RE: LeoThread 2025-08-01 15:23
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🇸🇻 El Salvador's experience with bitcoin is once again gaining attention! Recent findings indicate that more than 70% of Salvadorans have held bitcoin, largely due to the Chivo Wallet and a $30 incentive.
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💸 Yet, 60% of those users stopped using the wallet after withdrawing their funds.
How large is El Salvadors Bitcoin tresury?
El Salvador's Bitcoin treasury is around $360 million, based on recent reports. They've been adding to it, with a latest purchase of about $948K worth of BTC, despite some controversy with the IMF over the numbers
Even so, bitcoin accounts for less than 1% of the remittance market. What are your thoughts?