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National El Salvador BTC wallet 'Chivo' now has more active users (2.1 million) than any bank in the country, according to President Bukele

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by COINS NEWS 161 Views

Yesterday evening, Nayib Bukele, president of El Salvador announced via his twitter account that around a third of the country was now using the nation's BTC wallet 'Chivo'.

https://i.imgur.com/uHcFTzq.png

Despite all of the recent negative attention BTC adoption within the country has received, it appears crypto isn't so fervently disliked as certain media outlets would like it to appear.

The population of El Salvador is around 6.5million - not all of these will be adults with an income; it's also worth considering that as of 2019, around 33% of El Salvadorans had internet access. So, if the 2.1 million figure is accurate, it bodes well for the future use of BTC in the country, especially as we're only a month into its adoption (BTC only became legal tender on the 7th of Sept).

link to twitter post:

https://twitter.com/nayibbukele/status/1441846960332361730?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1441846960332361730%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.bolnews.com%2F%3Fp%3D267492

*reposted because there were too many BTC posts in top 50

submitted by /u/Raiwist
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