Bitcoin No Longer Mandatory in El Salvador — and Payments Have Almost Vanished

cryptonews.ruPubblicato 2026-08-26Pubblicato ultima volta 2026-08-26

Introduzione

In El Salvador, Bitcoin payments have nearly disappeared after the government dropped the mandate requiring businesses to accept the cryptocurrency. This follows a 2025 policy reversal tied to an IMF loan agreement, which made Bitcoin acceptance voluntary, required taxes to be paid in dollars, and scaled back state support like the Chivo wallet. A recent anecdote from Bitcoin Beach, a previously promoted crypto hub, highlights the shift: a restaurant employee had not processed a Bitcoin payment in a month and, when offered a tip in satoshis, had forgotten how to use the payment app, stating "It's dead." While the technical infrastructure for Bitcoin, including Lightning Network integration, remains, the story shows that without legal compulsion, most people and businesses revert to more familiar and convenient payment methods like cards for everyday transactions.

Bitcoin Core developer Jon Atack, who has been living in El Salvador since 2022, recounted on social network X on August 23, 2026, an incident at a restaurant in El Zonte—an area that authorities promoted as a showcase of the bitcoin economy under the name Bitcoin Beach. After Atack paid for his lunch with bitcoin, the staff told him: this was the first such payment at the establishment in an entire month. Nearly all customers now pay by card.

When Atack offered a tip in satoshis, an employee who had worked at the cafe for three years could not remember how to use the bitcoin payment application and declined, saying: "It's dead."

From Mandatory to Voluntary

This dynamic is directly linked to the change in state policy. The 2021 law, initiated by President Nayib Bukele and making El Salvador the first country with bitcoin as a legal tender, required all businesses to accept the cryptocurrency alongside the US dollar.

However, in order to secure a loan from the International Monetary Fund, the government had to revise this principle. Under the Extended Fund Facility agreement for about $1.4 billion, approved by the IMF Executive Board on February 26, 2025, parliament revoked the mandatory acceptance of bitcoin by businesses, making it voluntary. Taxes are now paid only in dollars, and public sector participation in bitcoin activities is limited. Support for the state-run Chivo wallet, which never gained traction among the population due to technical glitches, was also wound down.

What This Says About Bitcoin's Convenience

While acceptance of bitcoin was mandatory, cafes and restaurants were forced to keep a working application and trained staff ready, even if there was almost no demand for such payments. As soon as this requirement was lifted, many establishments—and their employees—quickly returned to the payment method that requires fewer steps: the card. The story of the forgotten app in El Zonte shows not that bitcoin has technically stopped working, but that when given an equal choice, most people in everyday small payments prefer a more familiar and less labor-intensive option.

Atack emphasized in a follow-up post that the cafe still accepts bitcoin and that he himself regularly pays with cryptocurrency in the region—meaning the infrastructure has not disappeared. But its use directly depends on whether the law or habit demands it, not just on the availability of technical capability.

AI's Opinion

From the perspective of machine data analysis, the story from El Zonte illustrates a technological paradox: infrastructure outpaces habit. As early as 2022, the Salvadoran government updated the Chivo wallet, adding Lightning integration for near-instant payments with low fees. Technically, the possibility of fast and cheap tips in satoshis remained, but user skill proved to be the weak link—three years of work did not guarantee that the employee would remember the application's interface.

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Domande pertinenti

QWhy did the cafe employee in El Zonte refuse to accept Bitcoin tips, and what does this indicate?

AThe cafe employee in El Zonte refused to accept Bitcoin tips because she could not remember how to use the Bitcoin payment application, stating "It's dead." This indicates that when the mandatory acceptance of Bitcoin was lifted, the user habit and practical skill to use it eroded quickly, even though the technical infrastructure remained.

QWhat was the primary legal change in El Salvador regarding Bitcoin that led to the decline in its use for payments?

AThe primary legal change was the reversal of the mandatory acceptance of Bitcoin by businesses. To secure a loan from the IMF (an Extended Fund Facility of about $1.4 billion), the Salvadoran parliament made Bitcoin acceptance voluntary, removed its requirement for tax payments, and limited state participation in Bitcoin activities.

QAccording to Bitcoin Core developer Jon Atack, what is the main reason people in El Salvador stopped using Bitcoin for everyday payments?

AAccording to Jon Atack, the main reason people stopped using Bitcoin for everyday payments is that, given an equal choice, most prefer a more familiar and less cumbersome payment method, such as cards, for small daily transactions.

QWhat happened to the government's Chivo wallet and its role in El Salvador's Bitcoin economy?

ASupport for the government's Chivo wallet was scaled back. It never gained widespread adoption among the population due to technical issues, and its role diminished further after the state limited its involvement in Bitcoin activities following the agreement with the IMF.

QWhat technological paradox does the article illustrate regarding Bitcoin infrastructure in El Salvador?

AThe article illustrates the paradox that infrastructure outpaced habit. While the technical capability for fast, low-fee Bitcoin payments (via Lightning Network integration) existed, the user habit and familiarity with the system proved fragile and quickly faded when legal mandates were removed.

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