El Salvador's Bukele Says Bitcoin Strategy a 'Net Positive,' but Adoption Lags

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El Salvador's Bukele Says Bitcoin Strategy a 'Net Positive,' but Adoption Lags
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Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.

Bitcoin brought"branding, investments and tourism" to El Salvador, President Bukele said in a TIME Magazine interview.

El Salvador, however, has benefitted in multiple ways from positioning itself as a Bitcoin-friendly country while the risks that institutions such as the"It gave us branding, it brought us investments, it brought us tourism," he said."I do believe that the positive outcomes outweigh the negative, and the issues that have been highlighted are relatively minor."

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