Salvadoran Prez to Build Veterinary Hospital With Profits from Bitcoin Funds

Shumaila  |  Oct 11, 2021

The president of El Salvador, Nayib Bukele has made announcements to invest a part of the $4 million profits the country has earned from its Bitcoin funds into the construction of a new veterinary hospital in the capital of San Salvador. Bukele also confirmed that while no BTC, however, the state would instead draw USD from its Bitcoin trust to fund the construction of the hospital.

The Decision to Invest in the Construction of Veterinary Hospital Using Bitcoin Funds

And a part of these funds will be invested into constructing a veterinary hospital in the capital of San Salvador, which will include four operating rooms, four emergency clinics, 19 offices, and a rehabilitation area.

“We decided to invest a part of that money in this: a veterinary hospital for our furry friends,” he said.

The hospital facility aims to perform 64 surgeries, respond to 128 emergencies, and tend to nearly 400 general appointments daily, Bukele stated while sharing a computer-generated mock-up plan of the hospital.

Twitteratis Criticize the Prez for Failing to Invest in Infrastructure Outside San Salvador

While this news was met with mixed reactions by users on Twitter, many citizens suggested alternative ways these funds can be used that would further strengthen the country's country's economic conditions or infrastructure.

One Twitter user for instance suggested that instead of constructing a veterinary hospital, these funds can be used in improving the existing condition of the hospitals and health facilities across the country. Some Salvadorans even criticized president Bukele for failing to invest in the infrastructure outside the local capital of San Salvador.

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