MASS CHIVO BITCOIN LETDOWN IS THE BTC EXPERIMENT FAILING IN EL SALVADOR

Last updated: June 16, 2025, 12:31  |  Written by: Emin Gün Sirer

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

El Salvador

El Salvador to Shut or Sell Chivo Crypto Wallet as Part

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

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

El Salvador Ends Bitcoin Legal Tender

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

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

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

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

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

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

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

The lesson of El Salvador’s failed Bitcoin experiment

Emin Gün Sirer can be reached at [email protected].

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