is a game changer.  It's a PITA to take cash to the bank to fund one's living expenses, but it's at least possible.

The only thing which is know for sure about the SWIFT(?) issues is that they are NOT associated with any criminal activity.  So yes, it is 100% true that at least one person has been de-banked in some ways, and there is no way to know why or for how long.  I do hope that as BRICS associated payment rails develop, they at least have the means of telling a user what the problem is.

In the mean time, it is more and more possible to pay for big-ticket items directly with BTC, and in El Salvador, it is increasingly common for vendors to accept BTC if it means the difference between a sale and no-sale.

[famososMuertos]

How things change; yesterday marked the five-year anniversary of a historic moment for Bitcoin—one that practically went unnoticed. Like it or not, when the history of Bitcoin is written, this unprecedented event from five years ago will be part of the record. I believe that, regardless of the outcome, its status as a historic event gives it unique value in the annals crypto of history.

There is much to say (both negative and positive) but perhaps the most notable aspect is the continued buying, specifically the “Bukele dip.” As an interesting side note regarding that five-year mark: on September 7th, 2021, bitcoin dropped 18%, prompting Bukele to purchase 150 BTC to round out his holdings.

Exactly five years ago - September 7, 2021 El Salvador accepted bitcoin as legal tender. Thus making El Salvador the first in the world to officially recognize the crypto on a par with the American dollar. No other country has had such an experience before.
It is not a fact that the government of El Salvador fully understood exactly what it was doing, which is why such an adoption caused a lot of criticism.
At the moment, El Salvador has already accumulated about 7,764 BTC. Since June 2025, bitcoins have been received only through private donations. Further receipts are questionable. Among residents, the share of transfers in the crypt is less than 1 percent, due to the fear of volatility.
Now everything has come to a compromise: bitcoin is in the country's reserves, but there has been no real replacement for the dollar. But in any case, for the crypt, this broad gesture is an experience, an example of which will be useful in future decisions.

You were the only post from September 7, 2026.

[Popkon6]

In its current position, El Salvador is leading the way in Bitcoin adoption, as other countries are moving towards Bitcoin investment after seeing El Salvador's Bitcoin investment. The only way to achieve quick success is to hold Bitcoin for a long time, and then you will definitely achieve more success.
Bitcoin increases in price in cycles, so it is easy to invest in it and if you follow the strategy, you will definitely achieve success. Because El Salvador has purchased Bitcoin at a daily rate, which has resulted in huge savings on their purchase price.

At that time, El Salvador will be ahead in terms of bitcoin adoption. In the future, their decision to legalize bitcoin and the daily maintenance of it will put them in a good position in the global economy.

I not only liked El Salvador's Bitcoin investment strategy, but I also liked their Bitcoin investment strategy because they are pushing their future generations towards Bitcoin. They have created an opportunity for everyone from young children to adults to receive Bitcoin education, which is even better for every nation in the world because it is enough to empower the future generations.