El Salvador's experience with Bitcoin is more about establishing trust and credibility over time than immediate adoption, as evidenced by 7.5% transaction use.
Almost half a million Salvadorans are using Bitcoin for transactions, demonstrating significant engagement that could grow with ongoing innovations and increasing trust in the currency.
Despite concerns about Bitcoin's adoption, historical context shows that new payment technologies take time to gain trust, especially in a nation with a history of currency failures.
Bitcoin needs to evolve from being seen as risky to being a trusted store of value before it can fully transition into a widely used medium of exchange.
Collection
[
|
...
]