Blogs

Bukele donates 2 Bitcoin towards building 1,000 schools in Honduras

Oct 24, 2024 | World

October 24, 2024

El Salvador’s President Nayib Bukele recently donated two Bitcoin (approximately $133,000) to support the construction of 1,000 schools in Honduras. The donation, made from Bukele’s personal wallet, was handed to Shin Fujiyama, founder of Students Helping Honduras, an organization focused on reducing poverty through education. This contribution aligns with Bukele’s ongoing advocacy for Bitcoin, which he made legal tender in El Salvador in 2021.

While Bukele continues promoting Bitcoin, its adoption in El Salvador remains low. A recent survey found that only 7.5% of Salvadorans use cryptocurrency for transactions, with just 1.3% supporting Bitcoin’s role in the country’s future. Despite this, 58% of respondents expressed confidence in Bukele’s leadership, particularly regarding economic and security improvements. Bukele’s pro-Bitcoin policies have faced international criticism, including from the IMF, which urged limits on public sector exposure to Bitcoin.

Did you like this article?

Did you like this article?

0 Comments

Latest Posts

J Balvin’s “Lemonade” Air Jordan 4 Is Dropping This September 25

J Balvin and Jordan Brand are about to do it again. The Colombian reggaeton superstar is preparing to release his highly anticipated Air Jordan 4 “Lemonade,” continuing one of the biggest partnerships between a Latino artist and Jordan Brand. The bright yellow...

J Balvin Brings Medellín to New York With Colombian Fashion Pop-Up

J Balvin is bringing a little piece of Medellín to the middle of New York City. The Colombian reggaeton superstar has teamed up with iconic Colombian leather brand Vélez for a special pop-up in SoHo, transforming Shopify’s New York space into a celebration of...

Events

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

Related articles