Did Paraguay Just Legalize Bitcoin or Was the President Hacked? 🤔💸

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Did Paraguay Just Legalize Bitcoin or Was the President Hacked? 🤔💸

Well, folks, it seems our South American friends over yonder in Paraguay have gone and stirred the pot with a fancy tweet. Their president, Santiago Peña, claimed the country was now officially riding the Bitcoin rollercoaster, declaring that Paraguay had set up a shiny $5 million Bitcoin reserve. Yes, sir, Bitcoin as legal tender! Or was it just his secretary’s cat walking across the keyboard? 🐱

The tweet came with a graphic that looked like a presidential decree—only, upon closer inspection, it looked more like a kid’s doodle after too much candy. Now, this document boasted words like “etiquetado de tesorería” and “ciudadanos habilitados por criptomonedas,” which sound like something you’d find in a fancy Latin movie but sure aren’t the language of serious government papers.

The seal on the document looked like it was slapped on by a digital ghost. The border was as generic as a plain pancake, and the whole thing had the feel of someone’s weekend attempt at officialdom. And if that wasn’t enough to raise eyebrows, right there in the tweet was a Bitcoin wallet address—because nothing screams government papers like a wallet number, right? ⚠️

Now, old Peña has never shown much enthusiasm for Bitcoin before. His track record says he’d rather fix roads or mend the economy than mess with digital gold. Paraguay, you see, makes its money mining Bitcoin thanks to its waterfalls—yet they’re worried about crazy miners overloading the power grid. Could be the water runs too fast, or maybe someone just left their front door open. 🚰

Peña, a fancy economist and ex-IMF advisor,’s main fancy stuff has been fiscal reform and digital infrastructure—not swapping pesos for crypto. Back in 2021, Paraguay’s Congress was busy talking about crypto mining laws, but as far as we know, nobody was discussing turning Bitcoin into their official money. So, why the fuss now? Maybe a hacker with a sense of humor took over his account? Or it’s just a digital prank, a little jape to make us all scratch our heads. 🤡

INTEL: PARAGUAY GOVERNMENT SAYS PRESIDENT PENA’S X ACCOUNT HAS PRESENTED IRREGULAR ACTIVITY

— Solid Intel (@solidintel_x) June 9, 2025

Most likely, this whole thing’s a scam or a hacker’s idea of a good time, trying to fool naïve investors into thinking Paraguay’s gone full crypto crazy overnight. Including a Bitcoin wallet in a government tweet? That’s about as common as barnacles on a boat. So, hold your horses, folks. It’s probably just another digital shenanigan, and Paraguay is wiser than to gamble their pesos on a crypto fairy tale. 🏦

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2025-06-09 21:14