Its a No show at El Salvador crypto conference. But Why? – Katoch Tubes
Upcoming misery for El Salvador
Upcoming misery for El Salvador
About El Salvador
About
El Salvador
El Salvador is a country in Central America. It gained fame after the govt. recognised BTC as a legal currency.
First country to accept BTC
First country to accept BTC
In 2021 El Salvador became the first country to accept BTC as a legal tender. BTC is accepted by merchants alongside USD
The Crypto Conference
The Crypto Conference
Once the limelight of crypto community. The El Salvador
crypto conference received
a cold response this year.
The Cause & Effect
The Cause & Effect
Falling crypto prices & rise in inflation has withered the
interest of people. Resulting
in cold response to such
conferences.
What Salvadorans say?
What Salvadorans say?
A poll by the University of Central America (UCA) , 77% Salvadorans consider BTC adoption a failed decision.
Declining Adoption
Declining Adoption
75.6 per cent of respondents said they never used cryptocurrency in 2022.
Falling BTC
Falling BTC
Good days came to an end in 2022 after BTC lost 70% value since hitting peak in 2021. Bringing negative sentiments around it.
Can BTC hit zero?
Can BTC hit zero?
Swipe up to read if BTC days
are numbered or not?
Learn more
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Black November
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