Bitcoin El Salvador opinion on public spending| ��ƽ��

Share of respondents in El Salvador who (dis)agree with the government spending public money on the implementation of Bitcoin in 2021

Characteristic	Share of respondents
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Source

Release date

September 2021

More information

Region

El Salvador

Survey time period

August 13-20, 2021

Number of respondents

1,281 respondents

Age group

18 years and older

Special properties

residents; results have been weighted to represent the entire population

Method of interview

Face-to-face interview

Supplementary notes

This question was phrased by the source as follows: "El 24 de junio, el presidente Nayib Bukele dijo que el Gobierno regalaría $30 en Bitcoin para que la población pueda usar esta nueva moneda. ¿Qué tan de acuerdo está con la decisión del Gobierno de gastar dinero público para usar el Bitcoin en el país?" (in English: On June 24, president Nayib Bukele said that the government would give out 30 USD worth of Bitcoin so that the people can try out the new currency. How much do you agree with the government's decision to spend public money to promote Bitcoin use within the country?).

Citation formats

Most Salvadorans did not agree to the government's idea of giving every citizen ** U.S. dollars worth of Bitcoin (BTC) when the crypto becomes the country's legal tender. According to a poll from a Jesuit university based in El Salvador, most of the population in the Central American were somewhat skeptical of the plans to make the country the first in the world where BTC becomes a fully legal payment method. The source mentions, for instance, that *** out of 10 respondents had not heard of the cryptocurrency before - something that might be caused to a relatively low share of Salvadorian households that have internet access.