El Salvador Bitcoin: how Chivo doesn’t work; how to fake a Chivo signup
You’ll be amazed by the Chivo KYC process.
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
You’ll be amazed by the Chivo KYC process.
Chivo is not making friends, and Bitcoin is not popular.
Salvadoran Bitcoin Law critic Mario Gómez was arrested without charge at 7am local time (12:00 UTC) this morning.
Yesterday: a leaked diagram of the back end for the Chivo network. Today: the law to set up the Bitcoin trust fund.
The Diem Association is “effectively a zombie organization.” Ya think?
BCR won in negotiations with the government. Bitcoin will be allowed into the financial system only insofar as it’s regulated to the hilt. It could never have been otherwise.
El Salvador’s Bitcoin Law takes effect on 7 September! Is everything in place and ready? Of course it isn’t.
Bitcoin is anti-fragile! Except against governments.
Withdrawals are temporarily unavailable due to unscheduled scheduled maintenance. Funds are absolutely safe.