Panama City Mayor Flirts with Bitcoin Reserve After Cozy Chat with El Salvador Bigwigs

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In a twist of fate that only modern geopolitics could concoct, Panama’s mayor casually dropped a hint after his meeting with none other than Max Keiser and Stacy Herbert, the dynamic duo behind El Salvador’s Bitcoin odyssey. Oh yes, this is happening!

Bitcoin Bonanza: Will Panama Follow El Salvador’s Daring Lead?

El Salvador, bless its bold little heart, has been the trailblazer in turning Bitcoin into its national treasure. As of May 15, 2025, the Central American nation holds a glorious stash of 6,179 BTC, worth a cool $644 million. This is a result of their unapologetic, relentless Bitcoin buying spree, even as the IMF wags its finger and tells them to dial it back a bit. The nerve!

Behind Closed Doors: El Salvador and Panama Dreaming of Bitcoin Mining Nirvana

In a chat that would make any crypto enthusiast giddy, Keiser and Herbert delved into the juicy details of how both nations could harness their natural resources for Bitcoin mining—El Salvador with its geothermal energy, and Panama with its vast hydroelectric potential. Meanwhile, Herbert threw in a gem of a tidbit: Panama City plans to incorporate El Salvador’s “What is Money?” financial literacy textbook into its online library. A move that screams “education, people!” while the rest of the world scratches its head.

The Future of Panama’s Crypto Ambitions: Just a Tease or the Real Deal?

So, while Mizrachi’s cryptic post hasn’t given much away (talk about a cliffhanger), the timing has everyone wondering: Is Panama City really eyeing a Bitcoin reserve? If so, watch out world, because Panama could soon lead the charge in regional cryptocurrency adoption. And just to keep the suspense alive, Mizrachi is slated to spill the beans at the Bitcoin 2025 conference in Las Vegas. Hold onto your wallets, folks!

Cointelegraph

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2025-05-17 16:36