El Salvador’s President Nayib Bukele’s Bitcoin Gamble Falls Flat: Survey

A recent survey from San Salvador University Francisco Gavidia has found that only 7.5% of Salvadorans use cryptocurrency for transactions, despite the country making Bitcoin legal tender in 2021

.The survey also found that only 1.3% of people thought Bitcoin should be the country’s main bet for the future

.

Despite the lack of widespread adoption, President Nayib Bukele has continued to invest in Bitcoin and promote foreign investment in the country.

Source

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