Most Salvadorans think making bitcoin legal tender was 'failure'

2022/10/20 05:58

According to Barrons, more than a year after Bitcoin became legal tender in El Salvador, a new poll Tuesday showed most people in the country consider the controversial move by President Nayib Bukele as a "failure." According to the poll by the University of Central America (UCA), 75.6 percent of respondents said they never used cryptocurrency in 2022, and 77 percent consider its adoption 14 months ago as legal tender, alongside the dollar, "to have been a failure." According to the UCA study, 77 percent of Salvadorans believe their president "should not continue to spend public money to buy Bitcoin."
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