Only About 20% of El Salvadorians Approve President Nayib Bukele’s Bitcoin Adoption Plan: Poll

In a poll conducted by pollster Disruptiva, which is affiliated with Francisco Gavidia University, it was found that about 54% of El Salvadorians view Bitcoin adoption as “not at all correct.”

Another 24% described it as “only a little correct,” while about 20% approved of the cryptocurrency plan.

The poll according to Reuters, surveyed 1,233 people across El Salvador between July 1-4 and had a margin of error of 2.8%.

“This is a risky bet on digital transformation,” said Oscar Picardo, head of Disruptiva’s institute of science, technology, and innovation, at an event presenting the results of the survey.

The poll further showed that 46% of respondents knew “nothing” about the leading cryptocurrency, while nearly 65% saying they would not be open to being paid in Bitcoin.

Last month, El Salvador became the world's first country to adopt bitcoin, alongside the US dollar, as a legal tender. The bill has already been passed by a supermajority and will come into effect in early September.