El Salvador don okay without end reelection, dey push Bitcoin plan

El Salvador legislative assembly don approve changes for their constitution wey go allow President Nayib Bukele to fit run for president again dey go on indefinitely. Dem extend the term from five years go six, dem cut off runoff votes and dem join the presidential election and legislative election together, to save like $50 million every election cycle. Critics dey warn say this fit concentrate power, weak the democratic checks and fit bring wahala of authoritarianism, especially as some opposition lawyers don dey arrested. But supporters talk say with 78% people approval, this way dem dey return power to people and the money wey dem save fit be used for public projects. For crypto side, government talk say dem dey buy Bitcoin everyday, dem get 6,255.18 BTC even though IMF talk say no new buy since the $1.4 billion loan wey dem get for December 2024. El Salvador still sign agreement with biggest bank wey dey Bolivia to make crypto infrastructure better for the region. Traders suppose watch how this power centralization from presidential reelection plan and the way government dey handle Bitcoin fit affect market confidence and how people go fit use crypto well.