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Eisenkot mocks Netanyahu's digital currency plan as 'Bibicoin'

The Yashar party leader argues that the prime minister's push for alternative financial mechanisms endangers 150 billion shekels in national savings.

By Karim Graham ·

Illustration for: Eisenkot mocks Netanyahu's digital currency plan as 'Bibicoin'
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Gadi Eisenkot, the head of the Yashar party, has launched a sharp attack on Prime Minister Benjamin Netanyahu's proposal to develop alternative financial systems. Eisenkot argues that the prime minister's plan to adopt digital finance is a concession that the current economic strategy has failed. The criticism centers on a campaign video released on X on Saturday, where Eisenkot claims the new measures put national assets in jeopardy.

The video begins with the warning that all of the country's money is at risk. It cuts to footage from a previous interview with Channel 10, in which Netanyahu stated that Israel must prepare for an alternative economy due to mounting international sanctions. The prime minister acknowledged in that interview that digital finance would certainly be part of the solution. He added that he had already requested a specific plan to be prepared for the transition.

Eisenkot's team branded the proposed system 'Bibicoin' in the ad. They concluded that this financial mechanism would destroy Israel. The video draws a comparison between the proposed economy and those of North Korea and Iran. It lists the end of high-tech, healthcare, and security as the likely results of the change.

The ad poses a direct question about global investment. It asks how the international high-tech industry could invest in Israeli companies if digital currency were the only method available for transactions. The video urges the public to prevent the prime minister from burning through the country's savings.

In a separate post on X, Eisenkot took a more personal approach to the critique. He wrote that Netanyahu admits his policy will lead to international isolation and economic sanctions. Eisenkot claimed this outcome would shake the economy and the market. He described the result as the collapse of national security.

The political exchange focuses on the prime minister's contingency planning. Eisenkot uses Netanyahu's own words from the Channel 10 interview as the foundation for his argument. The Yashar leader positions the digital finance proposal as a central issue in the current political debate.

Source: The Jerusalem Post

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