One month on, El Salvador's bitcoin use grows but headaches persist

Only a fraction of El Salvador's businesses have taken a bitcoin payment and technical problems have plagued the government's cryptocurrency app.

El Salvador became the first to adopt bitcoin as a legal tender last month, but only a fraction of the nation's businesses have taken a bitcoin payment.

Construction worker Adalberto Galvez, 32, said he had lost $220 when trying to withdraw cash from the Chivo digital wallet. Others have also reported irregularities with transactions and attempts at identity theft. President Nayib Bukele has blamed high demand for the issues Galvez and others have faced.By some measures adoption in the poor country, where one-fifth of families depends on remittances, has been rapid.

But the foundation, which polled 233 companies across different sectors, found that the overall use was still low, with 93% of companies reporting no bitcoin payments.

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