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Author Topic: El Salvador Nayib Bukele Portfolio Tracker  (Read 286 times)
Faisal2202
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November 19, 2023, 11:57:21 AM
 #21

When it comes to this, I am very curious about how much American Bitcoin has been obtained from illegal activities or from legal methods that they have purchased so far. We know of many big cases that resulted in Bitcoin being confiscated by the American government. They even auctioned off the Bitcoins, right?
They have obtained a lot, I have talked on this topic a few times before, and I think I know their way, first, they allow a new or old reputed company (crypto-related) to set up their business in the US maybe help them with the loan, then when they launch their product (token) they, of course, have a lot of BTC like the in my following post and then they seize them.
Totally agreed with your point, But let me ask you something, every crypto related project like take an example of Silk Road in which Government of US has seized 69,370 BTC and another example 94,640 BTC were seized from Bitfinex. (source).
They are seizing that much BTC and El-Salvador only has 3,110 BTC. I mean it looks like a joke that a country that adopted BTC as a legal tender has only a slice of BTC not even a slice atom of it while the USA who don't even accept BTC as a legal tender and manipulated the market in a way that no one would have predicted, have that much BTC just by seizing them from platforms.

Just like they don't have oil reserves in their lands but acquired a great amount of oil I need not mention how they accumulated that much-reserved oil even though they do have not that much natural oil, no doubt import and export a way but what about countries which they invaded by the name of democracy and etc.

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lombok
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November 19, 2023, 12:52:25 PM
 #22

When it comes to this, I am very curious about how much American Bitcoin has been obtained from illegal activities or from legal methods that they have purchased so far. We know of many big cases that resulted in Bitcoin being confiscated by the American government. They even auctioned off the Bitcoins, right?
They have obtained a lot, I have talked on this topic a few times before, and I think I know their way, first, they allow a new or old reputed company (crypto-related) to set up their business in the US maybe help them with the loan, then when they launch their product (token) they, of course, have a lot of BTC like the in my following post and then they seize them.
Totally agreed with your point, But let me ask you something, every crypto related project like take an example of Silk Road in which Government of US has seized 69,370 BTC and another example 94,640 BTC were seized from Bitfinex. (source).
They are seizing that much BTC and El-Salvador only has 3,110 BTC. I mean it looks like a joke that a country that adopted BTC as a legal tender has only a slice of BTC not even a slice atom of it while the USA who don't even accept BTC as a legal tender and manipulated the market in a way that no one would have predicted, have that much BTC just by seizing them from platforms.

Just like they don't have oil reserves in their lands but acquired a great amount of oil I need not mention how they accumulated that much-reserved oil even though they do have not that much natural oil, no doubt import and export a way but what about countries which they invaded by the name of democracy and etc.

Confiscation is democracy too 🤣 sorry this is just a joke. This is what is unique about America, they quietly and do not announce their Bitcoin holdings surprisingly have a lot of Bitcoin reserves. Even without DCA, America was able to achieve large profits in the BTC sector. This could also cause concern, if suddenly they sold Bitcoin and caused market panic, wouldn't this affect El Salvador? even other countries that store and legalize Bitcoin.

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Faisal2202
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November 19, 2023, 01:42:12 PM
 #23

Thank you. Glad to know it is helpful for you all. Some people think they knew everything.
I did not read other people's replies, so I didn't realize that they were criticizing, but that doesn't matter. I used to say here that this is an international platform where every person has the freedom of speech and different ideas. As a matter of fact, I did not know how much BTC El Salvador has, because when I searched on Google, it says it has around 3,800+ BTC, while on the website you provided, it says around 3,110, so I don't know for sure who is wrong, but the graph makes some sense, and I will also suggest the same.

The funny thing is, a few of the members must be criticizing you by following others, they might also have come to know about this website now.

No. It is not my website.
Oh, Ok, actually, I said I did not find any website like this before, because websites like these need SEO strategies to appear at the top while relevant searches are made. That's why I did not find it. It still has less traffic and Talking about your other post about MS, I found the other link about MicroStrategy on the same page; the link is provided at the top right corner of the graph, so I directed to the website from there. I also saw your post, but I did not make a post there because I thought it wouldn't need a reply as I had already been here.

Faisal2202
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November 21, 2023, 12:00:09 PM
 #24

Confiscation is democracy too 🤣 sorry this is just a joke. This is what is unique about America, they quietly and do not announce their Bitcoin holdings surprisingly have a lot of Bitcoin reserves. Even without DCA, America was able to achieve large profits in the BTC sector. This could also cause concern, if suddenly they sold Bitcoin and caused market panic, wouldn't this affect El Salvador? even other countries that store and legalize Bitcoin.
It is what it is, and maybe that's why they have a big impact on the BTC market, the huge selling of seized BTC by USA can create a little bit of a dip but if combined with the ETF proposal's rejection then it will create a big dip before halving that's why my finger is still closed. Talking about the way they doing democracy is just the name of the show while they are doing something else in the show.

And the funny thing is there is no US local community on this forum AFAIK.

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November 21, 2023, 12:50:41 PM
 #25

Confiscation is democracy too 🤣 sorry this is just a joke. This is what is unique about America, they quietly and do not announce their Bitcoin holdings surprisingly have a lot of Bitcoin reserves. Even without DCA, America was able to achieve large profits in the BTC sector. This could also cause concern, if suddenly they sold Bitcoin and caused market panic, wouldn't this affect El Salvador? even other countries that store and legalize Bitcoin.
It is what it is, and maybe that's why they have a big impact on the BTC market, the huge selling of seized BTC by USA can create a little bit of a dip but if combined with the ETF proposal's rejection then it will create a big dip before halving that's why my finger is still closed. Talking about the way they doing democracy is just the name of the show while they are doing something else in the show.

And the funny thing is there is no US local community on this forum AFAIK.

Are there any Americans as spies here? lol. This is also a big dilemma for me and maybe some holders who are in line with what I think, try to relate it to the case of Mt. Gox is still just a promise that customers' BTC assets will be distributed, not to mention parties who hold Mt. crypto assets. Gox is currently America? Japan? America's confiscated assets and the BTC owned by America are still not clearly known, of course we all have to be aware of this. Of course there will be a time when these BTC assets will be sold simultaneously and on a large scale. This is not FUD, it just makes you aware that bad things can happen to any asset. I remember someone saying that Bitcoin can go down to $0 and then go up again 😅

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Popkon6
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November 21, 2023, 05:57:13 PM
Merited by fillippone (1)
 #26

Not only has El Salvador legalized Bitcoin as legal tender, it has also given its people many advantages in terms of using Bitcoin without any fees. And gas fees are completely free, which is why the people of El Salvador are interested in using Bitcoin. Later he also succeeded in producing energy, Vulcano Energy, and thousands of workers are working here. This volcanic energy has brought many benefits to the people of El Salvador that are still benefiting today, and are likely to benefit even more in the future. In particular, the president of El Salvador is buying an average of one bitcoin per day following the DCA method. Because the bitcoin purchased in the present will protect this bitcoin el salvador from the effects of future economic storms.

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Faisal2202
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November 22, 2023, 04:47:23 PM
 #27

Are there any Americans as spies here? lol. This is also a big dilemma for me and maybe some holders who are in line with what I think, try to relate it to the case of Mt. Gox is still just a promise that customers' BTC assets will be distributed, not to mention parties who hold Mt. crypto assets. Gox is currently America? Japan? America's confiscated assets and the BTC owned by America are still not clearly known, of course we all have to be aware of this. Of course there will be a time when these BTC assets will be sold simultaneously and on a large scale. This is not FUD, it just makes you aware that bad things can happen to any asset. I remember someone saying that Bitcoin can go down to $0 and then go up again 😅
Maybe, maybe not, actually a few months ago I realized that most of the traffic came from the USA and there is no USA local board here so I kind of doubt that there are any American spies here hahaha. Well, fun aside, that's because most people might use proxies, VPN, and Tor browsers and the location might be of USA that's why but still it's a question of why there is no USA local board here.

And to be honest, I realized how much power America has even in the digital finance world (cryptocurrency) which I accepted after seeing CZ arrest and given a fine of $4 Billion (that's not a small amount). The USA really has connections to make other entities bend on their knees.

And yeah, these are not FUD instead a warning for everyone and an indicator for investors and traders to take benefit of this information to buy more or take entries. Overall, this USA involvement in crypto has made him the next China but China was banning crypto over and over again while the USA is doing it the other way, the way in which they can earn too. haha.

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March 13, 2024, 03:13:16 PM
 #28


See the portolio of El Salvador.
Their nation has some big changes for money from abroad like remove income tax.

+ BTC revenue from our passport program
+ Revenue from converting #BTC to USD for local businesses
+ BTC from mining
+ BTC revenue from government services

Nayib is a legendary national leader by his decision to invest in Bitcoin and some big decisions for his national policy changes.

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