Behind all the exciting events, the anniversary of the adoption of #bitcoin as a legal tender in El Salvador somehow unexpectedly quietly passed. The historic event took place on September 7, 2021, and at the time the law came into force, bitcoin was trading at $46,000. To date, the government of El Salvador has acquired a total of 2,381 #BTC, and bitcoin has fallen by more than 60%. The unrealized loss to date is $62 million. However, few people are interested in this, because there is a benefit from the decision of President Naguib Bukele, in particular, banks had to reduce commissions due to competition from cheaper #cryptocurrency transactions. In addition, the tourist business has gone up the hill.
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