Some customers who used the Chivo Bitcoin automated teller machine (ATM) in San Salvador, to conduct transactions had to leave disappointed as the app was down. — Bloomberg
El Salvador on Tuesday became the first country to embrace bitcoin as legal tender, with consumer demand crashing its brand-new cyber "wallet" system even as the currency's value seesawed against the US dollar.
Under the initiative of President Nayib Bukele, Salvadoran consumers can now legally use bitcoin – along with the US dollar which has been the official currency for two decades – to pay for any good or service.
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