• Katie Silver
  • BBC

photo released, EPA

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About a thousand protesters took to the streets of San Salvador against the official adoption of Bitcoin

The first day of El Salvador’s official adoption of the digital currency “Bitcoin” in the country witnessed angry protests, technological failures and a sharp decline in the value of the currency.

On Tuesday, the price of Bitcoin fell to its lowest level in nearly a month, from $52,000 to less than $43,000 at one point.

An opposition politician said that the decline cost the country, which is one of the poorest in Latin America, a loss estimated at three million dollars.

The introduction of Bitcoin in El Salvador was far from what the president, Najib Bukele, had envisioned when he began his daring experiment.