Key Takeaways A developer reported near-zero crypto payments at El Salvador’s Bitcoin Beach, sparking adoption concerns. Vendors noted almost all customers now pay by card, showing a severe decline in everyday crypto use. Experts suggest users hoard bitcoin expecting price hikes, undermining its use in a circular economy. ‘Pretty Depressing’: Bitcoin Developer Laments Low Bitcoin Payment Adoption in El Salvador The statements of a Bitcoin Core collaborator commenting on the state of bitcoin payments in El Salvador have awakened concerns about the low adoption level of bitcoin in the country, even as it has been globally promoted as the first …


