If you're still treating nation-state Bitcoin buying as a joke, stop now.
Too many traders sold every dip since 2021 and never got back in, while a whole country kept stacking in public. That's how you miss the bid that actually mattered.
El Salvador now holds $618 million of $BTC on-chain and has been buying roughly 1 $BTC a day since 2021. They did not stop after the IMF attached conditions to a $1.4B loan meant to limit the Bitcoin program. Compare that to 2022, when half the market folded under pressure. $ETH narratives rotated every quarter and plenty of $SOL experiments vanished the second funding got tight. This wallet just kept filling.
Most countries issue a press release. This one bought through the restrictions.
Do you think more nations copy this, or was El Salvador just early and stubborn?
#Bitcoin #ElSalvador #Crypto
Too many traders sold every dip since 2021 and never got back in, while a whole country kept stacking in public. That's how you miss the bid that actually mattered.
El Salvador now holds $618 million of $BTC on-chain and has been buying roughly 1 $BTC a day since 2021. They did not stop after the IMF attached conditions to a $1.4B loan meant to limit the Bitcoin program. Compare that to 2022, when half the market folded under pressure. $ETH narratives rotated every quarter and plenty of $SOL experiments vanished the second funding got tight. This wallet just kept filling.
Most countries issue a press release. This one bought through the restrictions.
Do you think more nations copy this, or was El Salvador just early and stubborn?
#Bitcoin #ElSalvador #Crypto