PMorgan: “BTC’s potential as a means of payment in El Salvador is limited”
According to JPMorgan analysts, the use of BTC in the economy of El Salvador is facing obstacles, which indicates possible “restrictions” on the use of the cryptoasset as a means of payment. The problem with using bitcoin as a means of payment in El Salvador is that most of the coins in circulation have not changed hands for over a year. Analysts at JPMorgan note daily payments activity in the country, which accounts for about…
