An opinion survey conducted by Gallup found that El Salvador's President Nayib Bukele has received an approval rating of 85 percent. He is the most highly regarded Latin American leader among 11 Latin American countries ranging from Mexico to Peru, according to polls. In September 2021, the Central American country of El Salvador declared Bitcoin to be legal money. With the tactic of buying the drop, the nation has significantly expanded its Bitcoin holdings.
What do you think of this development?
You seem to connect this only with Bitcoin, but he may very well be doing a great job and receiving the support of his people regardless of that fact. He has also managed to buy favor with a lot of people through giving away such free sums of money (paid for by the tax payer) and as we've seen all over - sometimes the people who are most media savvy can also be terrible leaders. He also bought into Bitcoin before the drop, so it'd be interesting to see how much money was lost or what the value of the original holding is compared to the purchase price - only then can you make a sensible judgement on this. Let's hope this is a truly democratic poll instead of stage engineered.