El Salvador Becomes First Nation to Make Bitcoin Legal Tender Amid Growing Authoritarianism
Thousands in El Salvador took to the streets Wednesday to protest President Nayib Bukele’s growing consolidation of power and a new law making El Salvador the world’s first country to recognize the highly volatile cryptocurrency bitcoin as legal tender. Protesters in El Salvador are also criticizing a recent court ruling that paves the way for Bukele to run for reelection in 2024.