The President of El Salvador acknowledged the insufficient adoption of Bitcoin, stating that the Bitcoin experiment has not gone entirely as planned

2024-08-30 08:46:54
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ChainCatcher news, according to Decrypt, Salvadoran President Nayib Bukele now admits that his Bitcoin experiment has not gone entirely as planned.

Nayib Bukele stated: "Bitcoin has not yet reached the widespread adoption we expected. Many Salvadorans are using it, and most large businesses in El Salvador accept it. You can pay with Bitcoin at McDonald's, supermarkets, or hotels. But it has not reached the level of adoption we anticipated. The positive side is that it is voluntary; we have never forced anyone to adopt it. We present it as an option, and those who choose to use it have benefited from the rise of Bitcoin."

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