Nayib Bukele accuses Bloomberg of lying about bitcoin adoption in El Salvador

The President of El Salvador, Nayib Bukeleaccused of “liar” to the Bloomberg news agency after it published an article questioning the scope of the adoption of the bitcoin (BTC) in El Salvador.

The Article from Bloomberg titled “The Bitcoin revolution is failing miserably”, assures that few people us btc in El Salvador after approving the Ley Bitcoin in september 2021

In addition, he maintains that the few investors who bought BTC after passing the Bitcoin Law they lost a lot of money.

The author of the article, Zeke Falso, assured that many businesses accepted bitcoin of “reluctantlyand after receiving them they immediately exchanged them into fiat currency.

This article is full of lies.which represents a standard for Bloomberg,” said President Bukele.

He indicated that one of the things that most “surprise” is to observe how one of the main media outlets in the world has become “worried so much” by bitcoin adoption in El Salvador.

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Bukele added that “The corrupt politicians of our country looted 37,000 million dollars from our state coffers and the media never wrote a single article about it.”

Criticism of the 3 years of Bukele’s government

The Bloomberg agency through its article tries to offer a “general criticism” to the government management of Nayib Bukele since the year 2019.

Ensures that the adoption of bitcoin as legal tender in The Savior It has not helped the population economically.

However, the media outlet acknowledges that, despite political and economic problems, the popularity of the president exceeds 90% approval.

It is worth mentioning that the television presenter, Stacy Herbertalong with her husband and Wall Street veteran, Max Keiserresponded to the arguments of this article and described it as propaganda.

“Pure propaganda against bitcoin and El Salvador”

Neil Jacobsco-founder of the board of directors of the Sats Center, the network of bitcoin educators, supporters and advocates, called Bloomberg’s anti-BTC article “propaganda”.

Bloomberg over the last three weeks has published the same article 11 times criticizing the president of El Salvador, Nayib Bukele. That’s how propaganda works,” Jacobs said.

He indicated that Bloomberg has the right to write a negative opinion piece on bitcoin adoption in El Salvador. However, successively repeating the same information becomes “pure propaganda”.

“I don’t think the folks at Bloomberg have a lousy social media department. Who accidentally publishes an article repeatedly using the Social Flow app”, he pointed out.

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