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Wednesday, July 13, 2022 4:14:00 PM
Salvadorans in the United States have also ignored Bukele’s call to use bitcoin to send money to relatives back home. Digital currency payment apps, such as Chivo, accounted for less than 2% of remittances in the first five months of this year, according to El Salvador’s central bank.
Bukele’s bitcoin push was dealt a further blow by a global cryptocurrency sell-off that wiped away hundreds of billions of dollars from the value of digital assets since March."
https://www.seattletimes.com/business/a-poor-country-made-bitcoin-a-national-currency-the-bet-isnt-paying-off/
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