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The use of bitcoin in El Salvador appears to be low, as the currency has lost about 60% of its value since the experiment started.
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The initiative appears to be a response to the capital's Soyapango district's redevelopment, which has a reputation for gang violence.
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Bitcoin popularity in El Salvador appears to have reached a snag recently.
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'Nothing good has occurred.'
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The Central African Republic has become the world's second country to embrace bitcoin as its official currency, following El Salvador's decision last year.
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The Salvadoran government has decided to postpone the sale of Bitcoin bonds due to adverse market circumstances.
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I knew I wasn't in an ordinary beach town as soon as I stepped out of the back of a pickup truck in El Zonte, El Salvador.
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El Salvador is on a mission to popularize the use of Bitcoin within its borders, and it appears to be succeeding one citizen at a time. According to President Nayib Bukele, Bitcoin adoption was gaining traction as citizens increasingly exchanged their US dollars for Bitcoin.