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90 sats \ 2 replies \ @zuspotirko 5 Jul 2022 \ on: Is El Salvador Benefitting from Bitcoin? bitcoin
The other post on ElSalvador at the moment says that it would have been better in a slow and steady adoption and without the Chivo App Ponzi.
That sounds quite plausible to me but there probably is no way to know for sure - especially for someone like me who has never been there.
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0 sats \ 0 replies \ @servandofinn 6 Jul 2022
As an El Salvadorean, I would've downloaded the Chivo app, collected my $30, realized it was crap, and then downloaded Muun.
I'm not sure what the problem is. Is Chivo the main fiat on ramp? Are there ATMs widely available?
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0 sats \ 0 replies \ @kr OP 5 Jul 2022
Slow and steady is actually how El Salvador’s Bitcoin adoption journey began. Organic adoption at Bitcoin Beach happened well before the Bitcoin Law came into effect.
I think of Chivo as an addition to their Bitcoin ecosystem, but by no means the only solution.
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