El Salvador’s bitcoin experiment splits community amid major price decline
September 08, 2021 at 17:14 PM EDT
El Salvador's adoption of bitcoin as a legal tender was viewed by many cryptocurrency investors as a watershed moment, but the rocky rollout of the country's digital wallet and growing concern over President Nayib Bukele's approach to the bitcoinization of his country's economy has caused some supporters to warn that the episode will prove to be a major setback.