{"id":69159,"date":"2024-01-17T08:42:03","date_gmt":"2024-01-17T12:42:03","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=69159"},"modified":"2024-01-17T08:43:02","modified_gmt":"2024-01-17T12:43:02","slug":"survey-shows-12-of-salvadorans-made-bitcoin-purchases-in-2023","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/survey-shows-12-of-salvadorans-made-bitcoin-purchases-in-2023\/","title":{"rendered":"Survey Shows 12% of Salvadorans Made Bitcoin Purchases in 2023"},"content":{"rendered":"\n

El Salvador's Jos\u00e9 Sime\u00f3n Caas Central American University found in its yearly survey that 12% percent of the local populace utilized Bitcoin for payment <\/a>for products and services at least once in 2023.<\/p>\n\n\n\n

\"Survey
Survey Shows 12% of Salvadorans Made Bitcoin Purchases in 2023<\/figcaption><\/figure>\n\n\n\n

Participating in the survey, which commenced in December 2023, were in-home interviews with 1,280 respondents. A mere 20% of the respondents (20%) utilized Bitcoin for ten or more transactions, whereas 49.7% made purchases using the cryptocurrency at most once or thrice. Consumables (22.9%) and supermarkets (20.9%) comprised the majority of BTC expenses, followed by veterinary clinics (15%).<\/p>\n\n\n\n

According to the survey, the proportion of Salvadorans utilizing Bitcoin has decreased. 24.4% of the population, according to research from the same university, purportedly purchased using BTC in 2022.<\/p>\n\n\n\n

With Bitcoin becoming legal tender<\/a>, the percentage of individuals who believe their family's quality of life has improved over the past year has increased from 3% in 2022 to 6.8% in 2023. <\/p>\n\n\n\n

Nevertheless, most participants (34.3%) believe that the nation's economy experienced an improvement in 2023, with the decline in criminal activity being the primary factor (24.3%). A mere 0.5% of the Salvadoran population believes that Bitcoin contributes in any way to the development of the economy.<\/p>\n\n\n\n

There are no inquiries regarding the Salvadoran government's Bitcoin investments in the 45-page survey. In 2023, 77.1% of respondents desired an end to “government spending on Bitcoin with public funds.”<\/p>\n\n\n\n

As of the time of writing, the “Nayib Bukele Portfolio Tracker\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>,” an application that monitors the fluctuations in El Salvador's Bitcoin reserves, indicates that the government's BTC portfolio has generated an approximate aggregate profit of 0.57%.<\/p>\n","protected":false},"excerpt":{"rendered":"

El Salvador’s Jos\u00e9 Sime\u00f3n Caas Central American University found in its yearly survey that 12% percent of the local populace utilized Bitcoin for payment for products and services at least once in 2023. Participating in the survey, which commenced in December 2023, were in-home interviews with 1,280 respondents. A mere 20% of the respondents (20%) […]<\/p>\n","protected":false},"author":12,"featured_media":43774,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83],"tags":[15019,456,4570,416],"class_list":["post-69159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin-3","tag-el-salvador","tag-salvadorans","tag-survey"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/01\/image-11.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/69159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=69159"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/69159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/43774"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=69159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=69159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=69159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}