Re: Why has bitcoin adoption failed in El Salvador?

Unless BTC reaches a new All-time-high in price, don't expect to see an increase in Bitcoin adoption anytime soon. Just my opinion

Of course, you can just make shit up and hope people reading this thread will believe your pie in the sky bitcoin naysaying nonsense, and assert that bitcoin adoption is not sufficiently or adequately increasing in El Salvador when the facts are contrary to your assertions...

For example, look at a cross post from the other El Salvador thread in terms of expansion of education materials as outlined by DdmrDdmr

In other words, adoption of bitcoin in El Salvador is progressing right along and taking place in many areas.. even if you proclaim based on your non-assessment of facts and logic and your wishes that you are unable to see such adoption progress happening.

I think it is high time people begin to see things for what it is, El Salvador Bitcoin adoption is a long term journey and it requires time to grow, the grassroots awareness level may be low at the moment which have resulted into the low Bitcoin adoption among the citizens most especially those in remote areas. But with the efforts being put in in the information and education direction, I few years from now the result is going to change and more El Salvadorans will become more informed and educated enough to tap into the innovative advantages of Bitcoin and they will try to build their life around Bitcoin as an alternative El Salvador have hard currency changes in the past and in 2001 when the adopted the United States dollars its rate of adoption was also low but just that the method of adoption of the United States dollars is different from Bitcoin because in the case of Bitcoin is adopted as an alternative to acting along the US dollar.

It does really takes time for it to grow.The wrong thing on here is that people do really make out direct conclusions that it had failed considering that we are just seeing on 1 year basis after its legal tender

adoption but people had been keeping on giving out those negative sentiments speaking about it had failed or didnt really get that much attention which is somewhat true
but just as been said that we should give them some time because citizens would eventually find out on what would be its advantages and total relevance
because the President wont really be making such action if he doesnt see any benefits from it.

any new technology really needs time before everyone got a grasp on it. imagine, btc playing the same role with their fiat? fiat has been there for decades and decades so yes, they should be more considerate when it comes to adoption of btc because el salvador has just implemented this as legal tender for just a year. so they should not expect that the adoption is already the same with their fiat.