Nayib Bukele Transforms El Salvador
This is a El Salvador news story, published by MSN, that relates primarily to Nayib Bukele news.
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crypto havenCryptopolitan
•Nayib Bukele’s El Salvador has turned into a far-right success story with Bitcoin
72% Informative
President Nayib Bukele has turned El Salvador into a country unlike any other, blending authoritarianism with digital innovation.
The small Central American country has gone from being one of the world's most violent to going 24 straight murder-free days in December .
Bitcoin , Nayib ’s signature move since 2021 , broke past $ 100,000 and the IMF agreed to lend $1.4 billion .
His gilded displays—like portraits of him and his wife flanking presidential seals at the airport—evoke memories of past dictators. Nayib ’s ambitions appear boundless. His aides describe him as pragmatic, willing to privatize or hand out aid depending on the situation. “His model is Singapore or South Korea ,” one aide said. But his path to that vision comes with mounting costs. For now, the world watches as the “crypto king” forges ahead..
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