Nayib Bukele Is Not the Bitcoin Hero We Need

Nayib Bukele Is Not the Bitcoin Hero We Need


The decision facing bitcoin advocates now may be more complex. El Salvador is a valuable testing ground for the digital currency, but if El Faro’s findings are true it seems clear the Bukele administration can no longer be considered a trustworthy partner. Beyond the simple ethics of supporting a regime that seeks antidemocratic methods of repressing its critics, the bitcoin community must be vigilant about public perception, given the continued widespread hostility towards cryptocurrency. A leader willing to use black-ops spyware against his own citizens is not an acceptable figurehead for spreading bitcoin adoption.

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