In spite of the protests, it seems things are proceeding rather well with El Salvador embracing Bitcoin.
For a country of 6.5 million people, that is a great start considering it is less than a week.
We will have to see how quickly other countries embrace this.
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We knew things might be a little rocky at the start, but I'm pulling for them to benefit from this change. If succsessful, this could end up spreading all over the world.
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Anything that encourages adoption of cryptocurrency from average users is okay in my book.
This is what we need. Too bad it is at the hand of a government but so be it. Let them use the threat of their guns and jail to aid us for once.
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I think it's just downloaded and each one of these people get some free BTC from the government right? I wonder how many of them stick to using it though.
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That's right. They get $30 worth of BTC each.
It does seem that number is for wallets downloaded indeed
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It may be a low amount, but it's enough to let people see for themselves if it's worth having or not. If anyone catches the crypto bug, he or she can always buy more.
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That's true. I think a good portion of the citizens who get the airdrop will do some research to learn more about that
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That's a massive number! It's time for them to up their infra and provide internet services throughout the country. Would help them onboard more Salavadorans.
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It's pretty good especially considering that they have some minor and expected issues with server capacity at first and the media did their best to spread FUD around it
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