In the wake of El Salvador's adoption of cryptocurrency, a YouGov poll has revealed that 27% of US residents support the idea of Bitcoin (BTC) becoming a legal tender.
The support is one of the highest around the world and reflects a broader trend towards crypto adoption.
YouGov reported that 11% of all respondents “strongly support” the idea of BTC becoming a legal tender in the country with another 16% “somewhat supporting it”.
The poll interviewed 4,912 US residents, with Democrats supporting the idea more so than Republicans.
Younger generations seem to be more open to the idea than their elders. Almost 44% of those aged 25-34 responded positively to the question of whether BTC should be a legal tender.
However, those aged 57-75 strongly opposed the idea, with only 11% in total support of the idea and 43% strongly opposing the idea.
Income was another determining factor. Those earning $40,000 or less were less likely to support BTC as a legal tender than those earning $80,000 or more.
El Salvador is currently running the biggest experiment of mass BTC adoption with the strong and almost non-negotiable backing of the government. If successful, the country could serve as an example for others who pursue a similar course of action.