Eisenkot Brands Netanyahu's Digital Finance Plan a Sign of Economic Collapse
The Yashar party leader accuses the Prime Minister of admitting Israel's economic ruin through his push for alternative financial systems and blockchain adoption.
By Yasmin Kovalenko ·

One of Israel's most prominent political figures has declared that the nation's entire financial reserves are under threat. Gadi Eisenkot, chairman of the Yashar party, launched a sharp critique of Prime Minister Benjamin Netanyahu's recent proposals for alternative financial mechanisms. The former IDF chief of staff used a campaign video released on Saturday to argue that the Prime Minister is effectively admitting to having destroyed the country's economic standing.
The video, shared on the social media platform X, opens with the stark warning that all of the country's money is at risk. It then cuts to footage from a previous interview on Channel 10. In that segment, Netanyahu stated that Israel must prepare for an alternative economy. He cited the growing list of international sanctions facing the state as the primary reason for this shift in strategy. The clips serve as the factual backbone for Eisenkot's campaign message.
A major focus of the criticism is the Prime Minister's interest in blockchain technology. During the Channel 10 interview, Netanyahu acknowledged that digital finance would certainly be part of his new plan. He noted that he had already requested a detailed plan to be prepared for this transition. Eisenkot's team seized on this admission to mock the concept, coining the term Bibicoin. They concluded that such a mechanism would ultimately destroy Israel's economic stability.
The campaign video draws strong comparisons to other nations. It claims that an alternative financial system would create an economy similar to those of North Korea and Iran. The message suggests that the result would be the end of high-tech industries, the collapse of healthcare, and the failure of security services. The video argues that these essential pillars of Israeli society cannot survive under such conditions.
Eisenkot's message centers on the protection of national savings. The video asks how the global high-tech industry could continue to invest in Israeli companies if digital currency became the only available method for transactions. It urges the public not to let the Prime Minister burn through their savings. The argument links financial policy directly to the broader health of the workforce and the market.
In a separate post on X, Eisenkot took a more personal approach to the issue. He wrote that Netanyahu himself admits his policy will lead to international isolation. The former chief of staff stated that this isolation would bring economic sanctions that shake the economy and the market. He described this trajectory as the collapse of national security, tying economic health directly to military and strategic strength.
This exchange places economic contingency planning at the center of the current political debate. Eisenkot is using the Prime Minister's own words from the Channel 10 interview as the basis for his attack. The strategy relies on framing the move toward digital finance not as innovation, but as a reaction to failure. The debate highlights the tension between fiscal caution and the need for new financial tools in a sanctions-heavy environment.
The timing of the video release is significant. It comes as political rivals look to differentiate themselves on economic management. By labeling the Prime Minister's plan as an admission of failure, Eisenkot aims to rally support among those concerned about the cost of living and the stability of the shekel. The controversy underscores the high stakes involved in Israel's financial future and the role of technology in its recovery.
Source: The Jerusalem Post
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