President Bukele explains how El Salvador benefited from the legalization of Bitcoin

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Der Präsident von El Salvador – Nayib Bukele – gab bekannt, dass der Tourismussektor des Landes um 95 % gewachsen ist, seit es Bitcoin als offizielles Zahlungsmittel eingeführt hat. Er kritisierte einige Zentralbanken, einschließlich der Federal Reserve, und behauptete, ihre Politik habe einen großen Teil der Ersparnisse der Menschen ausgewaschen. Daher erwartet Bukele, dass sich viele Personen aus dem Westen auf dezentralisierte Finanzinstrumente konzentrieren werden. „Wir bekommen ein Rebranding“ El Salvadors politischer Führer skizziert in einem kürzlich geführten Interview die wichtigsten Vorteile, die die Einführung von Bitcoin als gesetzliches Zahlungsmittel seiner Nation gebracht hat. Erstens machte es das lateinamerikanische Land …
The President of El Salvador - Nayib Bukele - announced that the country's tourism sector has grown by 95 % since Bitcoin introduced it as an official means of payment. He criticized some central banks, including the Federal Reserve, and claimed that their policy had washed out a large part of the people's savings. Bukele therefore expects that many people from the West will focus on decentralized financial instruments. "We get a rebranding" El Salvador's political leader outlines in a recently conducted interview the most important advantages that Bitcoin introduced as a legal means of payment of his nation. First, the Latin American country did it ... (Symbolbild/KNAT)

The President of El Salvador-Nayib Bukele-announced that the country's tourism sector has grown by 95 % since Bitcoin introduced as an official means of payment.

He criticized some central banks, including the Federal Reserve, and claimed that their policy had washed out a large part of the people's savings. Therefore, Bukele expects that many people from the West will focus on decentralized financial instruments.

"We get a rebranding"

El Salvador's political leader outlined guided Interview the most important advantages that Bitcoin introduced as a legal means of payment of his nation. First, the Latin American country made it much more attractive for travelers and increased tourism by around 95 %.

"We have increased tourism by 95 %, and that is partly due to Bitcoin. There are many bitcoiners who want to go into the country in which Bitcoin is legal, we have Bitcoin conferences."

Presidentsalvador President Nayib Bukele, Reuters

Minister of Tourism by El Salvador-Morena Valdez- called The local tourism industry in the first three months after the introduction of introduction of the introduction of BTC has increased by 30 %. She explained that the nation had become very popular among Americans who made up 60 % of all visitors.

Bukele claimed in his appearance that El Salvador had received "many private investments" since he jumped on the Bitcoin train.

The 41-year-old politician argued that one of the most fundamental advantages of the initiative was to "rename" the country's legacy. The small Central American state was primarily known as one of the most violent places in the world and reached a maximum of 103 murders per 100,000 inhabitants a few years ago

against central banks

also criticized the procedure of numerous central banks such as the US Federal Reserve and accused them of reducing people's assets and deleting their savings.

In his view, consumers in the western world have already recognized that dealing with centralized financial institutions is not worthwhile and will soon be reoriented to the defi sector.

He praised Bitcoin for his global spread and potential to remedy economic injustice and claimed that it was even popular in countries in which the authorities had banned it before.

"You can't forbid it. It is uncensable."

The founder of Tron-Justin Sun-recently indicated that many Chinese residents are still fascinated by the cryptocurrency industry, although the government banned such activities in 2021. He went even further: Predict The native Token of its project-Trx-could become legal means of payment in the most populous country.

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