Nayib Bukele Was Right: Bank of England Resumes Money Printing

El Salvador President Nayib Bukele took a victory lap on Monday after the Bank of England’s British pound rapidly depreciated against the dollar.  The institution has since resumed quantitative easing. Its action marks a clear pivot that many in the Bitcoin community predicted central banks would be forced into months in advance. Bukele’s Callout Bukele tagged the Bank of England with a triumphant “Told you,” over Twitter, scoring over 14,000 like and 2000 retweets from his followers.  His brief comment…

El Salvador President Cancels Appearance At Bitcoin 2022

Nayib Bukele – President of El Salvador – has canceled his scheduled appearance at the Bitcoin 2022 Conference in Miami. That means he won’t be delivering a keynote speech originally slated for Thursday. Many were expecting the President’s appearance, considering his debut as a Bitcoin figurehead at last year’s conference. At the time, he had revealed his decision to make Bitcoin legal tender in El Salvador through a video presentation. However, he issued a letter to the conference today saying…

El Salvador Buys 21 Bitcoin To Mark A Special Occasion

El Salvador is buying more Bitcoin - this time, for the meme. Nayib Bukele, President of El Salvador, said that the country is buying 21 BTC - to mark a special occasion. In particular, Tuesday marked the 21st day of the 21st year of the 21st century. https://twitter.com/nayibbukele/status/1473489844521385985 The Bitcoin transaction in question happened on 21/21/2021 at 9 PM and amounted to 21 Bitcoin. The eccentric president also pointed out that El Salvador's size is 21,000 km2. Coincidence? I don’t…