everyone said el salvador's bitcoin experiment failed

8% adoption. citizens dont use it. the imf made them strip legal tender status. mainstream media declared victory.

but heres what theyre not talking about...

bukele never stopped buying. signed the imf deal in february. agreed to halt purchases as part of a $1.4 billion loan package. then kept stacking anyway. 1 btc per day. sometimes more. when bitcoin dropped below $90k in november, his government bought 1,100 btc in a single day.... their largest purchase ever.

when asked if hed stop, he said "if it didnt stop when the world ostracized us and most 'bitcoiners' abandoned us, it wont stop now, and it wont stop in the future." thats not a politician talking. thats conviction.

the imf claims el salvador hasnt bought bitcoin since february. bukeles bitcoin office says otherwise. on-chain data shows daily transfers from exchanges to government wallets. someone isnt telling the full story. but heres what we know for sure: el salvador now holds roughly 7,500 btc. bought for around $300 million. worth over $700 million today. unrealized gains of $400 million plus.

the imf wanted them to stop. they didnt. the world called it reckless. they kept going.

and while everyone was busy mocking the "failed experiment".... the country went from murder capital of the western hemisphere to the safest nation in central america. tourism doubled. credit ratings upgraded. crypto companies are relocating there. bukele met with white house crypto adviser bo hines in june to discuss international digital asset regulation.

heres what most people miss about this whole thing: bukele was never trying to make bitcoin a payment network. he was building a sovereign treasury.

the chivo wallet was a sideshow. the legal tender thing was marketing. the real play was always accumulation. a small nation with limited resources positioning itself for a world where hard money matters more than hard power.

the game isnt about buying coffee with sats. its about a small country stacking while bigger nations are still debating whether to study it. less than 1% of businesses globally hold bitcoin. el salvadors government now holds more than most fortune 500 companies combined.

critics say he gambled with public money. maybe. but the alternative was what exactly? keep borrowing from the imf forever? keep watching the colon lose value? keep being a small country with no leverage in a world run by money printers?

bukele bet on scarcity in an age of infinite printing. he bet on math in an age of politics. and so far.... the math is winning.

theyll either look foolish or prescient. history suggests which one.

are you paying attention... or just reading headlines?