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SLP340 Peter Young - El Salvador On The Ground & Free Private Cities

Stephan Livera Podcast

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The Issues With Chivo Payments in El Salvador

There were issues at the time that I was in El Salvador in October and there were issues now. When people are paying in Bitcoin, they're normally using a centralized payment system like Alipay or WeChat Pay. But for people like me that aren't Salvadorian citizens, we don't have the Chivo wallet because you need a government ID to use it. And unfortunately, this is a problem with Chivo wallet. It's the technical issue that can totally be solved. The reason why it's got these teething issues is because it's trying to have this seamless interface with the US dollar.

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