Tuesday, April 23, 2024

El Salvador plans to erect $4M veterinary hospital from Bitcoin trust profits

President of El Salvador Nayib Bukele has confirmed that the country will construct a veterinary hospital with the funds accumulated from El Salvador’s Bitcoin Trust. The veterinary hospital would be built in the capital of San Salvador. According to official estimates, El Salvador has nearly $4 million in profits from its Bitcoin trust. Nayib Bukele himself made this announcement on Twitter.

In his tweets, Bukele gave details about the construction of the structure. According to the details, the veterinary hospital would have four operation rooms, 19 offices, one rehab space, and four emergency units. Once completed, it would be the largest veterinary hospital in El Salvador. The hospital would be capable of 500 regular visits, 128 emergencies, and 64 operations on a regular basis. Bukele also added a computer-generated video of the proposed building plan.

As the news broke out, it received different reactions from different sections of society. On the whole, it is easy to see that most people think it is a bad idea. Some social media users were quick to point out that the country’s existing medical facilities already lack infrastructural development. In this context, it appears rather extravagant to spend money on a super specialty veterinary hospital. Another section of users was angry at the fact that El Salvador concentrates all developmental projects within the country’s capital. Regions outside the capital remain ignored and without basic infrastructure. Since the proposal is still at its nascent stages, some people were skeptical of its efficacy and viability.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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