‘Bitcoin changed my life’: Taxi driver cashes in on El Salvador’s crypto gamble

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SAN SALVADOR, Sept 7 — Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in th...

He also confirmed that he had around US$400 million in bitcoin that is kept in a public “cold storage wallet” — a way of storing bitcoin offline.

To spur Salvadorans to use bitcoin he created the Chivo Wallet app for sending and receiving bitcoin free of charge and gave US$30 (RM130) to each new user.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaEl SalvadorUnited States

Topics: Bitcoin Napoleon Osorio Taxi driver Get rich Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-07 @ 15:20:10 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 692 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 22396367

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About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

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Year Established: 1896

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News Last Updated: 7 hours ago

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Publisher ID: #106

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