The government of El Salvador released their ads to adopt Bitcoin with the Chivo Wallet.
After lots of criticism, finally El Salvador is ready to adopt Bitcoin as a currency in the next 6 days on 7 September.
Read also: Anti-Bitcoin protest in El Salvador surges
The President of El Salavador, Mr. Nayib Bukele, posted a video of Chivo Wallet on twitter.
The video posted by Nayib Bukele is basically an ad for the Bitcoin wallet “Chivo”.
Chivo wallet is an official Bitcoin wallet of El Salvador that will start service for the citizens of El Salvador by 7 September.
The length of the video is only 1 minute. Video explains about Bitcoin & Chivo wallet. Quick explanation about the use of Bitcoin and dollar and clearly showing that there is no need to go through bitcoin (automatically change of Bitcoin into USD).
Through this commercial ad of Chivo wallet, Government authorities of El Salvador clearly explained that they are not going back and there is no problem at all to adopt Bitcoin in currency mode. And also the video is a reply for those who criticized Nayib Bukele for the volatility of Bitcoin’s price.
In the video, It is also shown that, every user who will register in the app, will get a $30 free balance in bitcoin & users further can swap into Bitcoin.
Read also: El Salvador’s Official Bitcoin Digital Wallet ‘Chivo’
Yesterday, El Salvador’s financial authorities approved $150 million dollars for the Bitcoin-USD Exchange, for the Chivo wallet.
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