El Salvador’s president criticizes everyone who hates Bitcoin after Bitcoin price hits $64,000
Nayib Bukele has condemned all critics who criticized him for his decision to purchase Bitcoin for the National Reserve Fund. He said that if Bitcoin trading prices plummet, critics will shine again with their Bitcoin hate reports.
El Salvador is a very popular country in the world. The country’s popularity soared following the president’s decision to adopt Bitcoin as legal tender in mid-2021. In September of the same year, El Salvador adopted Bitcoin as an alternative currency. The country’s Bitcoin adoption strategy has played a significant role in attracting domestic tourists. In mid-2023, the government of El Salvador partnered with the Volcano Energy group to establish the world’s largest Bitcoin mining site.
Currently, El Salvador has a total of 2,849₿. With this holding, the country gains 40%. At current Bitcoin trading prices, the country could easily make a profit of $57,927,960 from the sale.
The country’s President Nayib Bukele took to
Bukele asked where were all the journalists who criticized him but disappeared when the national interest was at 40%.
El Salvador’s president said why no news of Bitcoin profits in El Salvador is reported when Bitcoin prices are currently high.
Bukele also said that the country’s main source of Bitcoin revenue is its citizenship program and that the country will never sell its Bitcoin holdings for a profit/loss.
Especially all the facts shared by Bukele are 100% accurate. According to some reports, most of the negative reports regarding Bukele’s Bitcoin adoption plan are supported by opposition political leaders.
Thanks to better leadership to grow the country’s GDP and the fight against criminal gangs, Bukele once again won a major victory for the country as president in February 2024.
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