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El Salvador President says Dollar is dead, Bitcoin is future

El Salvador President says Dollar is dead, Bitcoin is future

India Today
Friday, December 24, 2021 01:08:09 PM UTC

Nayib Bukele has spoken out against critics of Bitcoin, claiming that it is the next revolution. Here is why it makes sense for the president of El Salvador, despite the regular warnings of experts.

El Salvador President Nayib Bukele has yet again made his love for Bitcoin public. In a tweet, Bukele boldly announced that the days of fiat money may soon be over and that Bitcoin is the "real revolution" the world is seeing at present. Bukele also mentioned that El Salvador is spearheading this Bitcoin era.

Taking to Twitter, the El Salvador President stated on Friday that the “Bitcoin Experiment” has only seen the world adopt the cryptocurrency for good. He mentioned that it remains to be seen what impact the adoption of Bitcoin can create on a country's economy. If it turns out well, the days of fiat money may be over soon, he predicted.

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