MultiversX Tracker is Live!

Chivo experienced more downloads and users than expected. Some problems. Click for details

Bitcoin Reddit

More / Bitcoin Reddit 231 Views

Over a million people downloaded and used Chivo app all on the same day. So they overloaded the servers. So the government's solution is to limit the amount of users by only allowing users with any model of Samsung galaxy S20 or S21 to download the app from the Google play store for the time being. More models of smartphones will begin to be allowed to download the Chivo app sometime shortly.

Source: Right from Bukele's own Twitter account: https://twitter.com/nayibbukele/status/1435440534500384772

So only Salvadorans who currently own any model of Samsung gslaxy S20 or S21 can download Chivo from the play store at this time.

The government is having the server issue fixed and they will begin allowing more models of smartphones to download the Chivo app.

The merchants that do not own one a smartphone model that currently has access to download the Chivo mobile app will not be required to accept bitcoin. Regardless of this, no one is punishing any merchants for not accepting bitcoin at this time. And the bitcoin law clearly says that any merchant that is not capable of accepting bitcoin is not required to accept bitcoin. I will quote the bitcoin law below.

Article 12 of El Salvador's bitcoin law states "Quedan excluidos de la obligación expresada en el Art. 7 de la presente ley, quienes por hecho notorio y de manera evidente no tengan acceso a las tecnologías que permitan ejecutar transacciones en bitcoins. El Estado promoverá la capacitación y mecanismos necesarios para que la población pueda acceder a transacciones en bitcoins."

The English translation for Article 12 is "Economic agents are excluded from the obligation expressed in Article 7 of this law, who by notorious fact and obviously do not have access to the technologies that allow to execute transactions in bitcoins. The State will promote the necessary training and mechanisms so that the population can access transactions in bitcoins."

And Article 7 was the Article of the bitcoin law that said economic agents are required to accept bitcoin. So merchants who cannot download Chivo app because they're smartphones are not allowed to, are not required to accept bitcoin.

The government of El Salvador will slowly start allowing more models of smartphones to download the Chivo app from Google Play Store.

I have to leave for 12 hours, so I wont be able to answer any questions that you leave in this thread for until this thread is old and stale. Sorry about that. I just wanted to provide you all with this information before it turned into some FUD or something. So enjoy the info, and I'll be back in 12 hours to read the comments.

submitted by /u/SomeBrokeChump
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments