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150 sats \ 3 replies \ @jp305 15 Mar \ on: Nayib Bukele Publishes El Salvador’s Bitcoin Address - 5,689 BTC worth $400M+ bitcoin
Why a single wallet though?
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30 sats \ 2 replies \ @kr OP 15 Mar
i’m not sure, i guess we’ll learn a lot from the example they set.
there aren’t many countries or large companies taking full custody of their coins at that scale for El Salvador to mirror.
over time, i think the “playbook” for how to store nation-state levels of wealth will be written, iterated, and improved upon.
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90 sats \ 1 reply \ @jp305 15 Mar
It seems to be a multi-sig wallet address so at least there is some sort of additional protection. I would also imagine some sort of timelock protection set.
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21 sats \ 0 replies \ @quark 15 Mar
We will see. Does Bukele go often in boat trips? Lol I'm sure they know what they are doing and set an example.
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