El Salvador’s Chivo Bitcoin App Has Lost 99% of Customers & ATM Booths Are Now ‘Empty’

Jacob King
3 min readAug 16, 2022

A new report from El Diario de Hoy, one of El Salvador’s leading media providers, has found major discrepancies between actual Bitcoin remittances in the country versus what the government claims.

While El Salvador’s government claims Bitcoin has created a mega-tourism boom, and issued in a wave of prosperity as…

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Jacob King

CEO of OracleHawk // Financial Analyst, Author, Entrepreneur. Sharing Crypto News, On-Chain Data, Charts, Market Trends, and more!