It's pretty obvious by the lack of legitimate activity. Nobody's buying pizzas for bitcoins. It's all about speculation and hiding your money from taxes.
It's pretty obvious by the lack of legitimate activity. Nobody's buying pizzas for bitcoins. It's all about speculation and hiding your money from taxes.
Couldn't I buy a pizza with Bitcoin in El Salvador?
https://seekingalpha.com/news/3738724-mcdonalds-starbucks-pi...
Your link is from September.
I am not going into the problems with the platform as I am not physically there. But this iteration of the project didn't take off. The government still invests in Bitcoin, which is another issue.
https://www.inverse.com/innovation/bitcoin-el-salvador-prote...
This article from a week ago states that the goverment is paying a cashback of a $0.30 per gallon of gasoline if you pay with Chivo.
https://m-elsalvador-com.translate.goog/noticias/negocios/ch...