A recent survey suggests the majority of El Salvadorâs citizens are wary of their presidentâs push to implement the countryâs newly crafted and legislated Bitcoin Law.
Peering into the minds of the countryâs people, the survey, conducted by pollster Disruptiva, showed around 54% of respondents viewed the law as ânot at all correct,â Reuters reported Thursday.
Around 24% thought President Nayib Bukeleâs law was âonly a little correctâ while only around 20% approved of it.
The poll, which queried 1,233 people July 1-4, also showed 46% knew ânothingâ about bitcoin. Almost 65% of respondents said they would not be keen on being paid in the crypto.
Bitcoin will function as legal tender in the countryâs economy alongside the U.S. dollar, which has long been used to exchange for goods and services following the replacement of the Salvadoran colón in 2001.
El Salvadorâs Bitcoin Law passed through the countryâs legislature on June 8 by way of a supermajority. It has drawn the ire from political opponents and critics who say it violates constitutional rights.
The law is set to come into effect on Sept. 7, Bukele announced late last month. Its rollout will be accompanied by $30 in bitcoin for all users, provided they download a compliant and supported e-wallet.