nayib bukele

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Bitcoin Maximalist Nayib Bukele wins El Salvador elections again

5 Feb 2024 1 minute read 4 comments Yugocean

     Nayib Bukele, the statesman who took the initiative to make Bitcoin a national economic policy, again wins elections in El Salvador.     Bitcoin Economy      The World Bank has reported El Salvador's poverty rate at 28.4%, with 1.8 million peop...

Nayib Bukele and New Federation

5 Nov 2023 1 minute read 8 comments Yugocean

     Nayib Bukele's proposal to form a new federation with El Salvador is being considered seriously by the Bitcoin community. How did it start?      In a simple post, someone asked Nayib Bukele if he was available for hire to run other countries. O...

Bitcoin As legal Tender: A Gamble for El Salvador?

9 Sep 2023 3 minute read 1 comment Coins Reporter

Some people would argue that Nayib Bukele, by making Bitcoin a legal tender, played a gamble to save the decaying economy of his motherland. There are many who would hit back and say Nayib was right and just made crypto-currency a currency for regula...

El Salvador Bonds Climb the Global Market

17 Aug 2023 1 minute read 3 comments Yugocean

     El Salvador's USD bonds have gained 70% this year, making them the best performers in emerging markets. Due to this, the bitcoin economy is shining in the economic world. Business Interest in BTC Increased      Economic gains in El Salvador ha...

US court dismisses human rights abuse case against Bitcoin country El Salvador

23 Jul 2023 1 minute read 14 comments Yugocean

The hatred of a section of the population against the crypto world is such that El Salvador was sued in a New York court on the pretext of crimes against humanity just after it made Bitcoin legal tender. Recently, the court dismissed that case. Hum...

Bitcoin country El Salvador is officially a Technology and Tax Heaven

5 May 2023 1 minute read 5 comments Yugocean

         President Nayib Bukele of El Salvador is better known for making Bitcoin legal tender for the first time; now his other achievement is making his country a tax-free tech hub.    Technology is Tax Free by Law    President Bukele has given hi...

Bitcoin is developing El Salvador

6 Mar 2023 1 minute read 21 comments Yugocean

We all know that El Salvador is the first country in the world to have made bitcoin legal tender. Since then, its relations with countries like the USA, Canada, etc., and institutions like the World Bank, the IMF, etc., have deteriorated, but bitcoin...

Nayib Bukele Prediction of 2022

28 Dec 2022 1 minute read 2 comments Yugocean

     El Salvador's President Nayib "Bitcoin" Bukele made his annual predictions on bitcoin on January 2, 2022; let's see what was the outcome as the year comes to an end. • Prediction 1: Bitcoin Will Reach $100k At present, the price of bitcoin is...

Nayib Bukele Struggling More than Bitcoin

8 Dec 2022 1 minute read 2 comments Yugocean

     The rampaging attacks of the bears on the crypto market have bled the bulls, but with the help of the wounded bulls, the world's first bitcoin leader, El Salvador President Nayib Bukele is still standing by bitcoin, or maybe bitcoin is standing...

El Salvador's bitcoin treasury not affected by FTX Down

12 Nov 2022 1 minute read 4 comments Yugocean

  How it Started When Glaxy CN CEO Mike Novogratz suddenly rumoured that El Salvador's bitcoin investment was in FTX, the crypto world and the political economy went into a tizzy. In the same news, Novogratz even went so far as to say that the Presid...