El Salvador, which made history as the first country to accept the leading cryptocurrency Bitcoin (BTC), as legitimate money, seems to have slowly warmed the public to it.
Leading the Bitcoin Revolution from Salvador
of El Salvador bitcoin The decision was initially met with disapproval by a section of the public.
The reason for this is known as the fact that after an asset is accepted as a legitimate currency in the country, every seller must provide an infrastructure for this. Now, it is reported that people are rushing to buy BTC from Bitcoin ATMs all over the country.
Looking at the post shared by El Salvador’s president, Nayib Bukele, it seems that people are currently rushing to buy Bitcoin by selling too many US dollars.
Stating that any media institution requesting transactions from Chivo ATMs can examine and see the same result, Bukele emphasized that they have seen a 3 million dollar transfer transaction in a single day.
This is definitely important data for a country like El Salvador and shows the public’s interest in the leading cryptocurrency.
After El Salvador adopted Bitcoin as its legitimate currency, it had placed 200 ATMs all over the country.
The country’s contribution and interest in the BTC revolution has definitely started to bear fruit, and citizens are getting used to buying BTC. The number of Bitcoin ATMs in El Salvador exceeding the number of ATMs in the UK also shows that the country is leading the BTC revolution.
2 new Chivo Facts:
1. People are inserting way more USD (to buy #BTC) than what they are withdrawing from the Chivo ATMs (any media outlet can independently confirm this by visiting the ATMs).
2. Today, we received 24,076 remittances, adding up to $3,069,761.05 (in one day).
— Nayib Bukele 🇸🇻 (@nayibbukele) October 16, 2021