El Salvador President Nayib Bukele has reacted to international organizations’ frequent criticism of El Salvador’s Bitcoin policy.
Ever since El Salvador adopted Bitcoin, it continues to be criticized by many international organizations on the subject. Bukele took to Twitter to give a general response to these criticisms.
“What international organizations are calling the “Bitcoin Experiment” is nothing more than the world watching how mass adoption is changing a country’s economy.
If it’s good it’s game over for FIAT coins
El Salvador is the spark that ignites the real revolution.”
Bank of England, International Monetary Fund etc. Organizations like El Salvador continue to criticize Bitcoin policies. However, El Salvador has not deviated from its Bitcoin policy. The country does not neglect to increase its Bitcoin reserves day by day.
The country bought 21 more Bitcoins worth roughly $1 million in the past day.