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El Salvador

Thousands protest in El Salvador against Bukele government (Al Jazeera)

Thousands of protesters have marched in El Salvador’s capital San Salvador against the actions of President Nayib Bukele’s government, including the move to make Bitcoin legal tender in the country.

Sunday’s demonstrators included feminist groups, human rights organisations, environmentalists and members of political parties.

Thousands protest in El Salvador against Bukele government | Protests News | Al Jazeera

Categorie
Bitcoin El Salvador

El Salvador’s Bitcoin Folly (Jeffrey Frankel, Project-Syndicate)

Many aspects of cryptocurrencies are baffling, not least the success of a joke like Dogecoin. But El Salvador’s recent adoption of Bitcoin as legal tender alongside the US dollar is perhaps the strangest and potentially most worrying example of all.

El Salvador’s Bitcoin Folly by Jeffrey Frankel – Project Syndicate (project-syndicate.org)