El Salvador 'has not had any losses' due to Bitcoin price dive, finance minister says

El Salvador 'has not had any losses' due to Bitcoin price dive, finance minister says


Alejandro Zelaya, the minister of finance of El Salvador, reacted to the recent media attacks on the nation’s strategy of investing in Bitcoin (BTC) by calling the allegations of fiscal risks “extremely superficial.”

During a press conference held on Monday, Zelaya responded to a journalist’s question about the government’s reaction to Bitcoin’s sharp dip in an emotional manner:

“There is a clear criticism of Bitcoin as such, not of El Salvador’s strategy. El Salvador is what interests them the least, they [the media outlet] are not interested in what happens to our economy, they are not interested in what happens with our people, what happens with inflation.”

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The official underscored the impropriety of allegations that around $40 million had been lost by the country’s budget because of

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