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El Salvador Citizens Protest against Bitcoin becoming Legal Tender

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Tanya Yadav
Tanya Yadav
Digital Business Head of Transcontinental Times, Covering Social, Cultural and Political Issues

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

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

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

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