El Salvador will build a $4M veterinary hospital using its Bitcoin trust profits

Nayib Bukele, the president of El Salvador, promised that they will use the profit made from the Bitcoin they had invested earlier to fund this project and that no Bitcoin will be sold.

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President Bukele wishes to allocate a portion of this large profit made from the country’s investment in Bitcoin to build a new veterinary hospital in San Salvador.

The $4 million profit was obtained from El Salvador’s state-operated Bitcoin trust, reported Bukele on Sunday on Twitter. Part of the profit will be used to build a veterinary hospital with great healthcare facilities. This hospital, as Mr. President says, has 4 operating rooms, 4 emergency clinics, a rehabilitation area, and 19 offices.

President Nayib Bukele also said that:

"We decided to invest a part of that money in this: a veterinary hospital for our furry friends".

The Salvadorian president shared a 3D mock-up model of this hospital in a video on his Twitter. This hospital, he claims, will be able to hold 64 surgeries in its 4 operating rooms, tend almost 400 general appointments every day, and take care of 128 emergencies.

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Source: Twitter

Despite the good intention behind this decision to build the hospital, this idea was met with a bunch of reactions on Twitter, and some of the users believed that there were other ideas better than the hospital. For example, a user called Norma De Serrano suggested spending the profit on improving the existing medical facilities all around the country. A large number of other users also agreed with him by posting similar comments. And one person criticized the lack of investment outside the capital city of El Salvador.

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El Salvador

Bitcoin

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El Salvador

Bitcoin