A day in the life of a digital pound user
“Making bitcoin legal tender in El Salvador — it doesn’t seem that that decision was taken for the Salvadoran people,” said Ortiz. She said that the bitcoin policy was conceived by Bukele’s brothers and foreign crypto executives, like Jack Mallers of Strike. The bill itself was passed in the dead of night after almost no debate. That evening, Bukele took part in a Twitter Spaces meeting, touting, in English, his pending economic miracle. Bitcoin rollout technical glitches wallets Problems accessing the wallet, withdrawing money from ATMs, and data verification, as well as the government not depositing the $30 (€25) bonus Bukele promised all Chivo users were the most frequent issues, according to interviews with at least 10 users and user complaints posted on Twitter and Facebook.Bitcoin rollout marred technical glitches wallets
Ledger, a leading hardware wallet firm, is introducing its cloud-based private key recovery solution, called Ledger Recover. Despite facing criticism from the crypto community, Ledger is moving forward with the launch of this service. Ledger Recover, developed in collaboration with Coincover, offers users a secure and convenient way to back up their Secret Recovery Phrase (SRP) for their Ledger hardware wallet. Cryptocurrency The president upped the ante in November when he announced plans to build a "Bitcoin City" next door to the Conchagua volcano in southeastern El Salvador. The bitcoin-funded city would offer significant tax relief, and geothermal energy rolling off the adjacent volcano would power bitcoin miners.