🪙 Over 90% of Salvadorans Don't Trade in Bitcoin
✅ A recent survey found that over 90% of El Salvadorans don't trade in Bitcoin, despite the country becoming the first in the world to recognize Bitcoin as legal tender in 2021.
✅ The survey, conducted by an independent organization, found that the majority of people still prefer to use cash or traditional forms of payment over cryptocurrencies.
✅ This may reflect the challenges the Salvadoran government is facing in promoting Bitcoin adoption. Many people remain concerned about the volatility of Bitcoin's value as well as a lack of understanding of how to use it.
✅ The Salvadoran government has launched a number of programs to encourage the use of Bitcoin, but they do not appear to have achieved their goals.