A recent survey conducted by San Salvador University Francisco Gavidia revealed that only 7.5% of Salvadorans use Bitcoin for transactions, despite President Nayib Bukele's push for the cryptocurrency. While El Salvador made Bitcoin legal tender in 2021, with businesses required to accept it, the survey found that 92% of respondents do not use cryptocurrency. Additionally, only 1.3% believe Bitcoin should be the country's primary focus in the future. President Bukele, known for his pro-Bitcoin stance, has faced criticism for his Bitcoin purchases from U.S. politicians and the International Monetary Fund. Despite this, 58% of Salvadorans feel the country is moving in the right direction and support Bukele's leadership. The survey, which interviewed 1,224 individuals, also highlighted concerns about human rights violations in Bukele's crackdown on criminal gangs. Read more AI-generated news on: https://app.chaingpt.org/news
Low Bitcoin Adoption in El Salvador Despite President Bukele's Efforts
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