In a significant move to bolster education in Honduras, President Nayib Bukele of El Salvador has donated two Bitcoins—valued at approximately $133,000—to support the construction of 1,000 schools in the country. This donation was made to philanthropist Shin Fujiyama, the founder of the nonprofit organization Students Helping Honduras, which aims to combat poverty through educational initiatives.
Fujiyama is currently undertaking a charity run spanning 3,000 kilometers to raise funds for this ambitious project. During a heartfelt video message, he expressed profound gratitude to President Bukele, praising his leadership and commitment to Bitcoin.
Since declaring Bitcoin legal tender in El Salvador in 2021, President Bukele has been a staunch advocate for the cryptocurrency, promoting its adoption to invigorate the nation’s economy. His recent donation is part of a broader strategy to integrate Bitcoin into daily life and harness its potential for positive societal change.
Despite facing some obstacles in Bitcoin’s adoption within El Salvador, Bukele remains undeterred, reaffirming the government’s policy of acquiring one Bitcoin daily. This latest contribution not only underscores his dedication to economic development through cryptocurrency but also emphasizes the humanitarian impact that such donations can have on communities.
As Bitcoin’s value continues to appreciate, this donation is poised to play a vital role in enhancing educational opportunities for children in Honduras.
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