The unfortunate truth is that almost no Salvadorans are using Bitcoin to pay for goods and services right now.
But at least they're prepared to, once the U.S. dollar loses value, inflation picks up, and the Bitcoin price rises once again.
The unfortunate truth is that almost no Salvadorans are using Bitcoin to pay for goods and services right now.
But at least they're prepared to, once the U.S. dollar loses value, inflation picks up, and the Bitcoin price rises once again.
It might take time but it’s good to know they’re prepared and the system is in place.
I think it’s one step at a time. They are conservative but later they will.
I have seen studies about it and it doesn't look like many are even using the BTC wallet after getting their free money.
It's pretty impossible to do day to day transactions aka microtransaction with bitcoin isn't it?
Well that's supposedly what the Lightning Network is for, and many businesses are using it here.
I knew they are smart people, they are probably holding their BTC as they know good times will come soon!
The more people who have some crypto for the next bull run, the better...
That's why it's important to spend some crypto, even during the bear market.