"Perfect money (Bitcoin) needed a great leader (President Bukele) for the extraordinary to manifest as it has done in El Salvador. In 500 years from now, President Bukele's transformation of this society will be taught alongside those of the Renaissance, the Enlightenment, Ancient Rome and Ancient Greece." - Stacy Herbert

The latest news out of El Salvador suggests that the government's bet on the king crypto (Bitcoin) is paying off. According to Treasury Minister Alejandro Zelaya, the government has successfully repaid one of two outstanding $800 million bonds. This move is likely to allay concerns about a potential default, which had grown amid the country's adoption of BTC as legal tender.

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