Officials and analysts think these institutions will offer deposits, lending and payments in bitcoin. This would make the South American nation the only country in the world with bitcoin deeply embedded in its core banking infrastructure.

https://bitcoinnews.com/adoption/el-salvador-bitcoin-bank/

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we already have Bitcoin banks, except they are called Bitcoin exchanges.

El Salvador already tried building a Bitcoin app and failed so I suspect they will fail with this project too

Y’all know where South America is? Or where El Salvador is? 🤦🏼‍♂️