May 1, 2024

El Salvador will build a veterinary clinic for profit from operations with bitcoin

El Salvador will build a veterinary clinic using profits from Bitcoin transactions

The government of El Salvador plans to use the first profits of the Bitcoin Trust to build a modernveterinary clinic.

El Salvador Gets $ 4 Million in Profitsfrom Bitcoin Trust, which purchased 400 BTC in August. Due to the rise in prices of the first cryptocurrency by more than 30% in the last week, the government trust has received income and plans to invest it in projects without selling the Bitcoin reserve.

The first such project will be a modern veterinary clinic in the capital, said President Nayib Bukele. 

Ethereum co-founder Vitalik Buterin thinksEl Salvador's Bitcoin reckless experiment. Vitalik is convinced that forcing businesses to accept BTC is contrary to the spirit of the crypto space. He believes that many Salvadorans may fall prey to hackers because they do not have the necessary basic education in cryptography.

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