In El Salvador, what can individuals buy using Bitcoin?

Mr. Plan ₿
2 min readNov 20, 2021

Since Bitcoin became legal tender in El Salvador, there has been a lot of development, and we look at what El Salvadorans may buy with the cryptocurrency.

Because Bitcoin is the country’s official currency, most companies must now accept it alongside the country’s other official currency, the US dollar.

People must download the Chivo digital wallet and register with a national identity number in order to utilize the cryptocurrency as payment.

Citizens can pay for things from international corporations operating in El Salvador, such as Pizza Hut and Starbucks, as well as pay for bills from Claro, a mobile phone operator.

Another establishment that takes Bitcoin is McDonald’s, with the public also being able to pay cab charges with the cryptocurrency.

El Salvador is expanding the number of businesses that take Bitcoin, indicating that the government is completely committed to the digital economy today and in the future.

While some El Salvadorans have welcomed President Nayib Bukele’s forward-thinking character, the country has been damaged by hundreds of protesters protesting the move to declare Bitcoin legal money.

Protesters carried posters condemning Bukele’s decision and describing the country’s…

--

--

Mr. Plan ₿

Passionate about personal development and crypto/stocks investments, I share valuable insights for your success. Support us https://buymeacoffee.com/vremaroiuat