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Bukele says El Salvador Bitcoin adoption fell short of expectations

President Nayib Bukele acknowledges in an interview that public Bitcoin adoption in El Salvador has been lower than he had hoped.

On August 29, 2024, Bukele says El Salvador Bitcoin adoption fell short of expectations. President Nayib Bukele acknowledges in an interview that public Bitcoin adoption in El Salvador has been lower than he had hoped.

Bukele acknowledged that adoption had been lower than hoped while defending the policy's voluntary character and broader results. The statement is valuable as contemporary self-assessment rather than as evidence of a new law.

The event captures how Bitcoin was being interpreted, debated or absorbed into public life in 2024, preserving a dimension of history that protocol and market records alone would miss.

Sources

  1. TIME interview with Nayib Bukele