The little project that upended the world’s monetary system - Bitcoin Beach Podcast -
Nov 28, 2022 • 8 tweets • 8 min read
This @chivowallet is holding back #BTC adoption in major way. Inexcusable that Lightning invoices are not default. The Chivo only invoice option must be axed. The @IMFNews won’t be what kills #BTC adoption in #ElSalvador but horrible user interface of Chivo wallet might. FIX IT!!
Compare the above video to this one posted by @BitcoinEkasi showing kids from their project quickly buying fruit with #Bitcoin at a major grocery store in South Africa. - How in the world is it so unworkable still in #ElSalvador?
From what we are seeing the September 7th rollout and implementation of the new law has gone much smoother than we anticipated. Pretty remarkable really, considering the crazy fast timeline. Chivo wallet has been more or less functional and lots of #Bitcoin commerce happening!
From day 1 people have been getting their $30 of #BTC. Onboarding doesn’t appear to be any more frustrating than any other KYC entity (yea this is low bar). Stores from McDonalds to Starbucks are letting folks pay for their coffee in #Bitcoin