In 2021, El Salvador became the first country in the world to adopt bitcoin as an official currency. The move brought the Central American country not only profits and international attention, but also criticism. However, the main expected benefits are still missing - investors are still shunning El Salvador and locals continue to rely on the US...
For two years, bitcoin has been official currency in El Salvador. Salvadorans working abroad and also give millions of residents access to financial services. Neither of these purposes is being fulfilled by bitcoin, reports Radio France Internationale, citing AFP. Moreover, the country has lost sixty million dollars because of the fall in its ex...
