At least 67.9 percent of 1,281 people surveyed said they
disagree or strongly disagree with the use of Bitcoin as a legal tender, said
the poll by UCA, a Jesuit university based in El Salvador. Just over 32 percent
of people said they agree on some level.
The study was issued days before the government is due to
formalise the cryptocurrency as legal tender in El Salvador on September 7, a
plan announced by President Nayib Bukele in June.
UCA's poll, carried out in August, also showed that 9 out of
10 people did not have a clear understanding of Bitcoin, and 8 out of 10 said
they had little or no confidence in its use. Bitcoin price in India stood at
Rs. 37.8 lakhs as of 1pm IST on September 3.
Most people, 7 out of 10, thought lawmakers should repeal
the law that makes it legal tender.
"What we can see in this survey, in addition to this
broad rejection of the implementation of Bitcoin as legal tender, is that for
the first time we found a significant disagreement between the population and
decisions being made by the Legislative Assembly and the president," said
UCA dean Andreu Oliva.
The government did not immediately respond to a request for
comment on the poll. Bukele and his government have presented the measure as a
way to boost jobs and economic development by making El Salvador less reliant
on US dollars, the current legal tender.
The survey also showed most Salvadorans think the main
beneficiaries will be the wealthy, foreign investors, the government, and
business leaders.
"There is a lot of concern about the possible negative
effects of using Bitcoin," said Oliva. © Reuters
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