Bitfinex Chief Technology Officer: Believes El Salvador's adoption of Bitcoin will be successful, but it will take time

ChainCatcher news, Bitfinex Chief Technology Officer Paolo Ardoino stated that many media reports claim that El Salvador's adoption of Bitcoin has failed, which I believe is unfair, as it overlooks the history of adopting other technologies like cars. I believe that Bitcoin adoption will succeed in El Salvador, but it will take time.

ChainCatcher previously reported that El Salvador President Nayib Bukele announced Bitcoin bonds for the first time last November, raising $1 billion from investors, half of which was used to finance infrastructure projects and the other half to purchase Bitcoin, with Bitfinex selected as the sole trading platform provider. (diarioelsalvador)