ANDL SALVADOR: A CONTROVERSIAL BET

El Salvador captured global attention in 2021 by adopting Bitcoin as legal tender, a measure promoted by President Nayib Bukele to boost financial inclusion and attract foreign investment.

However, three years later, the majority of the population still does not use cryptocurrency in their daily lives.

"88% of Salvadorans did not use the Bitcoin cryptocurrency in 2023," according to a survey by the University Institute of Public Opinion (Iudop).

Almost three years later, after analyzing and seeing the behavior of the population, we can say that this Government experiment has failed," economist Tatiana Marroquín told EFE.

The financial inclusion that was expected has not materialized due to "lack of knowledge of the subject," adds this expert.