當特朗普推動加密貨幣擴張時，薩爾瓦多的比特幣賭注加倍

如果在上一個加密冬季的最黑暗的日子裡，薩爾瓦多總統納伊布·布克利（Nayib Bukele）堅定地站在他國家的比特幣上，很難想像他現在退縮

El Salvador’s Bitcoin bet paid off in 2024 with the cryptocurrency surging past $100,000 and a pro-crypto Trump administration taking over the White House.

埃爾·薩爾瓦多（El Salvador）的比特幣賭注在2024年獲得了回報，加密貨幣飆升了100,000美元，而親克萊特托·特朗普（Crypto Trump）政府接管了白宮。

After a rocky start, El Salvador’s IMF deal came at a personal cost for Bukele, who had to relinquish El Salvador’s mandatory Bitcoin acceptance policy. However, the country doubled down on its crypto strategy, buying over two dozen Bitcoin in the first weeks of January.

艱難的起步之後，薩爾瓦多的IMF交易是為了個人費用的，布克利不得不放棄薩爾瓦多的強制性比特幣接受政策。但是，該國的加密戰略翻了一番，在一月份的頭幾週購買了超過兩十個比特幣。

Now, with President Trump pushing for cryptocurrency expansion in the US and exploring a national digital asset reserve, Bukele is doubling down—confident that Bitcoin’s best days, and El Salvador’s bet on it, are still ahead.

現在，隨著特朗普總統推動在美國進行加密貨幣擴張並探索國家數字資產儲備，布克利正在加倍努力，這是比特幣最好的日子，以及埃爾·薩爾瓦多（El Salvador）的賭注，仍然處於領先地位。

A Trump boost to Bitcoin

特朗普向比特幣提升

“This year, with Trump’s inauguration and the coming of age of Bitcoin ETFs, will be crucial for both Bitcoin and the broader ecosystem…and we’re reaping the benefits,” Bukele said at a press conference on Jan. 14.

布克利在1月14日的新聞發布會上說：“今年，隨著特朗普的就職典禮以及比特幣ETF的成年，對於比特幣和更廣泛的生態系統至關重要……我們將獲得收益。”

He predicted “a probably exponential” surge in value with the Republican president now leading the world’s largest economy, and with Bukele as one of the few, select guests to his inauguration ceremony—an event he ultimately would not attend.

他預測，共和黨總統現在領導著世界上最大的經濟體的“可能指數”的價值激增，而布克爾是少數幾位賓客參加他的就職典禮的一員，他最終不會參加。

Indeed, 2024 ended on a high note for Bukele. Once notorious for having one of the highest homicide rates in the world, El Salvador wrapped up the year as one of the safest countries in Latin America. Meanwhile, Bitcoin—boldly incorporated into the country’s national reserves—soared past $100,000 following the US election. To top it off, the IMF deal offered a pathway to ease El Salvador’s debt burden.

的確，2024年以伯克利的高調結束。曾經以世界上最高的兇殺率之一臭名昭著，薩爾瓦多將當年作為拉丁美洲最安全的國家之一。同時，在美國大選後，比特幣（現有納入該國的國家儲備中）超過了100,000美元。最重要的是，國際貨幣基金組織提供了一條途徑來減輕薩爾瓦多的債務負擔。

While some IMF conditions may constrain Bukele’s ambitions, experts argue the trade-off is worthwhile. Compliance would allow for a $1.4 billion loan, providing much-needed financial relief and marking a return to the international financial fold after years of relative isolation.

儘管某些國際貨幣基金組織條件可能會限制布克利的野心，但專家認為這是值得的。合規性將允許提供14億美元的貸款，提供急需的財務救濟，並在多年的相對隔離後標誌著國際財務的回報。

Government gross debt as a % of GDP. Source: IMF

政府總債務佔GDP的百分比。資料來源：IMF

“The IMF doesn’t mind the government promoting Bitcoin use voluntarily, but it does take issue with it being declared legal tender,” said Carlos Acevedo, a former Central Bank of El Salvador governor, in an interview with Cointelegraph.

“國際貨幣基金組織並不介意自願促進比特幣使用的政府，但它確實被宣佈為法定招標，”前薩爾瓦多州州長卡洛斯·阿塞維多（Carlos Acevedo）在接受Cointelegraph採訪時說。

Is El Salvador the new Singapore?

El Salvador是新的新加坡嗎？

Through a consistent accumulation policy, El Salvador’s Bitcoin holdings have now swelled to over 600 BTC

通過一致的積累政策，薩爾瓦多的比特幣持有量現在已經膨脹到600多個BTC

“You can call it our first Bitcoin piggy bank,” Bukele said last year after transferring the country’s crypto holdings to a cold wallet.

布克勒去年說：“您可以將其稱為我們的第一張比特幣銀行。”

El Salvador's Bitcoin holdings. Source: El Salvador's Bitcoin Office

薩爾瓦多的比特幣持有。資料來源：薩爾瓦多的比特幣辦公室

Reelected in 2024 after a landslide victory, Bukele’s presidency has been marked by a controversial but widely supported crackdown on organized crime, which has led to mass detentions and drawn criticism from human rights groups. Despite this, his hardline approach has earned him widespread popularity among Salvadorans.

在兩國滑坡的勝利之後，在2024年連任，布克爾的總統任期的標誌是有爭議但廣泛支持對有組織犯罪的鎮壓，這導致了大規模拘留並受到人權組織的批評。儘管如此，他的硬線方法還是在薩爾瓦多人中贏得了他的廣泛流行。

But Bukele’s vision for the country extends beyond public safety. Leveraging his background as an advertising executive, he is on a mission to rebrand the small, resource-scarce nation as a global cryptocurrency haven to attract international investors and grow its economy.

但是布克利對該國的願景超出了公共安全。在利用自己作為廣告主管的背景下，他的任務是將這個小型的資源儲蓄國家重塑為全球的加密貨幣避風港，以吸引國際投資者並發展其經濟。

El Salvador is gradually becoming a hotspot for crypto firms thanks to its crypto-friendly regulations. Recently, Tether, a dominant force in the stablecoin market, announced it would relocate to El Salvador after securing a license as a digital asset service provider. The co-founders of USDT, the world’s biggest stablecoin, have even moved their residences to the country.

由於其對加密貨幣友好的法規，埃爾·薩爾瓦多（El Salvador）逐漸成為加密貨幣公司的熱點。最近，斯泰特（Stablecoin）市場中的主要力量繫繩（Tether）宣布，它將在獲得數字資產服務提供商的許可後將其遷至薩爾瓦多（El Salvador）。全球最大的穩定者USDT的聯合創始人甚至將其住所轉移到了該國。

“The profit from Bitcoin investment is just a number; it doesn’t mean much compared to the brand value of the whole project,” said Stacy Herbert, head of El Salvador’s National Bitcoin Office, in an interview with Cointelegraph.

“比特幣投資的利潤只是一個數字；與整個項目的品牌價值相比，這並不多。”薩爾瓦多國家比特幣辦公室負責人史黛西·赫伯特（Stacy Herbert）在接受Cointelegraph採訪時說。

Herbert added that other crypto companies are also in the process of securing licenses. According to Guilherme Rebane, a partner at digital asset trading firm Nonco, El Salvador’s tailor-made regulations for Bitcoin and the broader crypto sector, combined with strong industry momentum, bode well for the industry in El Salvador.

赫伯特補充說，其他加密公司也在獲得許可證。據薩爾瓦多（El Salvador）對比特幣和更廣泛的加密貨幣領域的量身定制的法規Guilherme Rebane表示，與薩爾瓦多（El Salvador）行業的bode相結合，比特幣和更廣泛的加密貨幣領域的量身定制法規。

“We can expect greater interest from companies looking to explore opportunities here, and Tether’s move has certainly drawn increased attention,” he said.

他說：“我們可以期望希望在這裡探索機會的公司更加興趣，而Tether的舉動肯定引起了人們的關注。”

Indeed, having one foot in this Bitcoin-friendly nation is seemingly becoming a powerful marketing tool as well.

的確，在這個對比特幣友好的國家中有一隻腳似乎也正在成為一種強大的營銷工具。

“My impression is that Tether is coming to El Salvador as a way to expand its global reputation,” said Eloísa Cardenas, Chief Innovation Officer at Monetae, an El Salvador-based exchange.

總部位於薩爾瓦多的Exchange Monetae首席創新官EloísaCardenas說：“我的印像是，系塞特（Tether）來到薩爾瓦多（El Salvador），以擴大全球聲譽。”

Related: Failure or 5D chess? El Salvador IMF deal walks back Bitcoin adoption

相關：失敗還是5D國際象棋？ El Salvador IMF交易採用比特幣

Bitcoin use and adoption challenges remain

比特幣使用和採用挑戰仍然存在

Despite the global attention El Salvador’s Bitcoin strategy has garnered, local adoption has been less encouraging.

儘管薩爾瓦多的比特幣戰略已經引起了全球關注，但當地採用的令人鼓舞。

A recent poll revealed that just 7.5% of Salvadorans have used Bitcoin so far. During a visit by a Cointele

最近的一項民意調查顯示，到目前為止，只有7.5％的薩爾瓦多人使用了比特幣。在山脈訪問期間