Eisenkot Slams Netanyahu's Crypto Plan as 'Delusional'
Translated & summarized from Davar by baba
Yisrael Beiteinu Chairman Gadi Eisenkot criticized Prime Minister Benjamin Netanyahu's plan to use cryptocurrency if Israel faces economic sanctions. Eisenkot called the proposal delusional and a sign of unfitness to lead, questioning its practical implications for Israeli businesses and the economy. He warned of severe consequences including job losses and national security decline.
The story in 5 lines · by baba
- Gadi Eisenkot called Prime Minister Netanyahu's crypto plan 'delusional' and a sign of unfitness to lead.
- Netanyahu proposed transitioning Israel to blockchain technology if economic sanctions are imposed.
- Eisenkot questioned the practicality of crypto payments for Israeli tech companies and foreign investment.
- The Yisrael Beiteinu chairman warned of severe economic and national security consequences.
- Eisenkot made his remarks on Saturday night, criticizing a recent interview by Netanyahu.
Gadi Eisenkot, Chairman of the Yisrael Beiteinu party, sharply criticized Prime Minister Benjamin Netanyahu's proposal to transition Israel to blockchain technology in the event of economic sanctions. "Netanyahu has moved into the world of delusions and is offering a 'solution' to the international low he himself brought about, to disconnect Israel from the global economy," Eisenkot stated Saturday night. He described the plan as "the madness of a person no longer fit to lead the country." Eisenkot questioned the practicality of such a move, asking how Israeli high-tech companies with international clients would receive payments or foreign investments, and how companies like Google would acquire Israeli firms if payments had to bypass international banks and be made in cryptocurrency. He warned that the implications would be severe, leading to fewer jobs, reduced funding for health and education, and a collapse of national security.
