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A survey by the Central American University suggests that the majority of El Salvadorans disapprove of the government’s Bitcoin endeavor. More than 77% of the respondents want the government to stop spending money on Bitcoin-related projects. El Salvador failed to make it to the top 15 list in terms of crypto remittances. President
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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 prefer the dollar over bitcoin as legal tender. Bitcoin, which has been pushed by Salvadoran president Nayib Bukele,
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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 remittances were received by digital wallets in February, the study said. “In the first quarter of 2022, we find
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