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Bitcoin Adoption in El Salvador: Everything You Need to Know

  • El Salvador shook the world in September 2021 when it announced that it had adopted Bitcoin as a legal tender.
  • The move was intended to address national problems such as remittance fees and financial inclusion.
  • Large companies like Starbucks, McDonald’s, and Pizza Hut now allow customers to pay their bills in BTC.
  • El Salvador's government launched the Chivo wallet, allowing citizens to store their BTC and make daily transactions.

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