Oh, the drama! El Salvador’s President Nayib Bukele has been sending ripples through the crypto world again, teasing that his country’s Bitcoin stash might just hit a major milestone. Can you believe it? 🤯
From whispers that El Salvador’s Bitcoin reserves could swell to a cool $1 billion to the grand plans for Bitcoin banks and crypto education programs, this little Central American gem is certainly making waves. Who knew a nation could be so adventurous with its finances? 🚀
So, let’s dive into the latest gossip and see what the President has been up to, shall we? 🕵️♀️
President Bukele Reacts To El Salvador’s $1B Bitcoin Milestone
It all started when the betting platform Kalshi gave El Salvador’s Bitcoin reserves a 25% chance of hitting $1 billion by December. Bukele, never one to miss a beat, chimed in with a cheeky tweet: “I could do the funniest thing right now”. 😂
And just like that, the internet was abuzz with speculation. More Bitcoin buys? A surprise announcement? Only time will tell, but the odds are definitely in our favor. 🍀
I could do the funniest thing right now…
– Nayib Bukele (@nayibbukele) August 27, 2025
Since Bukele’s playful tweet, the odds of El Salvador’s Bitcoin reserves reaching $1 billion in 2025 have soared to over 40%. Polymarket, never one to be left out, quickly launched a similar market, pegging the chances at 43% by year-end and a whopping 16% by September 30. Talk about a rollercoaster ride! 🎢
NEW POLYMARKET: Will El Salvador hold $1 billion+ of Bitcoin by…?
– Polymarket (@Polymarket) August 28, 2025
El Salvador Ranks 7th Among Government Entities
Currently, El Salvador boasts a modest 6,282 Bitcoin, valued at over $700 million. That’s enough to rank them 7th among government entities globally. Impressive, right? 🏆
But let’s put it in perspective: the United States leads the pack with a staggering 198,021 BTC, followed by China with 190,000 BTC, and the United Kingdom with 61,245 BTC. Even tiny Bhutan, with its 10,565 BTC, manages to edge out El Salvador. But hey, every little bit counts! 🌱
Despite rumors that El Salvador halted BTC purchases in July after a $1.4 billion loan deal with the IMF, Bukele and the Bitcoin Office keep dropping hints about new buys. Keep your eyes peeled! 👀
Bitcoin Education and Banking in El Salvador
While the world watches, El Salvador is busy experimenting with Bitcoin and exploring Bitcoin-based banking initiatives. It’s like they’re writing the playbook for the future of finance! 📚
Esta mañana, la ministra @KarlaETrigueros participó en la ceremonia de graduación del Diplomado en Bitcoin, en el Instituto Nacional General Francisco Morazán (INFRAMOR), de San Salvador. 350 alumnas culminaron su formación en bitcoin, así como a las 8 jóvenes que terminaron su…
– Ministerio de Educación (@EducacionSV) August 21, 2025
The country is also stepping up its crypto literacy game with the Bitcoin Diploma program. Just last month, they launched a financial literacy program for kids as young as seven. Imagine a generation of crypto-savvy seven-year-olds! 🧒♂️💰
With steady Bitcoin accumulation, ambitious Bitcoin Bank plans, and educational programs teaching the ins and outs of crypto, El Salvador is well on its way to becoming a global Bitcoin powerhouse. Watch this space! 🌟
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2025-08-28 18:09