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El Salvador to host world’s first state-sponsored Bitcoin conference

Source: AI generated

NEWS IN BRIEF
  • El Salvador is set to host Bitcoin Histórico, the world’s first government-backed Bitcoin conference, on November 12–13, 2025.
  • Recently, El Salvador transferred its entire Bitcoin reserve from a single address into 14 new addresses.
  • El Salvador currently holds around 6,220 BTC in its reserves.

El Salvador is set to host Bitcoin Histórico, the world’s first state-sponsored Bitcoin conference, on November 12–13, 2025, in the historic center of San Salvador. Organized by the National Bitcoin Office, the event transforms Centro Histórico into a hub of discussions, workshops, and cultural activities. 

Cultural & institutional significance

The main stage will be hosted at the National Palace, with keynote speeches broadcast to Plaza Gerardo Barrios. Additional sessions will take place at the National Library (BINAES) and the National Theater.

Prominent speakers include billionaire Ricardo Salinas, author Jeff Booth, Bitcoin advocates Max Keiser, Stacy Herbert, and Jack Mallers, and industry figures like Pierre Rochard, Jimmy Song, Darin Feinstein, and Lina Seiche.

The events in the conference will be based on themes like financial freedom, cultural resurgence, infrastructure, regulation, energy use, and public understanding of Bitcoin. Ticket options include general admission at $350 and a VIP “Genesis Crown Pass” at $2,100, offering exclusive networking opportunities.

Strategic redistribution for security

The announcement of the event comes just on the heels of El Salvador transferring its entire Bitcoin reserve into 14 different wallets. This amounts to 6,284 BTC valued at around $682 million that was moved from a single address into multiple new addresses. Each address now holds no more than 500 BTC, with the funds split across 14 separate wallets.

One of the primary reasons behind this decision was to enhance security. Experts warn that advancements in quantum computing could eventually enable attackers to break traditional elliptic-curve cryptography. Bitcoin public keys are exposed on the blockchain after a transaction, and using a single address repeatedly heightens the risk. By distributing the reserve across unused addresses, the government significantly minimizes potential exposure.

Public transparency via dashboard

Beyond quantum risks, it contends with Bitcoin’s notorious price volatility, regulatory scrutiny, and criticism from institutions like the IMF, which has urged restraint in further accumulation. To ensure transparency, El Salvador launched a public dashboard where anyone can monitor the aggregate holdings and individual wallet addresses in real-time.

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