No other government in the world have embraced Bitcoin like the El Salvador government since the creation of the coin so I'm not even surprised that they've finally adopted Bitcoin as a legal tender. The government of the country seems to be more interested in the collective growth of the nation than the supremacy of the government over the people of El Salvador. As a government, El Salvador have succeeded in modernizing the economy with their adoption of Bitcoin as well as attracted the presence of big crypto investments to the country. I wish every other country of the world will follow suit

IIRC, that scamy little weirdo in Argentina instinctively wanted everyone to declare all of their BTC holdings.  https://www.ccn.com/news/crypto/new-argentina-law-declare-crypto-hefty-taxes/  Any guesses on how Argentina plans to get their 'reserve'?

Any entity in El Salvador exchanging DNA with shit-coin scammer Milei or his government is hardly good news to people who hold out some hope for El Salvador.

Argentina seems to be giving France, who's current president is married to his transsexual biological father, a run for their money in terms of bizarre/sinister, and likely Frankist inspired, weirdness.

They did some steps forward, and some - backward, because in the end, it's all done for the country and its prosperity.

El Salvador's President Nayib Bukele can certainly take any action to hold Bitcoin at any time, they are holding 1 Bitcoin on average every day. Because they know that in this Bitcoin market, weak holders are selling their Bitcoin at the moment of dip and strong holders are holding Bitcoin for a long time. However, their daily DCA method plays the most important role in Bitcoin investment, because they are constantly creating savings towards purchase and their morale is getting stronger to hold more Bitcoin.
Because Nayib Bukele has played the biggest role in the economic sector of his country, that is why he has given the most importance to Bitcoin. And so far they have 6113 Bitcoins in the current holding state, as time goes by, their holding is getting bigger and bigger and is at the peak of success.

They turned our home into a cemetery’: the high price of El Salvador’s Bitcoin City dream

For the Salvadoran government, the airport isn’t just an isolated project, but one that fits into a grander plan: the “Bitcoin City”, another ambitious promise from his government. Bukele envisions a tax-free economic hub, with the airport a key part of making it accessible to international investors and crypto entrepreneurs.

https://www.theguardian.com/global-development/2025/mar/12/el-salvador-bitcoin-city-mangroves-president-nayib-bukele

El Salvador's President Nayib Buquele has started working on his dream of turning his city into Bitcoin City.  Because he promised the people of his country in the past to implement this airport, he is going to complete this task in the present and it will attract every people.

El Salvador gets its bitcoin from Bitfinex, raising control concerns

Who controls El Salvador’s 6,114 bitcoin?
Bukele’s administration hosts an official website claiming that the government owns 6,114.18 bitcoin. That figure matches third-party estimates at Nayib Tracker.
These disclosure portals are limited in what they reveal, showing the balance in a specific address. Whether the coins are in the wallets is far less interesting than where they come from, whether they are encumbered, and who possesses their private keys.
Digging into the history of the coins that landed in that wallet, researchers claim that 80% of these bitcoin originated from Bitfinex-controlled wallets – and that the remaining 20% were transferred through Chivo Wallet yet ultimately derived from Bitfinex-controlled wallets. There was additionally a de minimis amount that seemed to come from Binance.
Source link: https://protos.com/el-salvadors-gets-its-bitcoin-from-bitfinex-raising-control-concerns/

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A total of 6,114 Bitcoins have been traced to El Salvador, and most of the Bitcoins came from Bitfinex, El Salvador's Bitcoin regulator, said. However, there are other places where the Bitcoins came from, including Binance and Chivo Wallet.
 Upon further investigation, this further confirms the Bitcoin initiative, which will help Nayib Bukele stockpile more Bitcoins in the future.

EL Salvador, Canada, Mexico, Bahamas, Guatemala, Honduras,US, Panama Among Ninety Three Visa-Free Travel Countries Boosting Poland’s Tourism Sector: New Report You Need to Know

All the countries mentioned here are among the developed countries, El Salvador, the countries that border here, can visit this tourist center in every country. One of the reasons why El Salvador is included here is because they give the most importance to Bitcoin, they have been able to join this developed country, but I think that the reason why El Salvador is reaching such a peak of development in this short time is the most important and important reason why it has become a Bitcoin-centric country.

what is the present effectiveness of bitcoin city ?

They can still buy now if they are not satisfy with what they are hodling because they are using government money to buy BTC for the purpose of hodling to boost their economy. The way other people value dip to buy BTC is different the way government or wealthy people buy BTC because they know that they are buying to hodl for long years whether the price is high or low they don't care than to buy.
They are the first country to make BTC legal tender, it has helped El Salvador government to attracted many foreign investors in their country because BTC is legal tender to those that live in that country which is what every bitcoiners want in their countries.

IMF now officially tracks Bitcoin in cross-border finance — just weeks after warning El Salvador to scale back

America hoards, El Salvador buys
The IMF’s decision to formally account for digital assets like Bitcoin comes at a time when two very different nations — the U.S. and El Salvador — are taking visible and symbolic steps to anchor Bitcoin within their respective financial strategies.

Source link: https://crypto.news/imf-includes-bitcoin-in-global-accounting-rules/

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El Salvador has been in the spotlight for its Bitcoin purchases, especially since the IMF banned them. But the IMF is now targeting El Salvador on a statistical and strategic basis, with El Salvador and the United States having some issues.
 The United States is hoarding Bitcoin and El Salvador is buying Bitcoin and holding it for the long term. Those who have opposed Bitcoin holding in the past are now supporting Bitcoin holding.