12min chapter

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The hunt for a quantum phantom, and making bitcoin legal tender

Science Magazine Podcast

CHAPTER

Chivo Wallet Adoption and Usage in El Salvador

This chapter discusses the usage and adoption of an app called 'Chivo Wallet' in El Salvador, which allows people to conduct transactions in Bitcoin and dollars. The speakers analyze the app's usage through their own survey and transaction analysis from the blockchain. They find that while awareness and adoption rates are relatively low, lack of trust, privacy concerns, and a lack of understanding contribute to the low utilization of the app and Bitcoin.

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