Saturday, June 10

What do Nayib Bukele, McDonald’s and bitcoin have to do with it? | Digital Trends Spanish

El Salvador is one of the countries that has been most committed to bitcoin, in fact, a few months ago it approved the legal use of this virtual currency.

The bad news for the Central American nation is that the price of the cryptocurrency has suffered a significant drop in recent times.

However, this has not been a problem for the main defender of bitcoin in that country, Salvadoran President Nayib Bukele.

The head of state seems to take this situation with humor, as he resorted to a popular meme to respond to criticism.


— Nayib Bukele 🇸🇻 (@nayibbukele) January 22, 2022

Bukele changed his profile picture on Twitter and posed as a McDonald’s employee after the latest bitcoin crash that has dropped the cryptocurrency by up to 50 percent from its all-time high.

The reference to the fast food chain has become popular when it comes to cryptocurrencies. The meme means something like betting everything on bitcoin and failing will lead people to find a job at a local McDonald’s.

According to Coindesk, El Salvador now has more than 1,500 bitcoins, worth about $53 million.

The strategy adopted by the Salvadoran president has not generated consensus in his country. In fact, betting on cryptocurrency has motivated several protests against Bukele.

Of course, the McDonald’s meme has also been received badly by the opposition, from where they claim against the head of state’s lack of seriousness in dealing with this situation.

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