El Salvador Plans to Buy More Bitcoin Every Day Despite Losing Millions Already
by Matt Novak from on (#65XYD)
Nayib Bukele, the president of El Salvador, announced late Wednesday that his government plans to buy one Bitcoin every day starting on Thursday. And while Bukele hasn't said when the purchases will stop, it will likely prove a shockingly dumb decision, based on the massive loss he's already taken by buying bitcoin at...