Nayib Bukele Credits El Salvador’s Tourism Resurgence With Bitcoin, Surfing, and Falling Crime – Bitcoin News

Nayib Bukele, El Salvador’s president, said the rapid recovery in tourism in the country is due to three elements, including surfing, bitcoin and a general decrease in crime. According to the World Tourism Organization, El Salvador was one of 15 countries that managed to bring tourism revenues back to pre-pandemic levels.

Nayib Bukele claims that the growth of international tourism in El Salvador is thanks to Bitcoin

Nayib Bukele, the president of El Salvador and a supporter of Bitcoin (BTC) as legal tender in the country, shared his thoughts on the growth of tourism revenue in the Salvadoran country. Bukele said this growth was the result of three key factors: Bitcoin, the popularity of surfing and a decrease in crime.

The president is on Twitter stated:

Only a few countries were able to restore their tourism to pre-pandemic levels. And it’s international tourism, so bitcoin is mostly the reason for that and surfing.

Recently, El Salvador was included in the list of countries whose tourism income has returned to pre-pandemic levels. According to the World Tourism Organization, El Salvador managed to increase tourism income by 6% compared to 2019.

This report is consistent with what the authorities have been reporting about the impact of Bitcoin’s introduction into the country since it was declared legal tender. In February, Morena Valdes, the country’s tourism minister, said the tourism industry had grown by 30% since the event.

In addition, statistics show that crime and homicide rates in El Salvador have decreased significantly since 2020. Also, in terms of surfing, El Salvador is home to some of the most popular waves in the world.

National tourism is also growing

However, the president also referred to the growth of national tourism, noting:

But domestic tourism is growing even more, mainly because of our fight against gangs.

Bukele’s government has come under fire for its crackdown on gang-related crime, declaring a state of emergency that led to the arrest of more than 9,000 people last April. However, Bukele says it has fueled the growth of the nation’s tourism industry.

To support his argument, Bukele also linked to the Google Mobility Report, a collection of data that shows the change in the number of visits to certain locations. The report shows that over the past three months, visits to shopping establishments and places of rest, grocery stores and pharmacies, and parks have increased.

The government is also expecting new investments in Bitcoin, which will bring more Bitcoin advocates to the country. Milena Mayorga, El Salvador’s ambassador to the US, recently announced that Bank Of The Future, a cryptocurrency investment platform, is set to invest $6 billion in the country.

What do you think of Nayib Bukele’s take on Bitcoin’s impact on El Salvador’s tourism industry? Tell us in the comments below.

Serhii Goshchenko

Sergio is a cryptocurrency journalist from Venezuela. He describes himself as a latecomer to the game, getting into cryptocurrency when prices spiked in December 2017. With a background in computer engineering, living in Venezuela and exposed to the social impact of the cryptocurrency boom, he offers a different perspective. on the success of cryptocurrency and how it is helping the unbanked and underserved.

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