22 October 2021,   23:18
Bitcoin protests in El Salvador against cryptocurrency as legal tender

Thousands of protesters have taken to the streets in El Salvador, angry at the introduction of Bitcoin as its legal tender, writes BBC.

President Nayib Bukele says the cryptocurrency will help Salvadorans working abroad to send money back home.

But demonstrators fear it will bring instability and inflation to the impoverished Latin American country.

Some protesters set fire to a brand-new Bitcoin machine, while others held signs reading “Bukele Dictator”.

Last week, El Salvador became the first country to use the virtual currency as a legal tender, alongside the US dollar.