El Salvador continues to purchase one bitcoin per day despite the cryptocurrency’s price decline. Under the leadership of Nayib Bukele, who marked seven years in office on June 1, the country has accumulated more than 7,000 bitcoins.

El Salvador, which legalized Bitcoin in 2021, has traded the struggling cryptocurrency for soaring gold.

The Salvadoran National Bitcoin Office believes that in the future, quantum computers could crack public and private key cryptography using the so-called Shor's algorithm.