El Salvador President Nayyib Bukele stated that the Chivo cryptocurrency wallet has more active users than any Salvadoran bank.
Nayib Bukele wrote on Twitter, that more than 2.1 million people not only downloaded, but also actively use the Chivo app. In a relatively short period of time, the wallet “has attracted more users than any bank in El Salvador and is moving towards having more users than all the banks in the country combined.”
The government of El Salvador has promised local residents that they will receive $ 30 to the account of the cryptocurrency wallet when it is loaded. Eight hours after launch, Chivo has become the most popular financial app on Apple and Google playmarkets in El Salvador.
The launch of the app, which took place on September 7, was not without technical glitches and public discontent, but over the past three weeks, residents of El Salvador have begun to actively use the Chivo wallet in their daily transactions.
El Salvador recognized bitcoin as a means of payment amid protests from residents and a barrage of international criticism. And although the prices of goods in stores will remain in dollars for the time being – writing “0.00000001 BTC per kilogram of tomatoes” was not very convenient – perhaps the president of the country managed to challenge the whole world.
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