Salvadorans may love President Naib Buquel for cleaning up the country's once-crippling security situation. But at least one policy won't last: Bitcoin.
According to a new survey conducted by Francisco Gavidia of the University of San Salvador, only 7.5% of people interviewed say they use cryptocurrency to make transactions, while 92% admit they don't.
El Salvador Bitcoin has legal tender In the country in 2021, the millennial thought leader — and prolific tweeter — Buckel. Businesses are legally obligated to accept cryptocurrency if they have the technological means to do so.
President Buccaneer is also buying Bitcoin, but has been criticized for doing so by the likes of US politicians and the International Monetary Fund.
The survey conducted by the University of Francisco Gavidia added that 1.3% of people said that they think that Bitcoin should be the main bet of the country in the future.
They have President Bukele He tried to attract foreign investment From betting on Bitcoin, promising visas and powered by a volcano Bitcoin City.
58% of those surveyed said they thought the country was moving in the right direction and had strong support for President Bukele. The study spoke to 1,224 Salvadorans aged 18 and over about everything from the economy to well-being.
In an interview in August TIMEPresident Bukele he said. Fewer Salvadorans were using cryptocurrency than expected. “Bitcoin has not had the widespread adoption that we hope for,” he said.
Little El Salvador was once the deadliest country in the Americas. Once again, President Bukele launched a crackdown on criminal gangs, and authorities locked up about 2% of the population.
The strategy has been Thank you They have been criticized by citizens of the Central American country, but by some human rights organizations. Accused Abuse of prisoners and indiscriminate raids.
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