“El Salvador will build 20 state-of-the-art schools using the profits generated by the adoption of Bitcoin (BTC). According to President Nayib Bukele, the trust created to reassure the population before the adoption of the currency managed to generate profits thanks to the rise in the price of Bitcoin.”
“This November 2, 2021, Nayib Bukele , the President of El Salvador, announced the construction of 20 schools thanks to the profits generated by the adoption of the Bitcoin (BTC) . According to the leader, the profits come directly from the Bitcoin Adoption Trust (FIDEBITCÓIN) , a trust worth $ 150 million in Bitcoin intended to facilitate exchanges between cryptocurrency and the US dollar. These 20 schools are in addition to the 400 schools already planned under the My New School program.”
