Nayib Bukele, El Salvador president, has claimed that 2.1 million citizens are using the new government-backed Chivo cryptocurrency wallet. In a tweet, he implied the apparent success of Bitcoin in the country.
\nEl Salvador recently adopted bitcoin as a legal tender on September 7, 2021, being the first country to do so.<\/p>\n
Related Reading |\u00a0Just 10 Days After El Salvador\u2019s \u201cBitcoin Day\u201d, President Bukele Confirms 1.1 Million Citizens Have Chivo Wallet<\/a><\/em><\/strong><\/p>\n On Saturday afternoon, president Nayib Bukele shared this update with his 2.9 million Twitter followers. He claimed that Chivo \u201cnow has more users than any bank in El Salvador\u201d after just three weeks in operation. He also said that despite Chivo not being a bank, it already has more users than any bank in El Salvador and that it is only a matter of time before the wallet’s adoption surpasses all banks in El Salvador combined.<\/p>\n 2.1 million Salvadorans are ACTIVELY USING @chivowallet<\/a> (not downloads).<\/p>\n Chivo is not a bank, but in less than 3 weeks, it now has more users than any bank in El Salvador and is moving fast to have more users that ALL BANKS IN EL SALVADOR combined.<\/p>\n This is wild!#Bitcoin<\/a>\ud83c\uddf8\ud83c\uddfb<\/p>\n — Nayib Bukele (@nayibbukele) September 25, 2021<\/a><\/p><\/blockquote>\n\n