Bukele Responded To The Famous Economist's Bitcoin Criticism

President of El Salvador, Nayib Bukele, responded harshly to the famous economist's criticism. Bukele described the economist as "stupid". After the recent drop in Bitcoin price, discussions about Bitcoin have flared up again. Johns Hopkins University Professor of Economics Steve Hanke claimed that the planned Bitcoin city in El Salvador was not fit for purpose, and that it was a failed attempt by President Bukele to attract attention. Hanke used the following statements in his post on Twitter:

"The Bitcoin city Nayib Bukele proposed is as ready as Florida is for snow. The advertised power supply for the city is an inactive volcano. It's just a charade by a bullshit narcissistic president to get more attention."

It wasn't long before Bukele responded to Hanke's harsh words. The President of El Salvador described the famous economist as "stupid" and said the following:

"Of course it is an inactive volcano you idiot! Most of the geothermal energy comes from wells around inactive volcanoes. Can a city be built under an active volcano?"

https://twitter.com/nayibbukele/status/1479947130366304258 El Salvador made Bitcoin the official currency last September and was the first country to do so. Not content with this, El Salvador also started mining Bitcoin using the volcanic energy that is abundant in the country. It is stated that volcanic energy can start a new revolutionary era in the use of clean energy in Bitcoin mining.