According to a report from Globo, a poll commissioned by Sherlock Communications and conducted through the Toluna research platform indicated that 48% of Brazilians want to follow the example of El Salvador and make Bitcoin the country's official currency, with another 30% of respondents maintained a neutral attitude, with 21% of respondents disagreeing (12% disagree, 9% strongly disagree). 

In addition, the proportion of Brazilians who said they would not invest in cryptocurrencies has dropped from 33% in 2020 to 12% in 2021. 

Security issues, high volatility, and shortage of funds were listed as the top reasons. In addition to Brazil, the survey also listened to the opinions of people in Argentina, Chile, Colombia, Costa Rica, El Salvador, Venezuela, and Mexico. The results showed that Brazil is the most BTC-friendly Latin American country.

By Mary Liu