Indeed, Bukele's embrace of Bitcoin as legal tender, first announced with great fanfare at the Bitcoin Miami conference in June, has earned him raves from some of the loudest voices in Bitcoin. Those same Bitcoin flag-wavers have been less eager to talk about the young president's well-documented authoritarian tendencies and the less savory aspects of his government's Bitcoin rollout. One Salvadoran business owner, requiring anonymity, told Decrypt, "It crushes my soul to see Bitcoin maximalists around the world cheering this when, if they actually sat down and read the law and regulations, it is completely opposite to everything they preach."