Thousands of people reportedly gathered in the capital of El Salvador on Wednesday to as well as moves by President Nayib Bukele.
El Salvador officially adopted Bitcoin aslast week, making it the first country to do so. Officials also rolled out Chivo, a state-sponsored Bitcoin wallet, but the system has reportedly been down multiple times.
On Wednesday, protesters marched in San Salvador carrying signs that read "we were defrauded by Bitcoin" and "no to dictatorship," according to Bloomberg. The protesters were largely peaceful, according to media reports, though some vandalized newly installed Chivo ATMs, which handle Bitcoin transactions.
The Bitcoin Law, which was , makes the cryptocurrency legal tender in the country alongside the US dollar. Supporters say it could give the country more economic autonomy and lower the cost of remittance payments, which make up 24% of El Salvador's GDP, according to data from the World Bank.
But the move comes with risks, in part due to the volatility of Bitcoin. On Sept. 7, the first day of El Salvador's rollout,before recovering as the day continued.