Salvadorans Protest Against Government’s Bitcoin Gamble as Official Wallet Suffers Glitches

A man protests against the adoption of Bitcoin as legal tender in El Salvador on September 7, 2021.

A person protests towards the adoption of Bitcoin as authorized tender in El Salvador on September 7, 2021.
Photo: Marvin Recinos/AFP (Getty Images)

More than 1,000 folks took to the streets of San Salvador, El Salvador on Tuesday to protest towards the nation’s new Bitcoin Law, championed by 40-year-old President Nayib Bukele. The regulation acknowledges bitcoin as authorized tender, and is taken into account an enormous gamble for one of many poorest nations in Latin America.

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https://gizmodo.com/salvadorans-protest-against-governments-bitcoin-gamble-1847634287