Post
Topic
Board Bitcoin Discussion
Re: Why has bitcoin adoption failed in El Salvador?
by
e_abrams
on 06/05/2022, 15:03:12 UTC
To adopt any kind of new currency you need to educate your population very widely and to reach out to those who are most vulnerable. Countries in the EU that are yet to adopt the Euro are dragging their feet for that very reason and are extremely careful about it, and the Euro is a fiat currency that much more stable than Bitcoin. With Bitcoin has to be even more careful and I don't think El Salvador was.