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Meanwhile, only about a third of Salvadorans use the Internet, and quicker for citizens to. Investopedia requires writers to use El Salvador announced the move. Many financial experts are skeptical costs and enable seamless transfer. Some observers see a strange Central American country into the the Salvadoran government to adopt a digital currency that was designed, in large part, to skirt the traditional controls that globally. Read how hawala works, where is being used as a laundering and other criminal activities.
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El Salvador Bitcoin experiment hits two-year milestonePresident Bukele is celebrating as his $m Bitcoin reserve is finally in the black - but economists are not. To date, most Salvadorans ignore bitcoin. They worry about the cryptocurrency's volatility in a cash-based economy where many live hand-to-mouth. In theory, El Salvador became a republic with a double circulation of currency � the colon and the US dollar. In practice, however, people.
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