El Salvador builds 20 ‘Bitcoin schools’

Table of Contents

Join our community

Estimated reading time: 0 minutes

El Salvador builds 20 ‘Bitcoin schools’

Some time ago, of course, El Salvador accepted Bitcoin as a widely accepted means of payment throughout the country. As a result, they started “saving” Bitcoin themselves. In their Bitcoin Trust Account, they now have as much as 1,120 BTC. As you probably expected, this has paid off handsomely in the past few months. With the money they made from this Bitcoin, they are now going to build 20 ‘Bitcoin schools’.

The Bitcoin schools in El Salvador

The introduction of Bitcoin in El Salvador does not seem to have been a stopgap measure, especially since they are now in the process of further investing in Bitcoin. They are going to build 20 Bitcoin schools with their Bitcoin profits so that their people can become knowledgeable about Bitcoin.

This is brought out by the country’s president, Nayib Bukele. “When this project was started, we had not made as much money in FIDEBITCOIN (the country’s BTC trust account) as we have made now. So we have decided to make the first 20 Bitcoin Schools.” is what he had to say about building the Bitcoin schools.

This is not the first investment the country is making with the profits they have made from Bitcoin. Indeed, earlier they used $4 million to build a hospital in the country’s capital, El Salvador.

So it is clear that the introduction of Bitcoin in the country has so far brought about many positive changes. Let’s hope it continues to do so!

Of course, we can benefit from this kind of positive news about Bitcoin! For example, you can buy Bitcoin from Kucoin. This link allows you to do so in just a few minutes!

Crypto_Library_logo_512x512_svg

Disclaimer: Trading and investing in cryptocurrencies (also called digital or virtual currencies, altcoins) involves a substantial risk of loss and is not suitable for every investor. You are solely responsible for the risk and financial resources you use to trade crypto. The content on this website is primarily for informational purposes and does not constitute financial advice.

Are you ready to take your trading skills to the next level?

"Trade Like a PEPE" is the ultimate course that will transform you into a confident and profitable trader! 📈

🐸 Transform into a confident and profitable trader

📈 Master technical analysis, risk management, and market psychology to navigate the crypto markets like a pro.

🔍 Develop a proven trading plan and spot high-probability setups.

Safe your spot!