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El Salvador Splits Up Its Bitcoin Stash for Better Security 🔐
El Salvador just reshuffled its Bitcoin treasury. A bold move. The country had all 6,274 BTC (worth about $678 million) sitting in one digital address. Now? They've spread it across 14 different wallets. None holds more than 500 BTC.
This feels like a smart security upgrade. Their monetary system is kind of unique—both U.S. dollars and Bitcoin remain legal tender in 2025. The country seems committed to this dual-currency experiment.
Why the change? It seems they're worried about quantum computing threats. Keeping everything in one place? Too risky. Multiple wallets make more sense.
The Bitcoin Office made it official. They posted about it online. Protecting national digital assets matters to them.
Meanwhile, El Salvador's economy shows some interesting patterns. Slight deflation in 2025. Consumer prices down 0.11% compared to last year in August. Fifth month in a row prices have dropped 📉. Food costs fell 1.24%. Not entirely clear if Bitcoin has influenced this stability.
This wallet redistribution shows growth. El Salvador's wild financial experiment continues 🌕. They're learning. Adapting.