In addition to developing a national virtual wallet dubbed "chivo" (Salvadoran slang for "cool") that provides no-fee transactions and enables speedy cross-border payments, the program involves purchasing bitcoin with public funds. In a nation where most transactions are conducted in cash and where 70% of the population lacks access to standard financial services like bank accounts or credit cards, chivo was designed to provide a simple entry point for those who had never used the banking system.
Citizens literacy would really be the key if they are really that targeting in full scale adoption basing up on what the government had integrated.Its true that these transactions would be more worth and something useful if the citizens itself are really that knowledgeable on how do these things functions.
Somehow they are really doing such step for such manner.
Bitcoin Education In El Salvador Paves The Way For Wider AdoptionEl Salvador, an initiative called My First Bitcoin sought to teach over 10,000 schoolchildren about bitcoin by 2022. In 2023, it plans to reach a larger audience by a factor of 25 and teach 250,000 students.https://news.coincu.com/155774-bitcoin-education-in-el-salvador-paves/