7.5% of Salvadorans use Bitcoin for transactions. 92% admitted that they do not do this, the results show survey.
The study was conducted by Francisco Gavidia University among 1,224 citizens over 18 years of age.
Survey results. Data: Universidad Francisco Gavidia.
In 2021, El Salvador recognized Bitcoin as legal tender on a par with the US dollar. Businesses are required to accept cryptocurrency for payment if they have the technical capabilities.
Subsequently, the country’s President Nayib Bukele announced purchases of digital gold, mining and other Bitcoin initiatives.
In August 2024, he stated that the legalization of Bitcoin had produced mixed results. The coin was not widely accepted.
1.3% of respondents believe that the first cryptocurrency should become the “main bet” on the future of the country.
58% of respondents support the course of the state and the current president. Previously, the country was the bloodiest in the Western Hemisphere. Bukele began to fight criminal gangs. Authorities imprisoned about 2% of the population.
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Source: Cryptocurrency
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