Bitcoin Is Struggling to Take Off in El Salvador: Report - BitcoinEthereumNews.com
Bitcoinअल साल्वाडोर में बिटकॉइन उतारने के लिए संघर्ष कर रहा है: रिपोर्ट04 / 28 / 2022बिटकॉइन एथेरियम समाचारसंक्षिप्त El Salvador made Bitcoin legal tender last year. A new report says that not many citizens are actually using the cryptocurrency. Bitcoin is struggling in El Salvador, the first country to make the asset legal tender, अनुसार to a new report. A survey conducted by the National Bureau of Economic Research concludes that, despite El Salvadors Bitcoin Law, not many people in the country are using the cryptocurrency. El Salvador, a dollarized country, last September बनाया गया Bitcoin legal tender. The idea came from the country‘s president, Nayib Bukele, an eccentric leader who has been अभियुक्त of authoritarianism by his country’s press and foreign NGOs. The law, which asks businesses to accept Bitcoin as payment if they have the technological means to do so, has been criticized by institutions like the World Bank and the IMF. Researchers Fernando E. Alvarez, David Argente, and Diana Van Patten say they spoke to 1,800 households in El Salvador face-to-face about their Bitcoin habits. Their report, titled “Are Cryptocurrencies Currencies? Bitcoin as Legal Tender in El Salvador,” claims that “usage of Bitcoin for everyday transactions is low and is concentrated among the banked,