Salvadorans may like President Nayib Bukele, who has cleared up the country's once dire security situation. But at least one policy is not popular. It's Bitcoin.
This is according to a new study from the University of San Salvador Francisco Gavidia, where only 7.5% of those interviewed said they use cryptocurrencies for transactions, while 92% said they do not. I admitted it.
el salvador made Bitcoin legal currency In 2021, the country has embraced the idea of Bukele, the millennial leader and prolific tweeter. Businesses are legally obligated to accept cryptocurrencies if they have the technical means to do so.
President Bukele has also been hoarding Bitcoin, an act that has been criticized by US politicians and the International Monetary Fund.
The Francisco Gavidia University survey added that only 1.3% of people said Bitcoin should be the country's main bet in the future.
President Bukele is tried to attract foreign investment Bets on Bitcoin promised visas and even the power of volcanoes bitcoin city.
Some 58% of those surveyed said they believed the country was headed in the right direction and overwhelmingly supported President Boucle. The survey surveyed 1,224 Salvadoran adults aged 18 and asked their opinions on everything from the economy to security.
In an interview in August timePresident Bukele said Fewer Salvadorans than expected were using cryptocurrencies. “Bitcoin hasn't been as widely adopted as we had hoped,” he said.
Tiny El Salvador was once the most murderous country in the Americas. Still, President Bukele launched a crackdown on criminal organizations, with authorities locking up nearly 2% of the population.
The strategy is as follows was praised Although it was written by a Central American citizen, it has been criticized by some human rights groups. suspect Abuse and indiscriminate attacks on prisoners of war.
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