BitGo Will Support El Salvador!

BitGo will support El Salvador. The infrastructure of Chivo, the official Bitcoin wallet of El Salvador, is provided by the American BitGo.

While El Salvador is signing a big milestone in terms of both its own history and the history of the world economy, a very important detail has been identified about the legalization of Bitcoin. According to the special news of Forbes from the US media, the infrastructure of Chivo, the official Bitcoin wallet of El Salvador, is provided by the California-based company BitGo. The technical details of the bill, which was adopted in June, were not disclosed for a long time by Nayib Bukele and his team. Now, it has been learned that the infrastructure of the wallet application, which has a serious place in this important step of the country, was provided by a US company. In the news of Forbes, it was also stated that the El Salvador presidential secretariat was asked about the issue, but no answer was received. As it is known, in El Salvador, with a population of 6.5 million, everyone has the right to use any Bitcoin wallet they want, but if citizens want to buy the $30 Bitcoin that the state has promised to give them, they must use the BitGo-supported Chivo wallet. BitGo CEO Mike Belshe used the following statements about El Salvador's move on Saturday, before the details of this news emerged: “Digital assets look very different from traditional finance coins. People are thinking about how these beings will integrate into life. However, I think this is a very important opportunity to achieve financial freedom. Being able to send money in a hurry on a Saturday evening, at a time when the banks are closed, is hard to describe in words.”