Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Bitcoin and surfing have boosted international tourism in El Salvador, President Nayib Bukele said on Twitter.
- El Salvador is among 15 countries whose tourism grew this year
- The president said on Twitter that it was due to Bitcoin and surfing.
- He also said that domestic tourism had also grown
El Salvador has been widely criticized for its adoption of the Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. especially for many international agencies such as the World Bank and the International Monetary Fund.
However, the country’s authorities continue to defend their decision to make the Bitcoin legal tender in the country. Even if at current prices, what El Salvador has purchased has produced losses for the country.
President Nayib Bukele is undoubtedly the main promoter of cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. adoption. He has continued to buy and has said that the price will go up and that you have to be calm .
Now, in addition, the president has expressed on Twitter that Bitcoin is undoubtedly one of the factors for El Salvador to have been one of the 15 countries whose international tourism increased this year to pre-pandemic levels.
This was his tweet:
Only a handful of countries have been able to restore their tourism to pre-pandemic levels.
Y eso es turismo internacional, por lo que las razones detrás de esto son principalmente #Bitcoin y surf
But domestic tourism is growing even more, mainly due to our crackdown on gangs.
Only a handful of countries have been able to recover its tourism to pre pandemic levels.
And that’s international tourism, so the reasons behind it are mostly #Bitcoin and surf ????????
– Nayib Bukele (@nayibbukele) August 6, 2022
El Salvador and tourism
Bukele said these words in relation to
According to the World Tourism Organization El Salvador is the 13th best performing country in terms of income generated by tourism. It would be the only Latin American country, along with Mexico, to achieve an increase in post-pandemic tourism revenues. Here is the graph that accompanies the data:
In January-May 2022, international tourism earnings rose back to pre-pandemic levels in several small destinations in Europe, the Americas and Africa.
In January-May 2022, international tourism earnings climbed back to pre-pandemic levels in several small destination in Europe, the Americas and Africa.https://t.co/irw9m5Wmwl pic.twitter.com/vlsXYBJNPr
— World Tourism Organization (@UNWTO) August 5, 2022
In the report referred to in the tweet he explains: “In terms of international tourism receipts earned at destinations, a growing number of countries – Republic of Moldova, Serbia, Seychelles, Romania, North Macedonia, St. Lucia, Bosnia and Herzegovina, Albania, Pakistan, Sudan, Turkey, Bangladesh, El Salvador, Mexico, Croatia and Portugal – have fully recovered to their pre-pandemic levels”.
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