Yashar Chairman Eisenkot Rejects Netanyahu's Digital Currency Financing Plan

Gadi Eisenkot, who chairs the Yashar party, released a campaign video on X on Saturday attacking Prime Minister Benjamin Netanyahu's proposal to build alternative financial mechanisms. The video opens with the line "All of our money is at risk" and labels a digital currency proposal "Bibicoin," a mechanism the campaign says would "destroy Israel." It states that moving to such a system would produce "an economy like North Korea and Iran" and would mean "the end of high-tech, the end of healthcare, the end of security."

The video also questions whether foreign capital could reach Israeli companies if digital currency were the only payment method available. "We must not let him burn through our savings," it says. In a separate post on X, Eisenkot wrote that Netanyahu's own stated policy "will result in international sanctions that will shake the economy and the market," adding, "This will be the collapse of our national security."

The video incorporates footage from a Channel 10 interview in which Netanyahu said Israel must "prepare for an alternative economy" because of international sanctions the country faces. Asked about blockchain technology, Netanyahu said digital finance would "certainly" be part of that plan and added, "I've already asked for a plan to be prepared for that."

Netanyahu raised the idea of building alternative financial mechanisms as the country faces international sanctions. Eisenkot, a former IDF chief of staff, built his response on the prime minister's own words from the Channel 10 interview. His campaign video aired on Saturday, the same day he posted the separate criticism to X.

No date has been set for the alternative finance plan Netanyahu said he requested. The proposal remains under preparation, and the exchange between the two men is the most recent public argument over how Israel should handle sanctions and access to capital.