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October 25, 2026

Eisenkot Brands Netanyahu's Sanctions Plan as Economic Surrender

The Yashar party leader attacks the prime minister's blockchain proposal, arguing it signals a total breakdown of Israel's financial stability.

By Thomas Reynolds ·

Gadi Eisenkot, chairman of the Yashar party, is challenging Prime Minister Benjamin Netanyahu's economic strategy by highlighting a specific warning: that all of Israel's money is currently at risk. In a campaign video released on Saturday, the former IDF chief used this sentiment to frame the government's latest financial proposals as a clear admission of failure. Eisenkot argued that the prime minister has effectively destroyed the country's economic standing, a claim he supported by reusing footage from a previous interview.

The political clash centers on Netanyahu's recent remarks to Channel 10. During that interview, the prime minister stated that Israel must prepare for an alternative economy due to the growing number of international sanctions. He specifically noted that digital finance would certainly be part of this new framework. Netanyahu added that he had already requested a formal plan to be prepared for this transition. These comments have now become the primary evidence for Eisenkot's campaign, which uses the prime minister's own words to illustrate the severity of the situation.

A detailed look at the timeline shows how this debate evolved. First, Netanyahu outlined the need for an alternative economic structure in response to external pressures. Next, he identified blockchain technology as a key component of that structure. Finally, Eisenkot responded on social media by mocking the concept, labeling it Bibicoin. This branding is intended to make the idea sound frivolous and dangerous to the average voter.

The Yashar party's video argues that moving to an alternative system will produce an economy similar to those of North Korea and Iran. The narrative suggests that this shift would mark the end of Israel's high-tech sector, its healthcare system, and its national security. The campaign warns that the current leadership is burning through the nation's savings. It further questions how global high-tech companies could invest in Israeli firms if digital currency were the only available method for transactions.

In a separate post on X, Eisenkot adopted a more personal tone to address the implications of the sanctions. He wrote that Netanyahu is admitting that his policy will lead to international isolation. According to Eisenkot, this isolation will result in economic sanctions that shake both the economy and the market. He concluded that this trajectory represents the collapse of the nation's security, tying economic stability directly to military and diplomatic strength.

This exchange places the prime minister's contingency thinking at the center of the current political debate. By using Netanyahu's direct quotes, Eisenkot aims to pin the consequences of the new financial plan squarely on the government. The opposition is framing the move not as innovation, but as a last resort that threatens the core pillars of Israeli society and statehood.

The next phase of the debate will likely focus on the specific details of the blockchain plan Netanyahu requested. As the campaign video continues to circulate, the focus remains on whether voters view the alternative economy as a necessary safeguard or a sign of economic desperation.

Source: The Jerusalem Post

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