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El Salvador Hosts First-Ever Government-Backed Bitcoin Conference - Pioneering National Crypto Adoption

El Salvador Hosts First-Ever Government-Backed Bitcoin Conference - Pioneering National Crypto Adoption

Published:
2025-09-01 23:57:07
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El Salvador just flipped the script on global finance—hosting the world's first state-sponsored Bitcoin conference amid volcanic peaks and Pacific waves.

Nayib Bukele's Bitcoin Bet

The president's high-stakes crypto gamble transforms this Central American nation into a literal Bitcoin beachhead—mining with geothermal energy and pushing citizenship-through-investment like a tropical Singapore.

Banking the Unbanked or Political Theater?

Skeptics whisper about bond market tantrums and IMF side-eye, but Salvadoran streets tell a different story—street vendors now flashing Lightning Network QR codes next to pupusa stands.

Wall Street Meets Surf Street

Conference agenda features mining execs debating energy grids alongside surf instructors explaining dollar-cost averaging to local entrepreneurs—because nothing says financial revolution like discussing hash rates in board shorts.

The ultimate test? Whether this conference generates more than just influencer content—and actually moves the needle on real-world adoption. After all, traditional finance conferences just offer stale coffee and recycled PowerPoints—El Salvador serves actual volcanic thermal energy and regulatory moonshots.

Global Leaders and Speakers

Prominent names set to speak include billionaire Ricardo Salinas, author Jeff Booth, Bitcoin advocates Max Keiser and Stacy Herbert, and Lightning Network builder Jack Mallers. Other confirmed speakers are Pierre Rochard, Jimmy Song, Darin Feinstein, and Lina Seiche.

Tickets are priced at $350 for general access and $2,100 for the Genesis Crown Pass, which includes VIP seating, private networking, and exclusive merchandise.

Bukele’s Pro-Bitcoin Vision

The conference comes as President Nayib Bukele secures another term under a recent constitutional reform allowing indefinite re-election. Bukele, one of Bitcoin’s strongest global advocates, has confirmed government holdings of over 6,200 BTC. His extended leadership provides political space to expand El Salvador’s pro-Bitcoin strategy.

Bitcoin Market Shows Signs of Recovery

The announcement of Bitcoin Histórico coincides with a market rebound. Bitcoin is trading above $110,293, recovering after a sharp 6% drop last week. Institutional demand remains strong, as Japan’s Metaplanet added 1,009 BTC on Monday, increasing its holdings to 20,000 BTC, worth over ¥302.3 billion ($2 billion).

Meanwhile, US spot Bitcoin ETFs had received $440 million in weekly flows. The traders are speculating on a Federal Reserve rate cut in the month, and the CME FedWatch tool indicates an 87.6% chance of the Fed cutting the rate by 25 bps. A reduction in the rate will weaken the dollar and further increase Bitcoin’s value.

With Bitcoin Histórico, El Salvador aims to showcase not just a conference, but a turning point in financial history that other nations may one day follow.

Also Read: Andrew Tate Claims Bitcoin at $1M Will Save the Dollar

    

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