In September 2021, El Salvador will turn Bitcoin into the currency of South America, forcing all companies to adopt digital currency, making it an international news story. After receiving a lot of negative feedback from Bitcoin critics, she expressed her opinion on "Stop Drinking Elite Kool Aid" in Bitcoin magazine
For those who feel that El Salvador's decision is incorrect, President Naib Bukele said,
The most forthright slanders are those who worry about and force everyone to change their minds. They are the powerful elites of the world and those who work for them or benefit from them.
The President further criticized the three defamer forces. We were just worried about the breakthrough of El Salvador. He argued that "they had everything in the past" and still had everything from the news media to banks, social organizations, international economic organizations and their governments and enterprises.
In addition, President Bukele confirmed that the posts published by Bloomberg News, Forbes, Fortune, Financial Times, Deutsche Voice, BBC, Al Jazeera, The Guardian, The New York Times and The Washington Post claimed that the Salvado economy had suffered a severe setback due to the loss of 50 million dollars. In fact, the content of such articles was completely untrue.
The President felt that the headlines were aimed at our country, because we did not choose to sell all bitcoins since we gradually got the reserve of bitcoins. He stressed that the economic development of US $28 billion, which will increase by 10.3% in 2021, will not collapse due to the loss of 0.2%.
According to Bukele, El Salvador has gained economic freedom, territorial sovereignty of the financial industry, verification of friction resistance and capital that cannot be released publicly by becoming the core of Bitcoin application. Therefore, he predicted that there would be many "interest groups, elites and oligarchs"