FUN FACT: El Salvador's national library runs a #Bitcoin node 🇸🇻
El Salvador's National Library, BINAES, has taken a significant step in embracing cryptocurrency by running a Bitcoin node. This move is part of the country's broader effort to integrate Bitcoin into its financial system, following the adoption of Bitcoin as legal tender in September 2021.
The Bitcoin node at BINAES is located in a space designed to resemble the letter "B" and offers specialized literature on Bitcoin and digital finance. This initiative aims to promote financial literacy and education among Salvadorans, with the goal of increasing financial inclusion and innovation.
El Salvador's adoption of Bitcoin has been a bold move, with President Nayib Bukele citing the potential for increased financial access and reduced remittance costs. The country has also invested in Bitcoin, with its national treasury holding over 7,517 Bitcoins, valued at over $660 million.
The Bitcoin Zone at BINAES is open daily, providing a hub for learning and discussion about digital finance and cryptocurrency. This initiative demonstrates El Salvador's commitment to becoming a leader in the crypto space.