Did Turkey’s President Say “We Are In A War Against Bitcoin”? An Investigation

Is President Erdogan so out of touch with what’s happening around him that he declared war against Bitcoin? Or is this a case of “lost in translation” and quotes out of context? An article titled “We are in a war against bitcoin,” says Turkey’s president” has been making the rounds over at Bitcoin-Twitter, receiving both mockery and rightful criticism. However, we noticed a crucial detail: the article doesn’t contain a direct quote from Erdogan. That’s suspect. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course Armed with an iron will and Google Translate, NewsBTC explored the issue and came to unexpected conclusions. Let’s fall into the rabbit hole. “When President Erdogan fired the central bank president in March, sending the Turkish lira plummeting against the dollar, Google searches for the term “bitcoin” soared across the country.” The tighter politicians squeeze, the faster #Bitcoin succeeds.https://t.co/F9wmVfl06C — Robert Breedlove (@Breedlove22) September 20, 2021 Is It War Against Bitcoin Or War Against Cryptocurrencies? The original article cited a mainstream and generally trusted source, an article in Turkish at Bloomberght titled “Erdogan: We have a separate war against cryptocurrencies.” Reportedly, the president held a Youth Meeting Program, so his audience for this was students from all over the country. They were discussing the Digital Turkish Lira, the country’s...