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El Salvador
Bitcoin Mining Difficulty Likely to Drop Next Week
“All About Bitcoin’s” Friday panel looks at what’s ahead: bitcoin mining difficulty is expected to drop next week, the World Economic Forum kicks off its annual meeting Sunday with crypto on the agenda, and what to expect from El Salvador as President Nayib Bukele hosted 44 countries to discuss bitcoin.
El Salvador's President Promotes Bitcoin Adoption by Emerging Countries
Nayib Bukele is hosting financial representatives from 44 developing economies at the Alliance for Financial Inclusion's annual meeting.
Nayib Bukele Announces 44 Countries to Meet in El Salvador to Discuss Bitcoin
El Salvador president Nayib Bukele said on Twitter 44 countries will meet in the country on Monday to discuss “financial inclusion, digital economy, banking the unbanked, the Bitcoin rollout and its benefits.”
El Salvador Acquires 500 Additional Bitcoin Amid Market Drop
President Nayib Bukele tweeted that his country “just bought the dip.”
The Crypto Company Aiding El Salvador’s Bitcoin Adoption
Chicago-based Athena Bitcoin deployed bitcoin ATMs in El Salvador a week after the government legalized bitcoin as legal tender. Despite rollout problems, the company remains bullish on the project. This piece is part of CoinDesk's Payments Week.
Study: 60% Of Salvadorans Quit Chivo Wallet After Receiving BTC Incentive
According to a report published by the U.S. National Bureau of Economic Research, only four out of 10 Salvadorans who downloaded the state-run bitcoin (BTC) wallet Chivo said they still use it after obtaining the $30 bitcoin incentive. “The Hash” group discusses the global narrative of bitcoin adoption and the political neutrality of its technology.
Six of 10 Salvadorans Quit Using the Chivo Wallet After Getting the Bitcoin Incentive, Study Finds
“Most users who used Chivo after spending the $30 bonus do not engage with the app intensively,” the U.S. National Bureau of Economic Research reported.
