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El Salvador’s pro-crypto president Nayib Bukele said that despite Bitcoin’s strong presence in the Central American nation’s economic growth, adoption hasn’t met the expectations.Bukele, latest to feature on TIME magazine cover, noted that the country’s Bitcoin strategy is generally “net positive.” However, Bitcoin adoption rate has fallen short. He said that the digital asset has played a major role in the lives of many Salvadorans in day-to-day payments. The country has never forced anyone to adopt it, rather, offered it as an option, the president noted. “It hasn’t had the adoption we expected,” he added. “I expected more adoption, definitely, but we always prided ourselves on being a free country, free in every way.” Bukele also advocated people to use Bitcoin now, as they “will probably have gains in the future. Further, he stressed that given the positive impacts of Bitcoin on the nation, from branding to tourism, a slight lag in adoption hasn’t resulted in anything negative.
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