🌋 When crypto gains a presidential proponent…
El Salvador reelected its pro-bitcoin president to his second five-year term with what he said was more than 85% of the vote. President Nayib Bukele is a millennial who made BTC legal tender and promised to bring investment $$ to the country with bitcoin “volcano bonds.” His pro-crypto stance has given hope to an industry desperate for friendly officials. But human-rights advocates say Bukele’s anti-gang efforts, which imprisoned 75K people without charges, are anti-democratic.
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