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* * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?> Bitcoin-Loving President Bukele Reaches Record Support Level After 4 Years at the Helm (Survey) – CoinsMegaNews

Bitcoin-Loving President Bukele Reaches Record Support Level After 4 Years at the Helm (Survey)

2 years ago CryptoExpert
Bitcoin-Loving President Bukele Reaches Record Support Level After 4 Years at the Helm (Survey)

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Recent survey conducted by TResearch estimated that nearly 93% of Salvadorans approve of the leadership of President Nayib Bukele. This has been the highest level of support for the political leader who stepped into his role in 2019.

Bukele is a well-known figure across the cryptocurrency community, mainly due to his pro-Bitcoin stance. Under his rule, El Salvador became the first country to adopt the primary digital asset as a legal tender. 

Salvadorans are Satisfied With Bukele

According to the research, only 5.3% are not happy with the work carried out by Bukele’s administration, whereas 92.3% approve of its policies and actions. Some of the best achievements of the President’s cabinet include handling the COVID-19 pandemic, building new roads and upgrading highway infrastructure, and implementing reforms in the education sector.

For broad society, though, Bukele is known as the man who waged war on local criminal gangs and opened the nation’s doors to Bitcoin. 

El Salvador became the first country to declare BTC as legal tender inside its borders in 2021. Bukele’s government did not stop there, introducing multiple initiatives involving the asset in the following years. 

It purchased BTC on a macroeconomic level and used the profits to build a massive veterinary hospital. It also revealed intentions to create a futuristic “Bitcoin City” that will be located in the southeast region of the Latin American nation.

Unsurprisingly, the future metropolis will adopt BTC as its currency, while its urban area will be designed in such a way that it could represent the logo of the digital asset when looked at from above.

Bukele has recently explained that embracing Bitcoin has increased El Salvador’s tourism by nearly 100%, fixed its legacy, and made the country highly popular for investors and entrepreneurs.

Second Term for the Leader?

Despite El Salvador’s constitution that prohibits Presidents from having consecutive mandates, Bukele said he will compete in the elections in 2024.

“I’m announcing to the Salvadoran people that I’ve decided to run as a candidate for President of the Republic,” the 41-year-old announced in September. 

However, it seems like the controversial decision will not cause any backlash among locals since 93% would like him to remain their leader after the vote next year. 6.8% would be happier to see another person serving as President.

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