Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[SCAMEXPOSER]

I believe on weekly basis El-Salvador will continue to be in the news for one reason or the other as regards cryptocurrency development. President Nayib Bukele shared in his Twitter handle that 2.1 million of his fellow citizens are using the government-backed Chivo cryptocurrency wallet, offering a glimpse into the apparent success of the country's Bitcoin (BTC) gambit.

 

[LutherKing]

That's Great So In Just Few Days The Users Have Actually Doubled The Amount To Be Honest , Its Great And I'm Sure Things Will Keep Developing On ...

 

[SCAMEXPOSER]

I believe the value will continue to increase and it will be much more when the market is recovered and on bullish moment because that's when people tend to join the trend most.

 

[Wisdom01]

Glad huge amount of users are making use of the wallet , it's a big encouragement for the government to continue to carry the out the crypto development in the country

 

[GoldenLady]

This test run would show other countries that Bitcoin can be used successfully in the short term. There are still long term effects though that I hope will not be bad.

 

[Wisdom01]

This test run would show other countries that Bitcoin can be used successfully in the short term. There are still long term effects though that I hope will not be bad.

The long term effect won't be bad at the end ,it would continue to progress , because the government haven't seen any issue since they have been adopting it

 

[GoldenLady]

The long term effect won't be bad at the end ,it would continue to progress , because the government haven't seen any issue since they have been adopting it

It could cause inflation. Of Bitcoin prices soar, it means anyone holding it has more money and excessive supply can lead to inflation.