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LD Capital: The private use rate of Bitcoin in El Salvador is low, with only 1% of remittances in the past six months being in Bitcoin.

LD Capital: The private use rate of Bitcoin in El Salvador is low, with only 1% of remittances in the past six months being in Bitcoin.

CointimeCointime2023/11/28 04:09
By:Cointime

LD Capital researcher @kanazawa0x0 stated on X platform that the civilian usage rate of Bitcoin in El Salvador is low, with only 1% of remittances in the past six months being made in Bitcoin, but it has driven the rebound of El Salvador's national debt. Bitcoin has not become a trend as a currency, but has become a reserve asset that outperforms the US dollar.

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