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Nayib Bukele Attributes Tourism Recovery in El Salvador to Bitcoin, Surf, and Crime Reduction – Bitcoin News


Nayib Bukele, president of El Salvador, stated that the rapid recovery of the tourism industry in the country is related to three factors, including surfing, bitcoin and an overall reduction in crime. El Salvador is one of 15 countries that managed to bring their tourism income to pre-pandemic numbers according to World Tourism Organization data.

Nayib Bukele State’s International Tourism Growth Backed by Bitcoin in El Salvador

Nayib Bukele, president of El Salvador and promoter of bitcoin adoption (BTC) as a legal contractor in the country, sharing his thoughts on the growth of tourism income in the country of Salvador. Bukele claims that this growth is the result of three key factors: bitcoin, encouraging surfing, and reducing crime.

In a tweet, the president stated:

Only a handful of countries have been able to recover their tourism to pre-pandemic levels. And it’s international travel, so the reason behind it is mostly bitcoin and surf.

El Salvador was recently included in the list of countries where 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 in line with what authorities have reported on the effects of bringing bitcoin into the country since it was announced as legal tender. In February, Morena Valdez, the country’s Minister of Tourism stated that the tourism industry has grown by 30% since the event.

Statistics shows further that El Salvador’s crime and murder rates have significantly reduced since 2020. Furthermore, in terms of surfing, El Salvador is home to several highest rated wave In the world.


National tourism is also growing

However, the president also addressed the growth of national tourism, stating:

But domestic tourism has grown even more, mainly because of our campaign to crack down on gangs.

Bukele’s government has been heavily criticized due to the sit-in measure that has been taken to prevent gang-related crime, declaring a state of emergency. result in more than 9,000 individuals detained last April. However, Bukele insists this has fueled the growth of the national tourism industry.

To support his argument, Bukele also linked to the Google Mobile Report, a summary of data that shows the change in visits happening in certain locations. The report shows that visits to retail and entertainment locations, grocery stores, pharmacies and parks all increased over the past three months.

The government is also expecting new bitcoin investments to bring more bitcoin backers to the country. Milena Mayorga, El Salvador ambassador to the United States, recently announced that Bank Of The Future, a crypto investment platform, will invest $6 billion in the country.

What do you think of Nayib Bukele’s views on the influence of Bitcoin on the growth of tourism in El Salvador? Let us know in the comments section below.

Sergio Goschenko

Sergio is a crypto journalist based in Venezuela. He describes himself as a latecomer to the game, entering the crypto world when the bull run occurred in December 2017. Has a computer engineering background, lives in Venezuela and is affected by the volatility. As the cryptocurrency booms on the social level, he offers a different perspective on the success of cryptocurrency and how it helps the unbanked and underserved.

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