Survey finds most El Salvador citizens are skeptical of making BTC legal tender
More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin.
According to a newly released survey, up to three-quarters of Salvadorans are skeptical over President Nayib Bukele’s Bitcoin adoption plans. The survey, which polled 1,233 people across El Salvador between July 1 and 4, revealed that only 20% approved of the plan to make Bitcoin legal tender.
The survey, which has a margin of error of 2.8%, was conducted by researcher Disruptiva, which is affiliated with Francisco Gavidia University. According to Reuters, it found that about 54% of people viewed the Bitcoin adoption program as “not at all correct”, while another 24% described it as “only a little correct.”
Almost half of the respondents, or 46%, admitted that they knew nothing about Bitcoin. Around 65% of them were not open to the idea of being paid in digital currency.
Head of Disruptiva’s institute of science, technology, and innovation, Oscar Picardo, commented that “this is a risky bet on digital transformation.”