El Salvadorans protest against Bitcoin, Chivo wallet ATMs burn on Independence Day | Sept 16

Many El Salvadorans took to the streets on Wednesday (September 16) on the 200th anniversary of the country’s independence to protest President Nayib Bukele and the Bitcoin law.

Some extremists set fire to Chivo Wallet’s Bitcoin ATM in the capital, San Salvador.

Anti-Bitcoin protests escalate on El Salvador's Independence Day

People burn Bitcoin ATMs in the capital, San Salvador

El Salvador officially recognized Bitcoin as legal tender on September 7th, marking a historic event.

President Nayib Bukele criticized the protesters, saying they were vandals on Twitter.

There have been protests against the Bitcoin law since July and August. But yesterday’s protest was the most violent, with thousands of citizens taking to the streets.

El Salvadorans are not only against the Bitcoin law, but also against President Bukele, who some believe has reduced the power of the national courts and gained too much power in his hands.

RIP Bitcoin ATM at the National Palace in San Salvador. She was sadly  smashed and burned this morning during the national bicentennial march.  Worked with any wallet and no fees, no Chivo

Although Bukele was previously highly praised in opinion polls for improving security in the country, he was most recently criticized for his monopoly.

With the Bitcoin law announced by Bukele in June and passed by lawmakers shortly afterwards, companies must accept Bitcoin payments if they have the technology. Citizens are not required to use Bitcoin but are encouraged as those who sign up to use Chivo, the government’s official cryptocurrency wallet, will be rewarded with $ 30 in Bitcoin. Chivo has encountered a number of technical issues since Bitcoin was accepted as a legal currency in the country.

Investment banks like JP Morgan, US officials and even the World Bank have criticized El Salvador’s Bitcoin law – arguing that it will be difficult to implement.

Today’s protests are proof that they can be right.First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country's  BTC Stash Grows – News Bitcoin News

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El Salvadorans protest against Bitcoin, Chivo wallet ATMs burn on Independence Day | Sept 16

Many El Salvadorans took to the streets on Wednesday (September 16) on the 200th anniversary of the country’s independence to protest President Nayib Bukele and the Bitcoin law.

Some extremists set fire to Chivo Wallet’s Bitcoin ATM in the capital, San Salvador.

Anti-Bitcoin protests escalate on El Salvador's Independence Day

People burn Bitcoin ATMs in the capital, San Salvador

El Salvador officially recognized Bitcoin as legal tender on September 7th, marking a historic event.

President Nayib Bukele criticized the protesters, saying they were vandals on Twitter.

There have been protests against the Bitcoin law since July and August. But yesterday’s protest was the most violent, with thousands of citizens taking to the streets.

El Salvadorans are not only against the Bitcoin law, but also against President Bukele, who some believe has reduced the power of the national courts and gained too much power in his hands.

RIP Bitcoin ATM at the National Palace in San Salvador. She was sadly  smashed and burned this morning during the national bicentennial march.  Worked with any wallet and no fees, no Chivo

Although Bukele was previously highly praised in opinion polls for improving security in the country, he was most recently criticized for his monopoly.

With the Bitcoin law announced by Bukele in June and passed by lawmakers shortly afterwards, companies must accept Bitcoin payments if they have the technology. Citizens are not required to use Bitcoin but are encouraged as those who sign up to use Chivo, the government’s official cryptocurrency wallet, will be rewarded with $ 30 in Bitcoin. Chivo has encountered a number of technical issues since Bitcoin was accepted as a legal currency in the country.

Investment banks like JP Morgan, US officials and even the World Bank have criticized El Salvador’s Bitcoin law – arguing that it will be difficult to implement.

Today’s protests are proof that they can be right.First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country's  BTC Stash Grows – News Bitcoin News

We invite you to join our Telegram for faster news: https://t.me/coincunews

Mr. Teacher

After decryption

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

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