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CryptoIntelligence 2024-08-30 03:59:00

Salvadoran President Nayib Bukele Not Satisfied With Bitcoin Adoption

Salvadoran President Nayib Bukele has expressed mixed feelings about the country’s adoption of Bitcoin as legal tender, revealing that the cryptocurrency’s integration into Salvadoran society hasn’t reached the extent he had hoped. In a Time magazine interview published on August 29, Bukele reflected on the impact of Bitcoin in El Salvador, acknowledging it as a “net positive” but noting that its adoption fell short of expectations. “[A] lot more could definitely be done,” Bukele commented. “Bitcoin hasn’t had the widespread adoption we hoped for. Many Salvadorans use it; The majority of large businesses in the country have it. You can

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