In an article for Bitcoin Magazine, he rejected criticisms that elevating BTC to the same status as the U.S. dollar was a 'dumb move' or a 'gamble' 👀
Nayib Bukele has defended El Salvador's decision to adopt Bitcoin as legal tender ― describing it as "the only obvious move."for Bitcoin Magazine, he rejected criticisms that elevating BTC to the same status as the U.S. dollar was a "dumb move" or a "gamble." He wrote:
Just three months later, the Bitcoin Law came into force ― sparking protests on the streets and condemnation from the International Monetary Fund. "They used to own everything, and in a way they still do; the media, the banks, the NGOs, the international organizations, and almost all the governments and corporations in the world. And with that, of course, they also own the armies, the loans, the money supply, the credit ratings, the narrative, the propaganda, the factories, the food supply; they control international trade and international law.
He also boasted that his presidential approval rating, which sits at between 85% and 90%, is far higher than the scores that leaders in other countries get."My message to you is this: stop drinking the elites' Kool-Aid and take a look at the facts… see how one of the poorest nations in the continent and the previous murder capital of the world is changing to rapidly become the best place it can be.
Bukele went on to predict that other countries will follow in El Salvador's footsteps if his policy succeeds ― and that he refuses to fail because this means other nations won't adopt Bitcoin. He finished by asking:
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