Salvadorans hit the streets against recognition of Bitcoin as legal tender

The Bitcoin law was approved by the parliament, controlled by Bukele’s party and its allies, last June. Economists warned that the digital currency’s lack of transparency could attract increased criminal activity to the country and make El Salvador a haven of money laundering.

September 17, 2021 by Peoples Dispatch

On the 200th anniversary of El Salvador’s independence, September 15, thousands hit the streets to continue ongoing protests against recent anti-people measures taken by the government of Nayib Bukele. The protests intensified following the recent decision to make the cryptocurrency Bitcoin legal tender in the country and what progressives call instances of abuse of power by the president.