Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
⭐ Merited by JayJuanGee (1)
...
However, as a result, only 1.6% of these transfers are made through digital wallets. A Deutsche Bank study found that people prefer to exchange bitcoins for dollars, which is not so easy to do. They often turn to unofficial money changers who set their own fees.
However, as a result, only 1.6% of these transfers are made through digital wallets. A Deutsche Bank study found that people prefer to exchange bitcoins for dollars, which is not so easy to do. They often turn to unofficial money changers who set their own fees.
Strange. If we look at the description of Chivo Wallet app we can see that direct exchange between BTC and USD is implemented inside it, so you need no searching where to find some unofficial changers. I can even remember that there were some texts in press which said that there were some problems with rates when these exchanges were not beneficial for gov. So this is the first time when I see any publication saying there is a problem with exchange and it seems strange: I'd prefer to see the full text from Deutsche Bank because probably they meant something else.
