Bitcoin President set to be re-elected today with a record number of votes
Last Updated on 4 February 2024 by CryptoTips.eu
Can you imagine being a politician and 82% of all eligible voters claim they will re-elect you today. European and even North American leaders who see their popularity at its lowest level in years can only dream of it in 2024. But that is approximately the election result that Nayib Bukele of El Salvador, also called the Bitcoin president, will probably achieve today.
NEW: Chilean news channel covers the upcoming presidential election in đžđ» El Salvador showing 82% of respondents in a recent poll intending to vote for Bukele đ
— Bitcoin News (@BitcoinNewsCom) February 1, 2024
His closest competitor has just 4% đź
pic.twitter.com/bndcm6zZEu
Earlier this week, a survey was conducted in Chile about the voting intentions of Salvadorians. It turned out that the other presidential candidates would receive a meager 2 to 3 percent of the votes. Before you ask, according to almost all authorities in the world, the elections in El Salvador are very open and fair. Bukele, also known as the âBitcoin Presidentâ is simply too popular.
Economist
Crypto and Bitcoin seem to be taking a little break. So do the global stock markets. All this because Friday’s jobs report in the United States was much better than anticipated. As a result, analysts no longer know whether the Federal Reserve will cut interest rates this year or not. So we have to wait to see how markets react on Monday
In the meantime, we are presented with yet another election.
Both the famed Economist and the Financial Times had to admit it this week. One of the easiest election results of 2024 (a year in which about half the world’s population will go to the polls) is that of Nayib Bukele, the president of El Salvador. He is also known as the man who chose to make Bitcoin a legal means of payment in his country. His nickname therefore is the ‘Bitcoin president’.
Bitcoin City
In 2021, Bukele outlined his plans for âBitcoin Cityâ, a tax-free crypto haven powered by the geothermal energy of a nearby volcano. When the price of Bitcoin collapsed in 2022, the global media laughed at him for using government money to purchase crypto.
Flying to El Salvador with @sapiente77 for some business. Hoping to help the Bitcoin Mining space in Central America become a little more self-sufficient.
— TheCoinDad (@TheCoinDad) February 2, 2024
Had no idea @nayibbukele is so famous. Our hats got mad love at the airport in US and we not even there yet! #Bukele #btc pic.twitter.com/yU0qAK2mUZ
However, at the beginning of 2024, Bukele’s state investments in Bitcoin are once again profitable and he is more popular than ever (also because he managed to drastically reduce the number of murders in the country).
On the website ‘Nayibtracker’Â his people can follow the status of El Salvador’s investments in Bitcoin
Bitcoin City is still a distant dream, but Bukele will become the ‘Bitcoin president’ again after this weekend. Together with Javier Milei in Argentina, there are now two Bitcoin fans in power in South America. Who knows, this could be the start of something very beautiful in that region.