Some of the money from El Salvador's state-issued Chivo wallets is reportedly missing, according to many Salvadorans posting on social media.

In a Dec. sixteen Twitter thread started by user "the commissioner," at to the lowest degree l Salvadorans accept reported December losses totaling more than $96,000, post-obit the setup of the Bitcoin (BTC) wallets by the regime. Some of these transactions were for equally fiddling as $61, but others said they were missing thousands or more.

"There is a security flow on the wallet where money and transactions disappeared," said Luis Guardado in a direct entreatment to President Nayib Bukele. "No tech support and just useless calls, where is my money."

Bukele said in October that 3 million Salvadorans were using their Chivo wallets, roughly half of the nation'due south six.v million people. Since El Salvador's Bitcoin Constabulary was first proposed in June, many in the country have opposed the measure for a diversity of reasons, including the volatility of cryptocurrencies and claims that they were an unreliable investment for pension funds. Protestors marched through the capital metropolis of San Salvador before the law went into outcome on Sept. vii, with subsequent protests seeing some people managing to ransack and burn Chivo kiosks.

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El salvador'due south president has ofttimes taken to social media to promote the adoption of BTC as well as related projects, including using geothermal free energy from the country's volcanoes to mine crypto and building a Bitcoin City initially funded by $1 billion in BTC bonds. He also uses the platform to announce his Bitcoin purchases to the globe. At the time of publication, the country's treasury holds 1,391 BTC — roughly $71 million with the price of the crypto asset hovering almost $50,000 for the holidays.