El Salvador President Nayib Bukele reiterated his commitment to Bitcoin (CRYPTO: BTC) on Tuesday despite pressure from the International Monetary Fund to limit exposure to the apex cryptocurrency.
What Happened: Bukele took to X to express his unwavering support for Bitcoin, saying “This all stops in April. This all stops in June. This all stops in December. No, it’s not stopping.”
“If it didn’t stop when the world ostracized us and most ‘Bitcoiners’ abandoned us, it won’t stop now, and it won’t stop in the future,” Bukele stated, likely referring to the criticism the country faced when it made Bitcoin legal tender in 2021.
The president mocked those opposing its Bitcoin policy, saying “Proof of work > proof of whining,” and attached statistics of its treasury assets, which showed an accumulation of 46 BTC, worth $3.97 million, in the previous month.
Full story available on Benzinga.com