El Salvador's 'Bitcoin Day' did not go especially well.
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.London El Salvador's "Bitcoin Day" did not go especially well.
The impoverished country's vaunted adoption of bitcoin as legal tender on Tuesday was marred by street protests, technical glitches and an extreme drop in the value of the controversial digital currency.What went wrong?President Nayib Bukele, a right-wing populist who is the driving force behind the bitcoin initiative, took the dramatic price drop in his stride."Buying the dip," he quipped on Twitter.
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