Among Republic of el salvador preparing to officially enforce the country's Bitcoin Law in early September, Salvadorans took to the streets to protestation over the adoption of Bitcoin (BTC) equally an official currency.

El Salvador'due south anti-Bitcoiners take expressed discontent regarding the regime'south plans to prefer Bitcoin equally legal tender, with hundreds of protesters marching through the capital, San Salvador, terminal Friday, Euronews TV network reported.

The demonstrators — including retirees, veterans, disability pensioners and workers — voiced their concerns over Bitcoin's unstable price. The crowd was worried that the regime would start paying their pensions in Bitcoin instead of the United States dollar.

"We know this coin fluctuates drastically. Its value changes from one 2nd to another, and nosotros will have no control over it," Stanley Quinteros, a member of the Supreme Courtroom of Justice's workers' marriage, reportedly said. Salvadorans also expressed concerns over the lack of knowledge and agreement of the technology needed to use cryptocurrencies like Bitcoin. Protesters held up signs saying, "We don't want Bitcoin" and "No to corrupt money laundering."

According to local reports, El salvador's latest anti-Bitcoin protests were plainly a part of a wider opposition campaign by local veterans protesting over low pensions on Fri. Equally such, some protesters reportedly demanded a pension increase from $100 to $300.

Related: El Salvador'south Bitcoin adoption may transform remittances in Cardinal America

The latest anti-Bitcoin protests in El Salvador followed some growing skepticism about the state'south Bitcoin move. Concluding week, the Salvadoran Association of International Freight Carriers reportedly initiated anti-Bitcoin protests, reportedly enervating the government to reconsider mandatory credence of Bitcoin in Republic of el salvador.

As previously reported past Cointelegraph, Salvadoran President Nayib Bukele appear legislation to take Bitcoin every bit legal tender alongside the U.S. dollar in early June. The bill later passed the nation'due south Legislative Assembly and is scheduled to be enforced on Sept. vii. Last week, the president clarified that Salvadorans would be free not to use Bitcoin, stating:

"What if someone doesn't desire to use Bitcoin? Don't download the Chivo app and keep living your normal life. Nobody is going to take your dollars. Someone can always queue upwards at Western Union and pay a commission."