In a recent study published by José Simeón Cañas Central American University in El Salvador, 77.1% of respondents say that they want the Salvadoran government to stop “spending public money on Bitcoin...
Tag: Salvadorans
El Salvador’s Bitcoin Adoption Experiment: Salvadorans Feel It Is a failure
Ratings agencies have downgraded El Salvador’s credit score. Most people have not used their wallets beyond the $30 incentive. Indicators signal ruin; however, economic doom is not certain yet. In 202...
One Year On, Salvadorans Unconvinced of Bitcoin as Legal Tender
Since El Salvador became the first country to introduce Bitcoin as legal tender one year ago, usage there has largely stagnated according to multiple surveys. But while the government claims it has br...
71% of Salvadorans Did Not Benefit From the Bitcoin Law, Survey Says
A large part of Salvadorans said that the Bitcoin Law promoted by their president Nayib Bukele did not help them “at all” despite being approved less than a year ago. A survey conducted by the Institu...
More Than 70% of Salvadorans Believe the Bitcoin Law Has Not Improved Their Personal Finances – Bitcoin News
A recent survey has offered some insight into the real opinions Salvadorans have about the implementation of the Bitcoin Law in the country. The survey, carried out by the University Institute of Publ...
Most Salvadorans Still Not Convinced About Bitcoin as Legal Tender – Coinotizia
A survey conducted recently by the Center for Citizen Studies of the Francisco Gavidia University, a private institution in El Salvador, has found that more than half of the Salvadorans surveyed still...
Most Salvadorans Still Not Convinced About Bitcoin as Legal Tender – Bitcoin News
A survey conducted recently by the Center for Citizen Studies of the Francisco Gavidia University, a private institution in El Salvador, has found that more than half of the Salvadorans surveyed still...
Six of 10 Salvadorans Quit Using the Chivo Wallet After Getting the Bitcoin Incentive, Study Shows
According to the report, “Chivo is not being widely used to receive remittances from abroad”. Its figures align with recent reports from the Salvadoran Central Bank, according to which 1.6% of remitta...
Some Salvadorans Remain Behind Bukele’s Bitcoin Policy Despite Warnings
Some Salvadorans have expressed support for their country’s adoption of Bitcoin as legal tender, per France 24. “It has been a very, very good experience and increased our sales. It has t...
El Salvador to offer Bitcoin-backed loans to Salvadorans
El Salvador is going even more bullish on Bitcoin. With Bitcoin already being accepted as legal tender in the country, the government is exploring more ways where Bitcoin can be implemented into the f...