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Nayib Bukele’s Op-Ed on Bitcoin Is Available in Digital Format

El Salvador’s President Nayib Bukele has released an Op-Ed in Bitcoin Magazine, analyzing Bitcoin detractors and the implications of his country’s adoption of the cryptocurrency.
Published on 2022-10-02

Nayib Bukele’s Op-Ed on Bitcoin Is Available in Digital Format

El Salvador’s President Nayib Bukele has published an Op-Ed in the latest digital edition of Bitcoin Magazine, offering insights into the criticism surrounding Bitcoin adoption. The article, available in both English and Spanish, comes after El Salvador made history by becoming the first nation to adopt Bitcoin as legal tender in September 2021.

Analyzing Bitcoin Detractors

In his Op-Ed, Bukele categorizes Bitcoin detractors into three distinct groups:

  1. Those who genuinely believe adopting Bitcoin was the wrong decision.
  2. Those who support Bitcoin but for the wrong reasons.
  3. Those who are fearful of the implications of El Salvador’s Bitcoin adoption.

The president also highlights the influence of powerful global elites who may benefit if El Salvador reverses its Bitcoin strategy. He suggests these elites control key institutions, including media, banks, NGOs, and international organizations.

Bitcoin’s Current Price

As of the latest update, Bitcoin (BTC) is trading at $19,293.07, showing a slight drop of 0.05% over the past 24 hours, according to CoinMarketCap.

A Call to Awareness

Bukele concludes by urging readers to recognize the broader implications of Bitcoin adoption and resist the manipulative tactics of powerful elites.

Disclaimer: The views expressed in this article are for informational purposes only and should not be considered as investment advice. Readers are advised to conduct their own research and due diligence before making any financial decisions.

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