Salvadoran President Nayib Bukele Takes Aim at Bitcoin Detractors, Says the Ones Who Are Afraid 'Are the World's Powerful Elites

09 Oct 2022, 08:00

Salvadoran President Nayib Bukele Takes Aim at Bitcoin Detractors, Says the Ones Who Are Afraid ‘Are the World’s Powerful Elites’ It’s been over a year since El Salvador codified bitcoin as legal tender in the Latin American country, and by popping the ‘orange pill,’ the country was propelled into the international spotlight. At the end of September, the 41-year-old Salvadoran president Nayib Bukele penned an opinion editorial that takes aim at the detractors who think it was the wrong decision, those who think it was a good decision but for the wrong reasons, and opponents who “are afraid of our decision.” Nayib Bukele’s Opinion Editorial Tells People to ‘Stop Drinking the Elite’s Kool-Aid’According to Salvadoran president Nayib Bukele, if the bitcoin experiment his country is participating in succeeds, a great number of other countries worldwide will follow in the Latin American country’s footsteps. Bukele said this in a recently penned opinion editorial called “Stop Drinking the Elite’s Kool-Aid,” which was published on September 30, 2022, in English and Spanish. In the editorial, Bukele criticized three camps of detractors and he believes that most of them are simply afraid of El Salvador’s innovative decisions. “The most vocal detractors, the ones who are afraid and pressuring us to reverse our decision, are the world’s powerful elites and the people who work for or benefit from them,” Bukele explains in his article. “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.”