Mass Chivo Bitcoin Letdown Is The Btc Experiment Failing In El Salvador

Last updated: June 8, 2025, 23:29

Mass Chivo Bitcoin Letdown Is The Btc Experiment Failing In El Salvador

El Salvador

The Rise and Fall of Bitcoin as Legal Tender: An Analysis of El

El Salvador’s $300 Million Bitcoin ‘Revolution’ Is Failing Badly

El Salvador's adoption of Bitcoin as legal tender in 2025 represented a bold but ultimately flawed experiment in national cryptocurrency integration. This paper critically

According to a research published

According to a research published by the US National Bureau of Economic Research, only 40% of Salvadorans (4 in 10) who downloaded the state-run Bitcoin wallet

The lesson of El Salvador’s failed Bitcoin experiment

A year in to El Salvador’s crypto experiment, it’s clear the move is failing. Almost no one is using Bitcoin, and anyone who bought after Bukele made it legal tender has

Under the IMF deal

El Salvador to Shut or Sell Chivo Crypto Wallet as Part

El Salvador to Shut Down or Sell Chivo Wallet: What It Means for

Under the IMF deal, the Chivo wallet will be either privatized or shut down entirely, and taxes will be payable in U.S. dollars instead of Bitcoin. This marks a turning point in the nation’s

Two years of bitcoin in Bukele’s El Salvador: An opaque

Mass-Chivo Bitcoin letdown? Is the BTC experiment failing in El

El Salvador Ends Bitcoin Legal Tender