Public estimation of the Bitcoin (BTC) price in USD in El Salvador 2021
a price chart for Bitcoin (BTC) suggests it reached values between 37,000 and 47,000 U.S. dollars. Around 20 percent of the respondents in Salvador, however, thought a single BTC was worth one U.S. dollar or less. An additional four out of ten respondents did not reply to the question - potentially raising concerns on cryptocurrency literacy in a country that planned to introduce Bitcoin as a legal tender in September 2021.
When Salvadorans were asked in August 2021 on how much they thought the Bitcoin price was at that time, eight of out ten respondents filled in a wrong answer. That month,