{"id":12478,"date":"2021-09-18T02:50:19","date_gmt":"2021-09-17T22:20:19","guid":{"rendered":"https:\/\/blue-subtitle.com\/blog\/?p=12478"},"modified":"2021-09-18T02:50:19","modified_gmt":"2021-09-17T22:20:19","slug":"protesters-burn-bitcoin-atm-as-part-of-demonstration-against-el-salvador-president","status":"publish","type":"post","link":"https:\/\/blue-subtitle.com\/blog\/protesters-burn-bitcoin-atm-as-part-of-demonstration-against-el-salvador-president\/","title":{"rendered":"Protesters burn Bitcoin ATM as part of demonstration against El Salvador president"},"content":{"rendered":"<p style=\"text-align: left;\">Bitcoin detractors and those protesting the policies of El Savador President Nayib Bukele have destroyed a crypto kiosk in the nation\u2019s capital city.<\/p>\n<p style=\"text-align: left;\">News outlet Teleprensa and others posted videos on social media showing a Chivo-supported kiosk in San Salvador burning amid a crowd of journalists and protesters on Wednesday. The Bitcoin (BTC) machine, one of many arranged by the El Salvador government since its acceptance of the cryptocurrency as legal tender in the country, could be seen defaced with anti-BTC logos and a sign saying \u201cdemocracy is not for sale.\u201d<\/p>\n<div class=\"twitter-tweet twitter-tweet-rendered\" style=\"text-align: left;\"><iframe id=\"twitter-widget-0\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?creatorScreenName=cointelegraph&amp;dnt=false&amp;embedId=twitter-widget-0&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3NwYWNlX2NhcmQiOnsiYnVja2V0Ijoib2ZmIiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1438208205314797569&amp;lang=en&amp;origin=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fprotesters-burn-bitcoin-atm-as-part-of-demonstration-against-el-salvador-president&amp;sessionId=2c404345b2314a36974f7272d1537baa30c3f9f4&amp;siteScreenName=cointelegraph&amp;theme=light&amp;widgetsVersion=1890d59c%3A1627936082797&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1438208205314797569\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p style=\"text-align: left;\">San Salvador Mayor Mario Dur\u00e1n\u00a0said\u00a0city workers had pulled out of the area after receiving threats but planned to return later this afternoon. At the time of publication, the damage seems to be limited to the Chivo machine in the Plaza Gerardo Barrios in the center of the capital city, but protesters also reportedly\u00a0burned\u00a0furniture from one of the plaza\u2019s shops.<\/p>\n<p style=\"text-align: left;\">The Chivo kiosk \u2014 similar to a Bitcoin ATM \u2014 is one of roughly 200 in El Salvador, part of the government\u2019s rollout to accept BTC as legal tender alongside the U.S. dollar. President Bukele has said he hopes the crypto ATMs will eventually be \u201ceverywhere\u201d in the country, but has claimed that no one will be forced to use Bitcoin.<\/p>\n<p style=\"text-align: left;\">Even before the Bitcoin Law went into effect on Sept. 7, El Salvador faced resistance to the seemingly radical legislation. Protesters calling themselves the Popular Resistance and Rebellion Block\u00a0marched in the capital city streets\u00a0in July, while a group consisting of retirees, veterans, disability pensioners and other workers\u00a0formed their own demonstration\u00a0the following month.<\/p>\n<div class=\"twitter-tweet twitter-tweet-rendered\" style=\"text-align: left;\"><iframe id=\"twitter-widget-1\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?creatorScreenName=cointelegraph&amp;dnt=false&amp;embedId=twitter-widget-1&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3NwYWNlX2NhcmQiOnsiYnVja2V0Ijoib2ZmIiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1438215405307375616&amp;lang=en&amp;origin=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fprotesters-burn-bitcoin-atm-as-part-of-demonstration-against-el-salvador-president&amp;sessionId=2c404345b2314a36974f7272d1537baa30c3f9f4&amp;siteScreenName=cointelegraph&amp;theme=light&amp;widgetsVersion=1890d59c%3A1627936082797&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1438215405307375616\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p style=\"text-align: left;\"><strong><em>Related:\u00a0<\/em><\/strong><strong><em>El Salvador\u2019s Bitcoin detractors: Opposition groups gather as crypto law rolls out<\/em><\/strong><\/p>\n<p style=\"text-align: left;\">The same day the country\u2019s Bitcoin Law went into effect, the price of the crypto asset dipped below $43,000,\u00a0prompting Bukele to say\u00a0he had \u201cbought the dip\u201d with the purchase of an additional 150 BTC. At the time of publication, the BTC price is $47,978, having risen by more than 3% in the last 24 hours.<\/p>\n<div class=\"article-subscription-widget__form\" style=\"text-align: left;\"><\/div>\n<div style=\"text-align: left;\">\nSource: Cointelegraph<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin detractors and those protesting the policies of El Savador President Nayib Bukele have destroyed a crypto kiosk in the nation\u2019s capital city. News outlet Teleprensa and others posted videos on social media showing a Chivo-supported kiosk in San Salvador burning amid a crowd of journalists and protesters on Wednesday. The Bitcoin (BTC) machine, one [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7509],"tags":[7517,7516,7518],"class_list":["post-12478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-bitcoin-atm","tag-protesters-burn-bitcoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Protesters burn Bitcoin ATM as part of demonstration against El Salvador president - blue subtitle<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blue-subtitle.com\/blog\/protesters-burn-bitcoin-atm-as-part-of-demonstration-against-el-salvador-president\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Protesters burn Bitcoin ATM as part of demonstration against El Salvador president - blue subtitle\" \/>\n<meta property=\"og:description\" content=\"Bitcoin detractors and those protesting the policies of El Savador President Nayib Bukele have destroyed a crypto kiosk in the nation\u2019s capital city. News outlet Teleprensa and others posted videos on social media showing a Chivo-supported kiosk in San Salvador burning amid a crowd of journalists and protesters on Wednesday. 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