Nayib Bukele says 44 countries to meet in El Salvador to discuss bitcoin


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Nayib Bukele, the president of El Salvador, tweeted late Sunday that 44 countries will meet in El Salvador on Monday to discuss bitcoin, among other things.

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“Tomorrow, 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoin rollout and its benefits in our country,” wrote Bukele.

Those central banks and authorities are primarily from developing countries, including Nigeria, Egypt, Nepal, Pakistan, Bangladesh, Kenya, Uganda, Rwanda, Paraguay, Angola, Guinea and Madagascar.

Bukele’s tweets come a day after the Twitter account “Bitcoin Beach” said several countries are flying to El Salvador, confirming the meeting. The Bitcoin Beach account describes itself as “the little community that helped Orange Pill the world’s first Bitcoin nation” in its Twitter bio.

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It is unclear whether these countries are meeting especially to discuss bitcoin and what their specific agenda is.

El Salvador became the first nation to adopt bitcoin as a legal tender last September. It also holds the cryptocurrency on its balance sheet, having accumulated over 2,000 bitcoins to date (worth over $60 million at current prices).

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