Post
Topic
Board Bitcoin Discussion
Re: El Salvador official wallet app @chivowallet go offline
by
Ozero
on 11/09/2021, 05:06:55 UTC
The government wallet App chivowallet got overloaded in the early hours, which resulted in it going offline citizens are having miss feeling about the stability of the app and the El Salvador economy.
pretty sure they'll make adjustment to that to cater to a much larger user base. but to be honest they should have expected it and made proper adjustment when the app finally went online. besides, it happens/happened to a lot of apps that gets a sudden surge of traffic in just a short time. give it time.
It should be borne in mind that a decentralized cryptocurrency is a completely new type of financial asset and people are often simply afraid to use it, especially if government authorities criticize this type of means of payment. In this case, the spread of cryptocurrency is slow, as the
how people themselves transmit information to each other about the benefits of cryptocurrency.
 If government agencies themselves call for the use of bitcoin or another cryptocurrency, and even more so, create the necessary preferential conditions for this, the positive effect should happen much faster. Therefore, I hope that in a short time we will definitely see such a positive effect from the use of bitcoin as a national currency in El Salvador.