9/21/2023 0 Comments Block city wars all coin locations![]() Large street protests against compulsory Bitcoin implementation continued through October. Bitcoin’s ridiculously volatile price was appreciated only by aspiring day traders. The system completely failed to check new users’ photos, relying solely on their national identity card number and date of birth massive identity fraud to steal signup bonuses ensued. ![]() Users joined for the $30 signup bonus, spent it or cashed it out, then didn’t use Chivo again. ![]() The official Chivo payment system was unreliable at launch in September-the kiss of death for a new system. More than 91 percent of Salvadorans want dollars, not bitcoins. The same goes for fast-talking presidents. But when a con artist’s grift starts to fall apart, he knows to move onto the next one fast. dollar, which has been the currency since 2001, has not gone well. ![]() Salvadoran President Nayib Bukele’s experiment in making Bitcoin an official national currency alongside the U.S. ![]()
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