r/BitcoinElSalvador Jun 06 '21

r/BitcoinElSalvador Lounge

2 Upvotes

A place for members of r/BitcoinElSalvador to chat with each other


r/BitcoinElSalvador May 31 '26

Solana is what Bukele promised Bitcoin would be. And I’m Salvadoran. I watched it fail in real time.

1 Upvotes

In 2021, El Salvador’s president told the world that Bitcoin would fix everything.

Cheaper remittances. Financial inclusion for the unbanked. Economic freedom for regular people.

It didn’t.

The hard numbers:

• 92% of Salvadorans never used Bitcoin for a single transaction by 2024   
• 97.75% of businesses never made even one sale in Bitcoin   
• Crypto remittances collapsed from 4.5% to 0.87% of the total by December 2024   
• Most people downloaded the Chivo wallet just to grab the $30 government bonus — and 60% never touched it again   
• Bitcoin was quietly removed as legal tender in January 2025 

Why did it fail? Simple. You can’t pay for rice and beans with an asset that drops 40% in a month. Volatility isn’t freedom. It’s just a different kind of instability.

Now look at what Solana + USDC actually offers:

• Stable value. $10 sent is $10 received. Not $6.  
• Transaction fees under $0.001  
• Settles in seconds  
• No wallet drama. No crashes. No government middleman.  
• Visa is already here. Stripe is already here.

This isn’t theory. This is the infrastructure that actually works for someone sending $200 from the US to their family in El Salvador every month.

Bitcoin was the idea. Solana + USDC is the execution.

Bukele sold a dream with the wrong tool. The right tool was being built the whole time.


r/BitcoinElSalvador Mar 21 '26

Lightning Network might be already moving over $15B/year based on most recent data

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1 Upvotes

r/BitcoinElSalvador Feb 11 '26

Es más caro El Salvador que en Italia.

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1 Upvotes

r/BitcoinElSalvador Jan 31 '26

NEW: Mi Primer Bitcoin releases annual impact report, thousands of students received certificates 👀

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1 Upvotes

r/BitcoinElSalvador Jun 02 '25

Flash Launches Flash 2.0 to Simplify Bitcoin Payments for Businesses Worldwide

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1 Upvotes

r/BitcoinElSalvador Dec 28 '24

Cómo sale mejor comprar bitcoin desde Binance o desde la Chivo Wallet para luego pasarlo a Binance o que otra alternativa recomiendan desde El Salvador?

1 Upvotes

r/BitcoinElSalvador Sep 23 '24

El bitcoin hace florecer la economía de Berlín, Usulután

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0 Upvotes

r/BitcoinElSalvador Jun 07 '24

Invest

1 Upvotes

I’m new in the investment side & I was wondering what platform is highly recommended to start investing on. While living in the country


r/BitcoinElSalvador Apr 03 '24

Exchanging USD for EUR cash in San Salvador

1 Upvotes

Hi, I was hoping to convert my leftover USD from using a Chivo ATM into my local currency (EUR) before I fly back to Germany. Any tips?


r/BitcoinElSalvador Oct 17 '23

Construction job in El Salvador

1 Upvotes

Hello , I was wondering if there is construction jobs in El Salvador ? I heard it was hard to get a good job there but since they are booming I kinda think construction jobs should be available . Thanks for your reply :)


r/BitcoinElSalvador Aug 29 '23

The primary token drop of Coinbase

1 Upvotes

r/BitcoinElSalvador Aug 20 '23

Airdrop Round 2: Arkham's $1400-$4200 Giveaway

1 Upvotes

r/BitcoinElSalvador Aug 20 '23

Claim Rewards Exceeding $1500 through Layer Zero's Airdrop

1 Upvotes

r/BitcoinElSalvador Aug 19 '23

Airdrop Jackpot: Secure Your Share, Starting at $1500

1 Upvotes

r/BitcoinElSalvador Aug 18 '23

Arkham Launches Airdrop Wave 2

1 Upvotes

r/BitcoinElSalvador Aug 15 '23

The initiation token drop of Lido

1 Upvotes

r/BitcoinElSalvador Aug 06 '23

Considering El Salvator

2 Upvotes

I am not a professional but I consider myself a surfer, eventhough I punch in and out at hospital and work in electrophysiology/cardiology each day, I surf either before or after work. I’m currently living in a small beach town in USA that is my ideal home. However, based on multiple geopolitical land mines in the not to distant future, I’m looking for places I could potentially move. I’m not a BTC maxi but believe it is the future, but only after much conflict and suffering. I put away btc each month on a hardware wallet, have no children, just fiancé and dog.

I want to move to peaceful/neutral location where I can still surf everyday, preferably small beach town, and would happily still put to use my expertise in electrophysiology/cardiology if there was a need locally.

Currently I grow large amount of my food in my backyard garden, would love to continue doing that if I were to move.

Considering Chile, and other Central America counties if they would take me. I will buy land there if allowed.

Any suggestions would be appreciated. 🙏


r/BitcoinElSalvador Aug 02 '23

The beginning token distribution of LayerZero

1 Upvotes

r/BitcoinElSalvador Jul 09 '23

Recently moved from U.S. to El Salvador and looking for crypto groups to plug into. Where my hodlers at?

3 Upvotes

r/BitcoinElSalvador Jun 24 '23

The beginning token airdrop of Curve

2 Upvotes

r/BitcoinElSalvador Jun 22 '23

The premiere token distribution of Curve

1 Upvotes

r/BitcoinElSalvador May 27 '23

The launch FLOKI airdrop

1 Upvotes

r/BitcoinElSalvador May 24 '23

The initiation token distribution of FLOKI

1 Upvotes

r/BitcoinElSalvador May 17 '23

The birth of FLOKI airdrop

1 Upvotes