I’m doubtful that credit cards were as quickly successful as you imply. It takes time for consumer behavior to change. I couldn’t find a good link, but I vaguely remember a story about how BankAmerica had trouble at first after the Fresno drop?
The people claiming instant success in El Salvador are getting fooled by misleading numbers, but it’s at least plausible that this heavy promotion will eventually pay off there.
I get this and think this is most likely scenario as well but at the same time this is equivalent to just getting your app started on the box and loading data or something correctly. It’s a step and you’re happy. These bitcoin guys just got their app to start up with limited functionality. They are happy.
The people claiming instant success in El Salvador are getting fooled by misleading numbers, but it’s at least plausible that this heavy promotion will eventually pay off there.