Making Bitcoin a Legal Tender Increased Tourism by 95%, Says Nayib Bukele
El Salvador ’s president, Nayib Bukele , unveiled a proposal on June 5, 2021, that would make Bitcoin legal tender in the nation. As a result, El Salvador became the first nation to accept Bitcoin as a legal currency. It was widely recognized as the first time a country used a volatile currency as a legal tender. However, many slammed Bukele’s move, stating that it would lead to increased money laundering and illicit behavior. Also read: ChatGPT: AI Will “Break Capitalism,” Says CEO Sam Altman However, Bukele has a different opinion regarding this, as he recently spoke about various things, including the benefits of legalizing Bitcoin, in his recent interview on “Tucker Carlson Today”. One primary benefit that Bukele highlighted was the visible spike in tourism in the country. 🇸🇻 El Salvador President says tourism increased by 95% since making #Bitcoin legal tender. pic.twitter.com/JL0EUR0Z2m — Watcher.Gu...