Salvadorans protest new cryptocurrency and power grab by President Bukele​

San Salvador, October 2 (RHC)-- In El Salvador, thousands of people took to the streets of the capital San Salvador for another round of protests against President Nayib Bukele and El Salvador’s adoption of bitcoin as an official currency. 

Critics warn of drastic fluctuations in cryptocurrency’s value and worry about the economic impacts on poorer communities. 

One of the organizers of the protests, Carlos Garcia, told reporters: “We do not agree with the bitcoin law.  We want the law to be removed because it’s money laundering in our country.  Also, regarding the constitution, we have a good constitution.  The problem is that the president wants to be reelected, and he wants to change the constitution.”

Opponents are accusing Bukele of being a dictator.  This comes as last month Salvadoran Supreme Court judges, who were recently appointed by Bukele’s political party, ruled that the president could seek a second consecutive term — which until now has been prohibited in El Salvador.