El Salvador's bold Bitcoin strategy has paid off, with the country’s unrealized gains exceeding $300 million following Bitcoin’s historic surge past $100,000. President Nayib Bukele proudly highlighted the milestone on social media, showcasing the financial impact of the nation’s crypto experiment. On Dec. 5, Bitcoin reached six figures for the first time, prompting celebrations across…
Two tiny countries, Bhutan and El Salvador, are two of the earliest nation-states to take advantage of Bitcoin’s Number Go Up Technology In the remote Himalayan kingdom of Bhutan, a prescient decision made in 2019 is now yielding unprecedented returns. The nation’s Bitcoin holdings, accumulated through mining operations when the cryptocurrency traded around $5,000, have…
Fabian is the co-founder of Illuminodes, guiding the development of the SALUD Protocol, which aims to give individuals control over their health data. Fabian shares insights on the challenges of managing health data, the collaboration with local hospitals in El Salvador, and the integration of global standards in health data management. Why you should listen…
The International Monetary Fund (IMF) renewed its calls for El Salvador to scale back its Bitcoin policies During an Oct. 3 press conference, the International Monetary Fund (IMF) renewed its calls for El Salvador to scale back its Bitcoin policies and overhaul the regulatory framework for the digital asset. Julie Kozack, director of the IMF’s…
El Salvador's National Bitcoin Office (ONBTC) is set to provide Bitcoin training and certification to 80,000 government employees. El Salvador’s National Bitcoin Office (ONBTC) will provide Bitcoin training and certification to 80,000 government employees. This initiative is part of a broader strategy to integrate Bitcoin into public policies and management. The program, delivered through a…
In the wake of the presidential election on February 4th, Nayib Bukele, the de facto incumbent, emerged victorious to continue his role as a transformative figure in El Salvador’s political scene. Bukele addressed supporters in the nation’s capital after the landslide victory, recounting the successes of his first term and the measures taken to transform…
The lightning network is a scaling solution built for the Bitcoin blockchain. It operates as a “Layer-2” or “second-layer” on top of Bitcoin. Developers, soon after Bitcoin began gaining popularity, began exploring solutions for scaling the network. The Bitcoin and Blockchain trilemma The Blockchain trilemma is the inevitable trade-off a blockchain has to make between…
As Bitcoin booms, President Nayib Bukele’s bold Bitcoin move for El Salvador is back in the black. El Salvador’s President Nayib Bukele announced on X on Monday that the country’s bold Bitcoin (BTC) investment is back in the black, with a profit exceeding $3 million. The revelation follows Bitcoin’s rally to the $42,000, and now…
A year ago, our team sat down with Paolo Ardoino, CTO at crypto exchange Bitfinex, to talk about the Bitcoin price and the events that, for many, triggered the long crypto winter: the FTX collapse, and the downfall of major companies in the space. Now, we sat down with Ardoino once again to talk about…
Luke Bryoles, a Bitcoin advocate who thinks the world’s most valuable network will save people’s energy, is bullish. On October 30, Bryoles said the coin could rally to $3 million, and all it needs is to be “100X from today.” For this reason, the crypto supporter thinks users engaging with the coin are “still early.” Is This…