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El Salvador President’s Bitcoin Donation Supports School Construction in Honduras

  • El Salvador President Nayib Bukele donated 2 BTC, worth around $134,000, to fund the construction of 1,000 schools in Honduras.
  • This donation aligns with El Salvador's Bitcoin initiative and its long-term strategy to incorporate cryptocurrencies into the national financial system.
  • Despite Bitcoin being legal tender in El Salvador, only 7.5% of the population regularly uses it for transactions, indicating low adoption rates.
  • International interest in El Salvador's Bitcoin policies has grown, with Argentina's Vice President expressing interest in exploring the benefits of national Bitcoin adoption.

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