Bitcoin has brought the El Salvadoran economy to a new level and ensured GDP growth.
The government's financial report showed GDP growth of 10.3%. For the first time in history, the country is experiencing double-digit growth in gross domestic product. Against the backdrop of a 7.9% drop in GDP in 2020, the figures inspire optimism in the government. Exports, the main source of government income, grew by 13% in January, thanks to the use of crypto-transactions in payments.
President Boucle remains committed to the cryptocurrency strategy, and plans to continue filling the treasury with new crypto projects.
A plan is now being developed to launch a state-owned mining pool on volcanic energy and metropolis - Bitcoin City.
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