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Bitcoin Dives El Salvadors President Mocks Himself for Working

Date:2024-07-13 18:21:08 Channel:Wallet Read:

The sharp fluctuations in Bitcoin prices have always been the focus of the financial market, and the latest plunge has attracted widespread attention. What is even more surprising is that the President of El Salvador actually joked that he might have to work at McDonald's when the price of Bitcoin plummeted. This scene makes people think about the future trend of Bitcoin and the impact of digital currency on the global financial system.

In the field of digital currency, Bitcoin has always been the most representative existence. Its price fluctuations not only concern the interests of investors, but also involve changes in the global economic structure. In the name of promoting the legalization of Bitcoin, the President of El Salvador joked that he might have to work at McDonald's when the market plummeted. This self-mockery not only shows the president's humorous side, but also implies the uncertainty of the digital currency market.

The plunge in Bitcoin prices has caused widespread market shocks, and investors have fallen into panic. Digital gold, which was once highly expected, is now being tested in market fluctuations. The self-mockery of the President of El Salvador undoubtedly added a touch of humor to this market storm, and it also makes people wonder what the essence of digital currency is.

The rise of digital currency marks the progress of financial technology and has also brought a huge impact on the traditional financial system. The plunge of Bitcoin has made people begin to re-examine the nature and future development direction of digital currency. The self-mockery of the President of El Salvador may be a joke on the digital currency market, but it also reflects the uncertainty and risks of the digital currency market.

In the world of digital currency, risks and opportunities coexist. The plunge of Bitcoin may be just an episode in the development of this market, but it also makes people more vigilant about the risks of digital currency investment. The self-mockery of the President of El Salvador undoubtedly added a touch of humor to this market storm and made people pay more attention to the future trend of digital currency.

In general, the plunge in the price of Bitcoin has attracted widespread attention in the market, and the uncertainty of the digital currency market has also been highlighted. Although the self-mockery of the President of El Salvador is just a small episode, it reflects the complexity and variability of the digital currency market. In the future, the development direction of digital currency will attract more attention, and the trend of Bitcoin will also affect the nerves of the global financial system. I hope we can keep a clear head in this storm of digital currency and seize every investment opportunity.

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Bitcoin (BTC) was affected by the sharp drop in US stocks last week, and the price of the currency plunged sharply. On the 22nd, it once dropped to 34,000 US dollars. Compared with the high of 69,000 in November last year, the price was almost halved, and the overall cryptocurrency market value also evaporated by more than 1 trillion US dollars. 

In the midst of the market wailing, El Salvador, which has always strongly supported Bitcoin, also bought low again, spending 15 million US dollars to buy about 410 Bitcoins. El Salvador’s President Nayib Bukele proudly tweeted at the time: I thought I missed the low point, but I didn’t. Some people really sold it very cheaply. 

But yesterday morning (23), I don’t know whether Bukele saw that the price of the currency did not stand firm and felt that it was too early to buy the bottom; or because he saw that the market was in a low pressure and wanted to use a meme to make fun of the situation, he changed his Twitter avatar to a McDonald’s uniform. 

Note: In the cryptocurrency culture, when the price of a coin plummets, netizens often joke that they are going to work at McDonald's.

Humorous responses from netizens

This post by Bugle has been hotly discussed in the community, and has accumulated 123,000 Likes and 16,000 Retweets. Shibetoshi Nakamoto, one of the founders of Dogecoin, also replied to his message: Welcome to join the McDonald's family.

The community also invented a new cryptocurrency term wagwam, and we will all work at McDonald's.

Some netizens also accidentally discovered that the recent trend of Bitcoin seems to be very similar to the McDonald's logo...

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