Bitcoin promoter and President of El Salvador Nayib Bukele is on Time’s 100 most influential people list, alongside Ethereum’s Vitalik Buterin, but not for the right reasons



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Salvadoran President and Bitcoin (CRYPTO: BTC) defender Here is a preview was part of the time list of 100 most influential people but his description is less than flattering.

What happened: Time published an article by the Mexican journalist Daniel Lizarraga who described Bukele as someone who “could not stand any criticism or opposition”.

Lizárraga said that the Salvadoran Lighthouse newspaper, of which he is editor, published an investigation into the negotiations between the government of Bukele and the gangs of El Salvador.

The president dismissed the report via Twitter and accused El Faro of lying.

See also: How to buy Bitcoin (BTC)

The journalist cited examples such as Bukele showing up to the country’s parliament surrounded by armed soldiers “in order to pressure lawmakers to approve his budget.”

In May, the president ordered the removal of the country’s Supreme Court justices. Lizárraga wrote that subsequently new court appointees ruled that presidents can serve two consecutive terms.

Bukele named as one of Time’s 100 Most Influential People alongside Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, Apple Inc (NASDAQ: AAPL) CEO Tim cook, and Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin.

Why is this important: Lizárraga said he was expelled from El Salvador in July.

According to a report by Committee to Protect Journalists, the country’s immigration authorities informed Lizárraga that his work permit had been refused “because he could not prove that he was a journalist”.

According to CPJ, Bukele previously accused El Faro of money laundering but offered no evidence, and in 2019, authorities in Salvodaran banned the media from attending press conferences at Bukele’s residence.

Last week, El Salvador officially recognized Bitcoin as legal tender, with Bukele saying he was “buying the plunge” as the country added 150 BTC to its prize pool.

The capital of El Salvador, San Salvador, has seen violent protests against the adoption of BTC. A resident told Al Jazeera that he “is not going to work for [street food] vendors, bus drivers or traders. ”

The protests did not stop, thousands of people took to the streets on Wednesday on the country’s Independence Day against BTC. Protesters torched a BTC ATM in the capital, according to a Decrypt report.

Signs stating “We don’t want Bitcoin” and “No to dictatorship” were reportedly held by protesters.

A Reuters report that conducted a poll from the local Central American University noted that 67.9% of 1,281 respondents disagree or strongly disagree with Bitcoin as legal tender in El Salvador.

Price action: As of going to press, BTC has traded 1.74% higher at $ 47,929.64

Read more : El Salvador adopting Bitcoin is ‘a bad shortcut’: International Monetary Fund

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