Wednesday, January 22, 2025
GlobalOtherEl Salvador’s bitcoin revolution: 475,000 users and growing!

El Salvador’s bitcoin revolution: 475,000 users and growing!

El Salvador’s journey toward Bitcoin adoption continues to make steady progress.

A recent survey revealed that 7.5% of Salvadorans now use Bitcoin for transactions—roughly 475,000 people out of the country’s 6.3 million population.

While critics may view this as slow, the numbers highlight meaningful progress.

Transforming a nation’s financial habits takes time, especially given El Salvador’s history with currency instability.

Bitcoin’s Lindy effect suggests …

Source video: Al Jazeera English on YouTube

Source image: Hugo Martínez / Pexels

Source: bitcoinmagazine.com

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