EL Salvador setup Bitcoin office

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

In 2021 El Salvador became the first country to accept BTC as a legal tender. BTC is accepted  by merchants alongside USD

Setting up ONBTC

The Country establishes the National Bitcoin office to design, diagnose, plan, coordinate & measure projects related to Bitcoin

Twitter for Updates

National Bitcoin Office has setup Twitter office @bitcoinofficesv for updates on Bitcoin projects & news.

The No show Conference

Once the limelight of crypto community. The El Salvador  crypto conference received  a cold response this year.

The Cause & Effect

Falling crypto prices & rise in inflation has withered the  interest of people. Resulting  in cold response to such  conferences.

Declining Adoption

75.6 per cent of respondents said they never used cryptocurrency in 2022. 

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?

Swipe up to read if BTC days  are numbered or not?

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