YouGov poll finds 27% support for making Bitcoin legal tender in US. In fact, Republicans are less likely than Democrats to think Bitcoin should be legal tender. Moreover, baby boomers are opposed to the concept.
According to a recent poll, 27% of Americans encourage the government to adopt Bitcoin as legal tender in the US.
The research and data analytics firm “YouGov” that conducted the poll educed these results: 11% of respondents strongly encourage the proposal of adopting BTC as legal tender in the US. And 16% of respondents “somehow encourage it”.
According to the poll’s results which questioned 4,912 U.S. American citizens, Democrat respondents bolster the proposal than Republicans do. Approximately 29% of Democrats said they whether robustly encourage or slightly agree to adopt BTC as legal tender compared to 26% of Republicans.
The younger generation came on top
As logically expected, the majority of supporters are from the younger generation. 44% of respondents with 25 to 34 years of age were robustly encouraging the adoption of BTC as legal tender. On the other hand, 43% of respondents with 57 to 75 years of age were against the proposed concept and only 11% of the same age category supported it.
El Salvador’s contentious Bitcoin legislation
The results indicate that income has a compelling impact on people’s demeanour in terms of crypto.
The vote came after the announcement of El Salvador’s contentious Bitcoin legislation implemented on September 7. El Salvadoran president Nayib Bukele presented the legislation and El Salvador’s parliament approved it in June. In spite of the opposition from the international community and 70% of Salvadoran citizens.