Wednesday, January 19

They build a veterinary hospital in El Salvador with “profits” from Bitcoin

All treatments will cost 25 cents, which must be paid through the bitcoin wallet Chivo Wallet.

Edward Smith / Getty Images

San Salvador, Nov 1 (EFE) .- The president of El Salvador, Nayib Bukele, laid the first stone of the construction of a public veterinary hospital that will be financed with the “profits” supposedly generated by the purchase of Bitcoin with state funds.

“This veterinary hospital is a campaign promise” and “This hospital is taking over the proceeds from the purchase of Bitcoin“Said the president and added that it is” the first public work in the world “built with the benefits of cryptocurrencies.

He indicated that this hospital, which will also treat domestic animals abandoned on the streets, “is not built by the State,” but rather a private company created by an autonomous state.

Added that all The treatments will cost 25 cents, which must be paid through the Bitcoin wallet Chivo Wallet to encourage its use.

The President of El Salvador, Nayib Bukele, said that the hospital will be achieved thanks to the profits of the cryptocurrency.

They will be, Bukele assured, “first-rate facilities” that will have the capacity to offer 384 consultations, 128 emergencies, 64 surgeries, 63 hospitalizations, among other services, for which 300 people will be hired.

Bukele announced that he will also present to the Legislative Assembly a proposal for an animal welfare law, which includes sanctions against animal abuse and the Penal Code would be modified.

Bitcoin schools

The president, without revealing the cost of the works, announced that the country has “a couple of million more dollars left over” generated by the purchase of Bitcoin, with which the first “20 Bitcoin schools” will be created.

He did not reveal the schools that will be “remodeled” and will have “all the technology thanks to the Bitcoin trust.”

On September 7, El Salvador became the first country in the world to give legal tender to this cryptocurrency and has bought 1,120 bitcoins to date, without it being known if it still maintains all of them.

According to an analysis by the academic journal Disruptiva, at least until October 28, El Salvador would have spent more than 59.7 million dollars in the purchase of bitcoins, which with the rise in price would have increased their value by about 9.23 million dollars. Dollars.

The Legislative Assembly gave the Government more than 200 million for the adoption of bitcoin, of which 150 are for a fund administered by the Development Bank of El Salvador (Bandesal).

This bank has refused to reveal the information about the operations carried out in bitcoin with the millionaire fund and indicated that they are under reserve, so that citizens cannot know the details of the management of these resources.

Outstanding adoption of Bitcoin

President Bukele highlighted the adoption of bitcoinWithout, in his opinion, the “horrible things” indicated by the opposition were fulfilled.

“They lied. Nothing that they said was going to happen happened and everything that we said was going to happen is happening. The people who want to use it (the government wallet) have had benefits, the people who do not want to use it, nothing has happened to them ”, he added.

The president did not echo the hundreds of complaints collected by social organizations on social networks and the notices placed before the Prosecutor’s Office for the alleged identity theft to collect a bonus given by the Government solely for registering.

“We are seeing additional benefits” and “if the price of bitcoin continues to rise, new works will come for the benefit of our people that do not touch a penny of the general budget of the nation,” he concluded. EFE

Also read:
Burger King will give away 20 Bitcoins, and other cryptocurrencies, in a new promotion
· Walmart installs 200 Bitcoin ATMs in US stores.

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