【ChainNews】El Salvador is integrating Bitcoin and artificial intelligence as a long-term national strategy. As of January this year, their treasury has accumulated 7,517 Bitcoins, with a reserve value exceeding $660 million at current prices.
The implementation plan is quite clear—leveraging abundant domestic geothermal energy to build data centers and AI industrial zones, providing tax exemptions for automation industries and decentralized financial services. In other words, they are using their energy advantage to create a dual engine for Web3 and AI.
It is worth noting that El Salvador recently passed a legal amendment, changing Bitcoin from a mandatory to a voluntary legal tender, while ensuring that taxes are still denominated in USD. This subtle policy adjustment unexpectedly gained support from the International Monetary Fund, which subsequently approved $1.4 billion in funding. This flexible policy stance seems to have opened the door to international financing.
On the education and technological cooperation front, El Salvador is also partnering with leading tech companies like xAI to promote AI-driven educational programs nationwide through the Genius Act initiative. This is not only an economic policy adjustment but also a step toward digital upgrading for society as a whole.
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HypotheticalLiquidator
· 9h ago
7500 tokens sound like a lot, but can they really withstand systemic risk? From a risk control perspective, this is essentially betting the nation's fortune on volatility. Once the liquidation price is triggered... the dominoes will start falling.
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GateUser-c802f0e8
· 9h ago
Salvador's move this time is quite clever, first challenging the IMF aggressively and then achieving a soft landing. Now the IMF is even giving money, haha.
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not_your_keys
· 9h ago
Salvador's move this time is truly brilliant, combining both soft and hard tactics. Geothermal energy + Bitcoin + AI, this is real strategic vision. Even the IMF has been convinced haha
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MetaverseLandlord
· 9h ago
Wow, Salvadore is playing some impressive moves. From directly confronting the IMF to now securing $1.4 billion in support, their political skills are top-notch.
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DAOTruant
· 9h ago
Salvador's combination really is awesome—geothermal + Bitcoin + AI—directly turning itself into a crypto haven. Even the IMF has to give face, haha.
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RektButAlive
· 9h ago
El Salvador's move is brilliant, first appease the IMF, then secretly push Bitcoin... maximizing strategic play.
El Salvador announces Bitcoin + AI national policy, treasury reserves exceed 7,500 coins
【ChainNews】El Salvador is integrating Bitcoin and artificial intelligence as a long-term national strategy. As of January this year, their treasury has accumulated 7,517 Bitcoins, with a reserve value exceeding $660 million at current prices.
The implementation plan is quite clear—leveraging abundant domestic geothermal energy to build data centers and AI industrial zones, providing tax exemptions for automation industries and decentralized financial services. In other words, they are using their energy advantage to create a dual engine for Web3 and AI.
It is worth noting that El Salvador recently passed a legal amendment, changing Bitcoin from a mandatory to a voluntary legal tender, while ensuring that taxes are still denominated in USD. This subtle policy adjustment unexpectedly gained support from the International Monetary Fund, which subsequently approved $1.4 billion in funding. This flexible policy stance seems to have opened the door to international financing.
On the education and technological cooperation front, El Salvador is also partnering with leading tech companies like xAI to promote AI-driven educational programs nationwide through the Genius Act initiative. This is not only an economic policy adjustment but also a step toward digital upgrading for society as a whole.