El Salvador President’s Bitcoin Claims Debunked: Facts Show Little Success in Rebranding Efforts

Share this blog on :

In a recent interview with Fox’s Tucker Carlson, El Salvador President Nayib Bukele praised for rebranding the country’s legacy.

Let’s look at the facts:-

  • #bitcoin usage is down -98.2%
  • 0% of “Bitcoin” Projects Started
  • Over $60M of taxpayer dollars lost

Bukele’s only “pro” he mentioned, was that Bitcoin has caused tourism to soar. Yet, this is simply a lie.

Tourism is nowhere near all-time highs, in fact, it’s at the second worst year in the last 5 decades.

The year-over-year increase is also due to the COVID-19 fears subsiding, and travel opening up, not Bitcoin.

Leave a Comment

Your email address will not be published. Required fields are marked *