Nayib Bukele Silences Critics as El Salvador Pays Its Entire Debt of $800M

President Nayib Bukele has lashed out at reports of defaults and critics who criticized the country’s decision to adopt Bitcoin as a legal tender as he announced that El Salvador has paid its $800 million debt in full. In 2021, El Salvador made one of the bravest decisions in the history of modern economics as it adopted Bitcoin as a legal tender. El Salvador’s Decision To Legalize Bitcoin Met With Widespread Criticism The decision to make Bitcoin a legal tender drew wide criticism from the agencies such as International Monetary Fund (IMF). The IMF even urged the North American country to drop Bitcoin as The post Nayib Bukele Silences Critics as El Salvador Pays Its Entire Debt of $800M appeared first on Cryptoknowmics-Crypto News and Media Platform .