In the midst of the benefits that, according to the president, the application entails, on his Twitter he acknowledged that due to the technical problems that it has had, there are those who have not yet been able to use it.

Days after Bitcoin started as legal tender in El Salvador and several Salvadorans who have tried to make use of the Chivo Wallet have expressed their annoyance over the failures it has presented, President Nayib Bukele admitted on Monday night the errors that the implementation of the state application has had and recognized that it was “too high a challenge (launch everything in three months)”, as has been pointed out by computer experts who have questioned the launch described as improvised.

Although through a series of tweets the president mentioned the benefits that, according to him, the app brings, he also referred to the technical problems that it has had and said that they are working to correct the situation.

“The technical errors of @chivowallet are 95% corrected. In the next few days it will be working at 100% ”, reads point number one of 12 that he listed on the social network to talk about the application and the use of the cryptoactive.

He clarified that, for now, “the new registrations are not enabled, nor the download of the app for new phone models”, but promised that “both things will be enabled until the application has no errors (it will be a couple of days more) ”.

YOU MAY BE INTERESTED: “App Chivo was not ready for a large-scale launch,” say experts in computer systems

Since September 7, when Bitcoin came into force in the country, the Chivo Wallet has reported failures in its operation, many Salvadorans have expressed their bad experience with its use, there are those who have complained of not being able to carry out their transaction because the application crashes frequently. Meanwhile, some merchants regret that the situation has generated economic losses and some have given up on its use, considering that it is unsafe.

“Those who have had problems with balance transfers to bank accounts or payments will be contacted by our technical team once the banking interconnection is resolved. This will take a day or two, but all balances are registered and guaranteed, ”said Bukele.

He also referred to people who have not been successful with their registration in the app.

“There are some profiles blocked because they had a registration error (it was not completed) when the app still had problems, these users will be deleted so that they can re-register, once their users are available again,” he said.

YOU MAY BE INTERESTED: Merchants prefer not to use the Chivo wallet because “it is not secure”

Amid the criticism generated by the inconveniences of the platform, Bukele announced that the 200 ATMs installed in the country “work perfectly”, as well as the 50 ATMs enabled in the US cities of Los Angeles, San Francisco, El Doral, Atlanta, Chicago, Dallas, El Paso, Houston, Laredo and McAllen.

“We currently have more than half a million users (of the Chivo wallet),” he said.

He added that “the option to recharge with any credit or debit card” will be enabled as of this Tuesday, as well as eliminating “the minimum of $ 5 in Bitcoin” necessary to carry out transactions with other wallets, which became a penny on the dollar.


The Seven Sins of Bitcoin Implementation, According to Marc Falzon

Some do “business” with the Chivo wallet and others experience how volatile Bitcoin is

Bitcoin adoption costs Salvadorans $ 238.3 million


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.