Vitalik is Wrong About Bukele’s Bitcoin Mandate

Ethereum’s founder just called The Bitcoin Law “reckless” and opposed to freedom. But it’s the most practical way forward for the well-being of El Salvador. The Article 7 Controversy On June 9th, 2021, El Salvador made world history by passing a digital currency, Bitcoin, as legal tender alongside the US Dollar. President Nayib Bukele and Strike developer Jack Mallers announced the law at the twelve thousand-person Bitcoin conference. The crowd received the news with thunderous applause, and congress cast an…

More than a Third of Salvadorans Use 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…