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El Salvador Bitcoin experiment hits two-year milestoneRisks over El Salvador's embrace of bitcoin "have not materialized," but use of the cryptocurrency still requires transparency and attention. A Poor Country Made Bitcoin a National Currency. The Bet Isn't Paying Off. It brought El Salvador's president, Nayib Bukele, the adulation of. Concerns had grown that the government would default on this year's debt as President Nayib Bukele made a gamble on bitcoin, making El Salvador.