The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He told gold bug Peter Schiff that if El Salvador had sold its gold and bought bitcoin last year, it would now be worth $125 million more. Bitcoin vs. Gold: El Salvador Could’ve Made Millions More Switching Reserves From Gold to Bitcoin El Salvador’s president Nayib Bukele has revealed some details of his country’s gold reserves in a conversation on Twitter with gold bug Peter Schiff. Schiff commented on El Salvador buying the dip Saturday morning after Bukele announced that his country bought 100 more BTC as the price of bitcoin fell from above $52K Friday night to below $44K. “There’s a lot more dips coming. How much taxpayer money do you intend to waste?” Schiff asked Bukele. The Salvadoran president replied, “None.” He emphasized, “We’re already in the green from our last purchase, in less than 24 hours.” Bukele conti
Official Bitcoin Latest News Blog 🗞️