El Salvador will give away $ 30 in bitcoin to encourage its use

El Salvador is the first country in the world to adopt bitcoin as a bargaining chip in the country. President Nayib Bukele has said that he will give away $ 30 in bitcoin to each citizen, so that he can become familiar with the cryptocurrency as well as incentivize its use. The requirements are that the person be Salvadoran and that the registration be through facial recognition within the app that El Salvador created for the use of bitcoin. Wallet Chivo is the app that El Salvador created to use the cryptocurrency mostly within the country, bitcoin will be in progress in the country as of September 7 of this year, to start the application you must have, phone number, photo of the Valid credential in El Salvador and entry with facial recognition. The president explained that the cryptocurrency will be optional and at no time will it displace the dollar, salaries and pensions will continue to be deposited in dollars, bitcoin will also have the option to change to dollars.

83 views