El Salvador Survey: Only 7.5% of Citizens Use Bitcoin
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
Only 7.5% of El Salvador citizens say they use Bitcoin (BTC) to make transactions, a new survey has found.
The study was conducted by Francisco Gavidia University (UFG), with respondents quizzed at the end of September this year.
Participants were aged 18 and over, and the researchers spoke to 1,224 people, the majority of whom were aged 18-29.
The vast majority (over 71%) lived in urban areas, and most said they were in full-time employment.
Ninety-two percent answered that they did not use Bitcoin for transactions, with 0.5% answering that they “did not know” or did not understand the question.
The researchers also asked the respondents: “What should be the main focus for the future of the country?”
To this question, only 1.3% of respondents answered “Bitcoin.” The majority answered that El Salvador should focus on education or fostering industry.
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