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Eisenkot Labels Netanyahu's Digital Finance Proposal 'Bibicoin' in New Attack

Yashar party leader argues the prime minister's admission of economic strain proves Israel's financial system is failing.

By Lucy Lefebvre ·

Illustration for: Eisenkot Labels Netanyahu's Digital Finance Proposal 'Bibicoin' in New Attack
Illustration generated for this article, not a news photograph.

Gadi Eisenkot released a campaign video on Saturday to criticize Prime Minister Benjamin Netanyahu's recent economic remarks. The Yashar party chairman used the clip to argue that the prime minister has effectively admitted Israel is in economic distress. Eisenkot stated that the current financial trajectory has destroyed the country.

The video begins with the warning that all national money is at risk. It then cuts to footage from a previous interview on Channel 10. In that segment, Netanyahu said Israel must prepare for an alternative economy due to international sanctions. He acknowledged that digital finance would certainly be part of that strategy. Netanyahu added that he had already requested a specific plan for this transition.

Eisenkot’s team branded the proposed system 'Bibicoin' in the video. The clip argues that adopting such a mechanism would destroy Israel’s economic stability. It compares the potential outcome to the economies of North Korea and Iran. The video claims the shift would mark the end of the high-tech sector, healthcare, and national security.

The advertisement asks how global investors can fund Israeli companies if digital currency becomes the only available method. It urges citizens to prevent the government from burning through savings. The tone remains sharp as it links the financial plan directly to the country's survival.

In a separate post on X, Eisenkot addressed the issue with a more personal focus. He wrote that Netanyahu admitted his policy leads to international isolation. Eisenkot claimed this isolation causes sanctions that shake the market and the economy. He described this chain of events as the collapse of national security.

The exchange centers the political debate on Netanyahu's contingency planning. Eisenkot relies on the prime minister's own words from the Channel 10 interview to build his case. The former IDF chief uses these statements to frame the alternative financing plan as a sign of failure rather than preparation.

Source: The Jerusalem Post

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