El Salvador Doubles Down on Bitcoin Revolution as Bukele Secures Path to Unlimited Terms

El Salvador just rewrote the rulebook—again. President Nayib Bukele’s government has bulldozed constitutional barriers to indefinite re-election, tightening his grip on the world’s first Bitcoin-powered nation.

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No more term limits. No more political opposition. Just a laser focus on turning this Central American trailblazer into a hyperbitcoinized petri dish—whether Wall Street likes it or not.

Volcano Bonds 2.0?

With Bukele now effectively president-for-life, expect more unorthodox moves. Remember those Bitcoin-backed bonds that made traditional financiers clutch their pearls? They were just the opening act.

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While critics scream ‘dictatorship,’ true believers see method in the madness. After all, when you’re betting a country’s treasury on digital gold, you don’t want some anti-crypto successor flushing the stack.

One thing’s certain: in the high-stakes game of nation-state Bitcoin adoption, El Salvador just went all-in. Again. (And Goldman Sachs bankers just spilled their $28 artisanal lattes.)

What does this mean for Bitcoin?

President Bukele has positioned El Salvador as a bold experiment in crypto-driven governance. In 2021, the country made history by adopting Bitcoin as legal tender, which drew international praise and skepticism.

Since then, the government has built up a strategic bitcoin reserve and enabled the use of the crypto for daily transactions, tax payments, and public services.

Considering this, Stacy Herbert, who leads the government’s Bitcoin Office, said the electoral reform WOULD allow the country to continue its current economic trajectory.

According to her:

“The days of chaos, violence, and despair are gone for good. El Salvador will remain on the path to greatness.”

Meanwhile, Max Keiser, a senior advisor on Bitcoin policy, offered a more radical take on the reforms, saying El Salvador would become the Singapore of Central America under Bukele.

He stated:

“El Salvador’s governance model follows Bitcoin. It’s not a ‘Democracy,’ it’s Bitcoin Country. It’s a STARTUP NATION — and as I told The New Yorker 3 yrs ago, Bukele is a cross between JFK & Steve Jobs.”