El Salvador to transfer a chunk of its bitcoin to a cold wallet, store in a physical vault

El Salvador President Bukele:

el salvador btc wallet vault

Bukele’s revealing El Salvador’s Bitcoin wallet address is a strong signal of confidence from the President:

  • Its now public info and anyone can monitor it to see if its being moved and/or lent out
  • It also show Bukele's faith in Bitcoin technology
  • It boosts the credibility of El Salvador's holdings of BTC

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