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El Salvador’s National Library Launches Dedicated Bitcoin Section for Public Education

17 February 2025
in Bitcoin, News
Reading Time: 3 mins read
106 5
Home Explore Bitcoin

El Salvador’s National Library (BINAES) is launching a dedicated Bitcoin section to promote public understanding of the cryptocurrency.

This initiative will feature a curated collection of Bitcoin literature and an operational full-node display, spearheaded by Bitcoin educator PupusasG, a prominent Salvadoran advocate and CUBO+ graduate, to solidify Bitcoin’s role in the financial system.

Known for his previous work with the Node Nation program, which introduced Bitcoin concepts to high school students, PupusasG is committed to enhancing Bitcoin education nationwide. Supporting the new initiative at BINAES is Mario José López, a representative of El Salvador’s Bitcoin Office.

The section will include top Bitcoin-related books to provide insights into its technology and economic impact. Visitors can also see a live Bitcoin node to learn how it operates within the network. A rendering of the upcoming bookstand shows the library’s dedication to promoting Bitcoin literacy.

Meanwhile, on February 14, President Nayib Bukele met with Michael Saylor, the founder of MicroStrategy, at the Casa Presidencial to discuss Bitcoin, as reported by El Salvador’s National Bitcoin Office (ONBTC). Bukele later shared a photo on X, showing the two Bitcoin advocates dining together at the presidential palace. At the same time, data from Arkham Intelligence revealed that El Salvador added one Bitcoin to its holdings, increasing its total to 6,077 BTC, valued at approximately $590 million.

Notably, El Salvador’s Congress has quickly approved Bitcoin policy reforms after President Nayib Bukele submitted them, aligning with the conditions of its $1.4 billion IMF loan agreement. Previously excluded from traditional financial markets due to high debt and Bitcoin adoption, IMF support was sought for economic stabilization. Recent amendments made Bitcoin acceptance voluntary, restricted tax payments to U.S. dollars and scaled back government crypto initiatives like the Chivo wallet. Despite these changes, Bitcoin remains legal tender, and the country holds 6,049 BTC, worth $633 million.

 

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Tags: BitcoinBukeleEl SalvadorSaylor
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Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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