09.06.2025 20:01
A purported tweet from Paraguayan President Santiago Peña ignited a flurry of speculation, claiming Bitcoin's adoption as legal tender within the nation. The post, featuring a graphic resembling a presidential decree, further asserted the creation of a $5 million Bitcoin reserve and promised crypto bond access to select citizens. However, significant inconsistencies raise serious doubts about the tweet's authenticity.
The tweet's visual presentation immediately aroused suspicion. While styled to mimic a presidential decree, the graphic's design, tone, and overall formatting deviated considerably from official Paraguayan government documentation. Unconventional phrasing, including terms like "etiquetado de tesorería" and "ciudadanos habilitados por criptomonedas," further undermined its credibility, straying far from the formal language typically employed in legal pronouncements. The seal appeared digitally superimposed, and the border design lacked the sophistication expected in official documents.
Adding to the skepticism, the purported decree's informal language and conversational tone sharply contrasted with the expected formality of government communications. Most damningly, the tweet included a Bitcoin wallet address – a hallmark of cryptocurrency scams and a highly unusual inclusion in official statements from any government. This, coupled with President Peña's prior lack of public support for Bitcoin as legal tender and his administration's generally cautious approach to crypto regulation, strongly suggests foul play.
Paraguay's existing relationship with Bitcoin is characterized by a complex interplay of opportunity and concern. While the country's abundant hydroelectric power has attracted Bitcoin miners, the government has simultaneously expressed apprehension about illegal mining operations straining the national power grid. Given President Peña's background as a trained economist and former IMF advisor, his policy focus has traditionally centered on fiscal reform and digital infrastructure, not cryptocurrency adoption. Previous legislative efforts to regulate crypto mining, undertaken prior to his presidency, never approached the radical step of declaring Bitcoin legal tender. No evidence supports the current administration's pursuit of integrating Bitcoin into Paraguay's financial system.
The totality of the evidence overwhelmingly suggests that President Peña's X account was likely compromised, resulting in the dissemination of a fabricated announcement regarding Bitcoin legalization. The inclusion of a Bitcoin wallet address, the stylistic inconsistencies, and the President's established policy positions all point to a sophisticated hacking attempt designed to potentially defraud unsuspecting individuals. The incident serves as a stark reminder of the vulnerability of even high-profile accounts to malicious actors seeking to exploit the growing interest in cryptocurrency.
