in September of 2021 bitcoinaccepting as legal currency El Salvador had made a breakthrough.
El Salvador, which is spoken all over the world with the BTC move, and Nayib Bukele, the head of state who is a supporter of Bitcoin It was harshly criticized by the IMF and the World Bank.
In this context, it was stated that El Salvador would have difficulties in paying its debts due to the Bitcoin decision, and it was said that the country should take a step back in the Bitcoin decision.
However bitcoin Standing behind the decision, Bukele said in a statement that his country BTC announced that his country has made $800 million in foreign bond payments due in January, despite fears that it will default on its decision.
A statement on debt repayment came from El Salvador’s Finance Minister, Alejandro Zelaya. Zeleya said in her statement, “Today we are announcing that we have completed the payment of our $800 million bond with interest.” said.
Zeleya also noted that his country faces pressure to make progress in reducing its debt.
Bukele, who used a harsh language, referred to the media organizations that made negative news about El Salvador and said:
“Last year, nearly every former international news outlet said that because of our Bitcoin bet, El Salvador won’t be able to repay its debt until January 2023.
Literally hundreds of articles have been written about this.
They all said that we cannot pay our 2023 bond due to our Bitcoin loss without an agreement with the IMF.
I have all the news…
However, we have just paid our debt in full. With interest. ($800 million plus interest)
But of course, hardly any news organization is reporting it.Because they lie, they lie, and when their lies are exposed, they go into silence mode.”
This post by Nayib Bukele Binance CEO CZ including cryptocurrency Many people from the industry supported it.
In the past year, almost every legacy international news outlet said that because of our “#Bitcoin bet”, El Salvador was going to default on its debt by January 2023 (since we had an 800 million dollar bond maturing today).
Literally, hundreds of articles https://t.co/rEiK7K13U4
— Nayib Bukele (@nayibbukele) January 24, 2023
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!