El Salvador’s Bukele Still Liked Despite Bitcoin Uncertainty

A recent survey conducted by the University of Central America (UCA) estimated that 77% of the polled Salvadorans think adopting bitcoin as a legal tender 13 months ago was a mistake. However, nearly 76% of the locals remain supportive of their BTC-loving President Nayib Bukele, who has initiated numerous reforms and waged war on domestic drug cartels. The small Latin American nation – El Salvador – made the headlines last year by becoming the first country to make bitcoin a legal form of money inside its borders. The news sparked massive disputes across the entire community as some praised the initiative, while others opined it would not bring the economic benefits that the government sought. Earlier this week, the University of Central America (UCA) carried out a research to find out what the local residents think of the move.