2 ms·
It has to be noticed that technological implementations in Central America are very poor. I don't mean cheap - inexpensive. I mean terribly executed. There is
by catlikesshrimp 2y ago
It has to be noticed that technological implementations in Central America are very poor. I don't mean cheap - inexpensive. I mean terribly executed.
There is usually an "international company" selling the "core technology" at a very inflated price, then there is the required middleman who is THE friend of the government and is in practice the one anointing the "tech company", and finally a government which has No Idea what problem they want to solve.
Remember since launch Chivo had high downtime, bugs and even easy system abuse like stealing people's entry bonuses. And the local Chivo network was an already more reliable than its integration with bitcoin.
The main feature for the target population was to streamline receiving money from their relatives who worked abroad.