One day after the International Monetary Fund (IMF) called for a reduction in Bitcoin use, El Salvador bought 11 Bitcoins worth over one million dollars. President Nayib Bukele announced the purchase on Twitter and took advantage of the price drop to make the purchase. The IMF had previously expressed concerns about the financial risks and the impact on the country's debt. Despite these warnings, El Salvador is continuing with its Bitcoin strategy.
https://finance.yahoo.com/news/el-salvador-buys-bitcoin-dip-180013477.html
