3min chapter

Business Daily cover image

El Salvador’s Bitcoin gamble

Business Daily

CHAPTER

The Chivo Wallet Is a Huge Success, With Almost Zero Fees

The government gives every adult who signs up 30 dollars in bit coin forr it's also installed hundreds of kiosks, allowing people to turn dollars into bit coin and vice versa. The ap has been a huge success, with more than four million down loads. But surveys suggest usage of the ap is waning and that salvadorans are confused about this new technology.

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