Salvadorans show support for bitcoin despite IMF criticism


A vendor hods a sign reading ‘Bitcoin accepted’ at a store in San Salvador. The IMF urged El Salvador to withdraw bitcoin as a legal tender, pointing to ‘great risks associated’ with the use of cryptocurrency, a blow to President Nayib Bukele. — AFP

Karen Hernandez sells mobile phone accessories in El Salvador and says business has been through the roof since the country started using bitcoin as legal tender.

She hopes President Nayib Bukele will ignore calls from the International Monetary Fund to drop use of the cryptocurrency.

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