Majority of Salvadorans Skeptical of BTC as Currency, Poll Finds
President Nayib Bukele’s adoption of cryptocurrency as legal tender in his country is not being met with deep understanding by most of his fellow Salvadorans, a new survey suggests. Almost half of the respondents admitted they knew nothing about Bitcoin, while two-thirds aren’t ready to be paid in crypto. Bitcoin Adoption ‘Not at All Correct,’ Half of Salvadorans Say In a blow to President Bukele’s crypto-friendly policy, poll results released Thursday showed that around 54% of people in El Salvador viewed the adoption of bitcoin (BTC) as “not at all....
Related News
According to a poll releaased on Thursday, more than three-quarters of Salvadorans are skeptical of President Nayib Bukele’s quest to recognize bitcoin as an alternative legal tender. El Salvadorans Are Skeptical Of Bitcoin El Salvadorans’ opinions on the government’s bitcoin plan were disclosed in a recent poll, according to Reuters on Thursday. The poll was […]
The majority of El Salvadorans are skeptical of the country’s impending Bitcoin Law, with 90% of locals describing their understanding of crypto as poor or non-existent. With less than a week to go before El Salvador's Bitcoin Law takes effect on Sept. 7, a majority of citizens surveyed are opposed to government-mandated cryptocurrency adoption.A survey conducted by the local Central American University’s (UCA) Institute of Public Opinion has found that 70% of Salvadorans believe President Nayib Bukele’s Bitcoin Law, recognizing the cryptocurrency as legal tender, should be repealed.....
Camarasal, a well known entrepreneur association in El Salvador, announced the results of a poll made this month. The poll shows almost 100% of Salvadorans worry about the implementation of the bitcoin tender law approved recently. Most criticize the obligatory character of receiving bitcoin payments and don’t expect this move to bring investment to the country. Camarasal Poll Shows Concerns About Bitcoin Tender Law Implementation A quick poll conducted by Camarasal, one of the biggest entrepreneur groups in El Salvador, is showing people have deep concerns about the future....
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 tenderThe 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....
A new poll carried out by UK-based market research firm YouGov indicates that a majority of UK shoppers would rather not pay for their merchandise using digital currency like bitcoin. The poll was conducted on behalf of Venda, an e-commerce platform. Of a sample size of 2,052 adults in the United Kingdom, 71 percent said they weren't keen on having bitcoin as a payment option. 8 percent of respondents said they wanted the option, as they felt digital currency like bitcoin is indeed a valid currency. Those in favor of paying for their goods with digital currencies had other reasons, too. 6....