One-fifth of businesses in El Salvador now accept Bitcoin: NBER study -Breaking
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NBER study: El Salvador has accepted Bitcoin by one fifth of its businessesMonths after (BTCThe following was added to the list: legal tender in El SalvadorAccording to the National Bureau of Economic Research’s (NBER), 20% of all businesses accept Bitcoin as a payment option.
It StudySurveying 1,800 El Salvadorans, the researchers sought to determine the rate of adoption of Bitcoin in El Salvador after the Bitcoin Law had been passed. Researchers found that BTC gained ground in comparison to other forms of payment.
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