The cryptocurrency community reacted positively to the creation of a public mempool, noting that the government is trying to follow a policy of transparency regarding digital gold. Now, thanks to the mempool, anyone can audit government reserves in Bitcoin in real time.
El Salvador began investing in digital gold in 2021. Previously, the country's government pledged to buy one bitcoin every day. According to the mempool, over the past month, the authorities of El Salvador have purchased 31 bitcoins and now there are 5,748 BTC in the government account.
At the same time, the level of Bitcoin adoption among the population of El Salvador remains low. In 2023, only 12% of residents used Bitcoin to pay for goods and services.
Earlier, the President of El Salvador, Nayib Bukele, said that against the backdrop of the global growth of the digital asset market and the first cryptocurrency reaching new historical highs, the country’s investments in bitcoins have fully justified themselves.
Source: Bits
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