JAKARTA – El Salvador, a country that adopted Bitcoin as its official currency, plans to establish dozens of schools and animal hospitals after profiting from Bitcoin ownership.
El Salvador's Presidential Press Secretary, revealed the plan for the future of El Salvador. The government stated that Bitcoin investment turned out to be profitable. They plan to finance the construction of schools and hospitals.
Local media reported that the construction of the 20 schools will be aimed at supporting crypto education for the local community and joining 400 schools in the My New School program.
On September 7, El Salvador officially announced BTC as a legal tender despite protests and criticism from various circles, from the public to the IMF. The figure who played an important role in the decision was President Nayib Bukele himself.
BitcoinInsider mentions that El Salvador has 1,120 BTC, its last purchase was last October for 420 BTC. MicroStrategy's CEO, Michael Saylor, called bitcoin "the most disruptive technology of the decade."
Regarding the animal hospital project, President Nayib Bukele explained that the facility will be equipped with offices, classrooms, auditoriums, health posts, operating rooms, consultation rooms, rehabilitation, quarantine rooms, and inpatient care. The hospital is also predicted to be able to handle 32 x-rays, 100 emergency patients, 384 consultations, and 64 operations per day.
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