In 2021, the Republic of El Salvador became the first country in the world to adopt Bitcoin as its legal tender, instantly propelling itself to the forefront of the Crypto Assets world. President Bukele once boldly claimed that BTC would lead this small Central American country to the pinnacle of financial innovation. However, three years later, this 'BTC utopia' experiment has taken a dramatic turn - the country announced its decision to abandon Bitcoin's legal tender status. From being a 'crypto world pioneer' to a 'major failure,' El Salvador's journey with BTC has been filled with controversy and twists and turns.#加密市场回调
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In 2021, the Republic of El Salvador became the first country in the world to adopt Bitcoin as its legal tender, instantly propelling itself to the forefront of the Crypto Assets world. President Bukele once boldly claimed that BTC would lead this small Central American country to the pinnacle of financial innovation. However, three years later, this 'BTC utopia' experiment has taken a dramatic turn - the country announced its decision to abandon Bitcoin's legal tender status. From being a 'crypto world pioneer' to a 'major failure,' El Salvador's journey with BTC has been filled with controversy and twists and turns.#加密市场回调