Express

50% of El Salvador's Population Has a Bitcoin Wallet

Amy Liu

Summary: El Salvador is making history as the first country in the world where 50% of its population has a bitcoin wallet. “3 million Salvadorans are already using the Chivo wallet,” Nayib Bukele, El Salvador’s president, said. That’s out of a population of 6.4 million with about 800,000 of them being children under ten, making it ...

El Salvador is making history as the first country in the world where 50% of its population has a bitcoin wallet. “3 million Salvadorans are already using the Chivo wallet,” Nayib Bukele, El Salvador’s president, said. That’s out of a population of 6.4 million with about 800,000 of them being children under ten, making it more than half of all adults that are now bitcoining. Main stores, including supermarkets, accept the crypto for payment. Apps like Chivo and Strike now make conversion from dollars to bitcoin and vice versa pretty much instant.

By Amy Liu

Last Update:

Tags: ,,
Link: 50% of El Salvador's Population Has a Bitcoin Wallet   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 14 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago
  • You need to login to comment.