Bitcoin has fixed El Salvador’s legacy and increased tourism by 95%, President Nayib Bukele stated.
Highlights
- President Nayib Bukele said El Salvador has increased tourism by 95% since adopting bitcoin as a legal tender.
- The 41-year-old politician said the initiative was “rebranding the country’s legacy” The Central American state was known as one of the most violent places in the world.
- He also criticized the actions of numerous central banks, such as the US Federal Reserve, for devaluing people’s wealth and erasing their savings.
- He predicted a lot of people from the West will soon focus on decentralized financial instruments like bitcoin and TRX in the future.
- The native token of his project - TRX – could become legal tender in the most populous country in 2021.
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