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Why The "Bitcoin President" Is Really More Of An "Ethereum President"


Published on 2025-01-23 07:00:57 - Forbes
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  • Donald Trump's recent cryptocurrency moves reveal a more substantial alignment with Ethereum's ecosystem than Bitcoin, challenging the "Bitcoin President" label and

The article from Forbes, published on January 23, 2025, discusses the misnomer of labeling El Salvador's President Nayib Bukele as the "Bitcoin President." Despite his country's adoption of Bitcoin as legal tender in 2021, Bukele's policies and actions suggest a stronger alignment with Ethereum. The piece highlights that while Bitcoin was the first cryptocurrency to gain widespread recognition, Ethereum's smart contract capabilities offer more practical applications for government and economic development. Bukele's initiatives, including the development of "Volcano Bonds" and the creation of a national digital securities exchange, are more closely tied to Ethereum's blockchain technology due to its programmability and the potential for decentralized finance (DeFi) applications. This shift indicates a broader trend where countries might look towards Ethereum for its technological advantages in executing complex financial and governmental operations.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/beccabratcher/2025/01/23/why-the-bitcoin-president-is-really-more-of-an-ethereum-president/ ]
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