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El Salvador’s Chivo Bitcoin Wallet Still a Headache for Locals

From decrypt.co

Two months after El Salvador's state-sponsored Bitcoin wallet launched by gifting Salvadorans $30 worth of the cryptocurrency, many still don't know what to do with the tech. When Chivo wallet kicked off on September 7, it suffered technical glitches, with citizens unable to download the app. And when they finally did have it on their phones, there were reports it didn't work. More than two months later, getting it off the ground remains a struggle. Chivo is the brainchild of El Salvador's government: a crypto wallet for citizens to use Bitcoin in their everyday lives. It came after the country's eccentric but ... (full story)

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  • Category: Fundamental Analysis