El Salvador’s President Calls US Senators ‘Boomers’ Over Bitcoin Bill

President Nayib Bukele regularly takes to Twitter to voice his opinions on bitcoin as well as political issues with the US

share

key takeaways

  • President Nayib Bukele has called three US senators “boomers” over legislation they introduced to assess the impacts of El Salvador’s Bitcoin Law
  • Bukele, whose country has around 1,801 bitcoin in possession, told the senators they had zero jurisdiction over an independent nation

El Salvador’s president told US senators on Wednesday to stay out of his country’s “internal affairs” after they introduced draft legislation seeking to assess economic harm caused by the nation’s adoption of bitcoin.

Senators Jim Risch, Bill Cassidy and Bob Mendez introduced the Accountability for Cryptocurrency in El Salvador (ACES) Act on Wednesday. If passed, the act would require a state department assessment on El Salvador’s adoption of bitcoin as legal tender.

Specifically, the bill seeks to determine the economic repercussions for El Salvador and the US, how El Salvador’s Bitcoin Law came to pass, and the potential for crypto to circumvent US sanctions, among other requests.

The bill also seeks a plan to “mitigate potential risks to the US financial system.”

“El Salvador recognizing Bitcoin as official currency opens the door for money laundering cartels and undermines US interests,” said Cassidy, R-La., in a statement on Wednesday. “If the United States wishes to combat money laundering and preserve the role of the dollar as a reserve currency of the world, we must tackle this issue head-on.”

In response, El Salvador’s President Nayib Bukele labeled the senators “boomers” and said they had zero jurisdiction over a “sovereign and independent nation.”

“We are not your colony, your back yard or your front yard. Stay out of our internal affairs. Don’t try to control something you can’t control,” Bukele tweeted.

“Boomers” is a slang term typically used by teenagers and young adults to mock attitudes associated with the baby boomer generation — people born in the two decades following World War II.

Last year, El Salvador became the first country in the world to formally adopt bitcoin as legal tender alongside its national currency and the US dollar. The International Monetary Fund last month urged El Salvador to remove bitcoin’s status as legal tender, citing risks to global financial stability and consumer protections.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Research Report Templates.png

Research

Ethena Labs is leaping from its flagship synthetic dollar, USDe, to a full product suite—USDtb, iUSDe, and the Arbitrum-based Converge Chain—designed to marry crypto-native yields with TradFi-grade compliance. Our analysis shows how expanding into CME, ETF options, and tokenized Treasuries could lift protocol revenue from sub-$500 million in a bear case to several billion dollars if favorable regulation and institutional adoption align.

article-image

Doing one thing well and leaving everything else out is often what disruptive technologies do best

article-image

Why an analyst is kicking off COIN coverage with “buy” rating

article-image

“Bitcoin does not require a strong equity rally to move higher,” YouHodler markets chief Ruslan Lienkha said

article-image

President Trump’s comments that he will not look to fire Fed Chair Jerome Powell sent stocks higher in after-hours trading Tuesday

article-image

The trading card game will use Immutable’s zkEVM chain