Public perception of Bitcoin in El Salvador by end of 2025?
Highly positive • 25%
Moderately positive • 25%
Neutral • 25%
Negative • 25%
Surveys and reports from reputable polling organizations
IMF Reaches $1.4 Billion Agreement with El Salvador on 40-Month Program, Bitcoin Risk Mitigation
Dec 18, 2024, 08:28 PM
The International Monetary Fund (IMF) has reached a staff-level agreement with the government of El Salvador on a 40-month Extended Fund Facility (EFF) arrangement aimed at supporting the country's economic reforms. This agreement, which is subject to approval by the IMF Executive Board, comes after four years of negotiations that were complicated by El Salvador's adoption of Bitcoin as legal tender. As part of the $1.4 billion program, the IMF has emphasized that the acceptance of Bitcoin by the private sector will be voluntary, and public sector involvement in Bitcoin-related activities will be limited.
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Other • 25%
Increased Tourism • 25%
Economic Growth • 25%
Financial Instability • 25%
Voluntary use only • 33%
Remains legal tender • 33%
No longer legal tender • 33%
Remains legal tender • 25%
Completely banned • 25%
Other • 25%
Restricted use • 25%
No change • 25%
Bitcoin no longer legal tender • 25%
Mandatory acceptance • 25%
Voluntary acceptance • 25%
Decreased Bitcoin adoption • 25%
Increased Bitcoin adoption • 25%
Indeterminate impact • 25%
Stable Bitcoin adoption • 25%
Increased regulation • 25%
Deregulation • 25%
Status quo maintained • 25%
Other • 25%
Investment • 25%
Remittances • 25%
Tourism • 25%
Everyday transactions • 25%
Increase • 25%
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Moderate decrease • 25%
Significant decrease • 25%
National Reserves • 25%
Other • 25%
Investment Speculation • 25%
Everyday Transactions • 25%
21% - 30% • 25%
0% - 10% • 25%
11% - 20% • 25%
31% or more • 25%
Discontinued • 25%
Increased usage • 25%
Stable usage • 25%
Significantly reduced usage • 25%
No significant impact • 25%
Increased GDP growth • 25%
Reduced inflation • 25%
Improved fiscal balance • 25%