Bitcoin ATM Burned in El Salvador Amid Anti-Government Protests

September 17, 2021, 10:30 AM AEST - 1 month ago

A bitcoin ATM was burned and defaced with anti-BTC messages that read “democracy is not for sale” as protesters demonstrated resistance towards El Salvador’s pro-crypto President Nayib Bukele.

Protesters destroyed the Chivo machine in the Plaza Gerardo Barrios, located in the nation’s capital city centre. The government has installed 200 BATMs throughout the country as part of the reform to allow bitcoin as legal tender as El Salvador implemented the Central American republic’s Bitcoin Law on September 7.

Thousands of pro-democracy Salvadoreans took to the streets to protest against the government’s acceptance of cryptocurrency. The September 15 demonstration coincided with the bicentenary of El Salvadorean independence.

Protesters marched through the central square in San Salvador holding placards reading “Respect the Constitution” and “No to Bitcoin”, denouncing a perceived dictatorship.

Last month, protesters gathered to oppose the Bitcoin Law outside the capital’s Legislative Assembly Building, claiming the legislation only facilitates money laundering and corruption.

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