Reddit crowd takes aim at Bitcoin as it becomes legal tender in El Salvador

The Bitcoin (BTC-USD) subreddit community is looking at a coordinated plan to buy the cryptocurrency to commemorate El Salvador's law making it legal tender. President Nayib Bukele tweeted yesterday that the country had purchased a total of 400 Bitcoins. It was three months ago (and with the price at $35K) that Bukele made a surprise appearance at Miami's Bitcoin 2020 conference to announce plans to make the crypto legal tender in his country. According to tweets, a large Brazilian Reddit (REDDIT) community with more than 3M users plans is being called on to buy $30 in Bitcoin. The law in El Salvador goes into effect at 3 p.m. local time (5 p.m. ET) and citizens will be able to download a digital wallet and receive $30 in Bitcoin after entering their ID number. Bitcoin (BTC-USD) is now down about 1%, moving below $52K. Reddit coordinating. In a post titled "So