President Bukele attacks Peter Schiff after Bitcoin purchase
El Salvador's President Nayib Bukele attacked Peter Schiff on Twitter after he criticized the country's recent purchase of 150 Bitcoin.
Peter Schiff not happy with El Salvador buying Bitcoin
Famed Bitcoin critic Peter Schiff responded to the announcement that El Salvador was "buying the dip" tweeting "There's a lot more dips coming. How much taxpayer money do you intend to waste?" That statement must have triggered President Bukele because he responded by saying they were already profiting from their recent purchase. He also attacked the known gold bug by saying, "You know, boomer, we have 44,106 oz of gold in our reserves Worth $79 million, down 0.37% from a year ago."The president pointed out that if they had invested their $79 million worth of gold in Bitcoin a year ago, it would have been worth $200 million. That did not seem to bother Schiff, as he pointed out that they are still in the red with their Bitcoin purchase from last week. He ended his response by saying, "You are making a huge bet using other people's money. It's not likely to end well for them or you!"
El Salvador bought the dip
When the value of Bitcoin fell more than 20 percent on Saturday, the country's president, Nayib Bukele announced that El Salvador bought the dip. The country bought 150 Bitcoin at an average price of ~$48,670. The country currently owns 1,370 Bitcoins and has taken advantage of bitcoin's price dips several times. On November 26, Bukele announced that his country had purchased 100 more BTC. At the time the cryptocurrency's price fell following reports of a new Covid-19 variant, now known as Omicron.Not only has El Salvador bought Bitcoin, but Bitcoin was declared legal tender alongside the U.S. dollar in El Salvador in September. Last week, the International Monetary Fund (IMF) warned the country against using Bitcoin as legal tender. Bank of England Governor Andrew Bailey also warned he was concerned about El Salvador making Bitcoin a national currency. Bukele responded to the head of Britain's central bank by saying, "I'm really concerned about Bank of England printing money out of thin air."
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
