Where Is Nayib Bukele Actually Storing El Salvador's Bitcoin?
Summary
President Nayib Bukele announced the decision to transfer a significant portion of the country's Bitcoin to a cold wallet, which will be stored in a physical vault within the nation's territory. This decision involves approximately $400 million in bitcoins. The announcement was made as part of CoinDesk’s “Future of Bitcoin” package, published in April 2024 to coincide with the fourth Bitcoin “halving”. The package also features content from Lina Seiche, creator of The Little HODLer, a popular Bitcoin merchandise brand.
