[6] The law was substantially rescinded on January 29, 2025, after a Bukele government deal with the International Monetary Fund to remove bitcoin's official status in return for a loan.

[14] In pushing the bill, Bukele cooperated with Strike, a financial service firm[13] which uses the Lightning Network for settlement,[15] and Jack Mallers, its CEO.

[20] Siobhan Morden of Amherst Pierpont commented that the law could bring complications to Bukele's talks with the International Monetary Fund.

"[17] Carlos de Sousa of Vontobel Asset Management expressed concerns that the decentralized system would lead to easier money laundering and tax avoidance.

[5] In the early hours after the law took effect and the official launch of new technologies to deal with a major change to the national currency infrastructure, the government had to take its bitcoin e-wallet, Chivo, offline due to excessive load.

[5] 7 September 2021 also saw a crash in bitcoin to its lowest in almost a month, causing the country to experience a 3 million USD paper loss.

[26] Due to concerns about bitcoin's volatility, as a result, over 1,000 protestors gathered outside the Supreme Court of El Salvador to protest the law.

In addition, many of the largest gas stations in the country are offering a 20 cents per gallon discount on gasoline for those who pay through the Chivo app.