Chivo Wallet

According to President Nayib Bukele, more than 2.1 million Salvadoran citizens are using the Chivo Bitcoin wallet. The mass adoption has more users than any bank in El Salvador. In approximately three weeks since parliament legalized Bitcoin in El Salvador, it has taken root in the economy. Bitcoin as a Legal Tender El Salvador is the smallest country in Central America but with a significant population. Earlier this year, it made history when it legalized Bitcoin as a legal tender…

El Salvador has been in the news for months now, with the country being the first to accept Bitcoin as legal tender. Ever since the news broke, critics have expressed differing opinions about its meaning for the El Salvador people. However, it would appear that Bitcoin adoption might be ramping up in the Central American country. Chivo Grows Its User Numbers Last weekend, President Nayibb Bukele of El Salvador said on Twitter that his country’s Chivo Bitcoin wallet had already gotten 2.1…