Thursday, October 28

Salvadorans take to the streets to protest against Bitcoin | Digital Trends Spanish

Thousands of Salvadorans took to the streets of their country this Thursday, September 16, to protest against President Nayib Bukele and his measures related to Bitcoin.

In fact, many of the protesters wore white or black T-shirts that said “no to Bitcoin”, while launching slogans against the head of state.

It should be remembered that, on September 7, the Central American country incorporated this currency as a legal tender cryptocurrency, that means that it can be used in any transaction.

Getty Images.

With this, businesses are forced to accept payments through this digital currency, except those that, for now, do not have the necessary technology to do so.

Earlier this month, Bukele noted that the cryptocurrency will help Salvadorans working abroad send money back to their country.

However, those who participated in the mobilization fear that this will bring instability and inflation to a nation that is considered poor.

The image shows a group of people demonstrating against Bitcoin in El Salvador.
Getty Images.

On the day this Thursday, it was not all chants and slogans, there were also some violent moments in the middle of the protest, when some people set fire to a Bitcoin machine.

“It is important to say this morning: Enough already! What the government is doing is arrogant, it is authoritarian, ”a protester told the Reuters news agency.

The image shows a group of people demonstrating against Bitcoin in El Salvador.
Getty Images.

Last week, El Salvador made history by becoming the first country to use virtual currency as legal tender, alongside the US dollar.

In any case, independent polls show that the president continues to have a high approval rating, despite the divided opinions that have motivated his latest announcements.

Editor’s Recommendations