How El Salvador’s Bitcoin-Powered Brand Brought Back Peace


  • Tourism Minister Morena Valdez unveils surprising statistics.
  • Violent crime rates in the country have decreased dramatically in recent times.
  • Chief Bukele’s BTC portfolio has risen to $849 million since DCA.

A self-fulfilling prophecy of a Bitcoin and Surf heaven come true in El Salvador, where tourists are said to flock from the Americas and Europe. The small country’s tech-savvy leader Nayib Bukele posted a celebratory video on Twitter about the incredibly effective violent crime reduction in the country. El Salvador.

“Unarguably the safest country in Latin America” It has become a safe haven for crypto enthusiasts aspiring to develop their Web3 business. The country’s crypto hub ambitions come a year after it was the world’s first to adopt bitcoin as legal tender.

Earlier this month, pro-Bitcoin Bukele signed into law an unprecedented bill Cancel all taxes on technology. Digital asset law too open the door To Volcano Bonds, the long-awaited Bitcoin-backed bond.

Moreover, I refused a bitcoin flight in El Salvador myth Bitcoin technology is only for the rich. The evolving Bitcoin Lightning system across the country provides people with financial freedom and equality, job creation and Education opportunities While making the daily lives of rural people considerably more manageable.

Bitcoin brings peace?

Previously tainted with the status of the most violent country in the Western Hemisphere in 2015, when there were 6,640 recorded murders, the Salvadorean people asked for change. The millennial ruler’s bold tactic of mass gang repression, which exemplifies this change, appears to have worked.

El Salvador has reached the millionth threshold foreign visitors This year, according to Morena Valdez, the country’s Minister of Tourism. This is a huge turnaround in reputation in a short period of time.

The recently built massive prison that hosts 4,000 violent gangsters is seen as a fair price to pay for San Salvador’s quiet streets and chill vibes. Zontethe famous bitcoin beach Exaggerate Max Keizer and Stacy Herbert.

Nayib Bukele’s cryptocurrency portfolio has been showing upward momentum since January 2023 after shifting to the USDC (DCA) tactics. Using this strategy, Bitcoin stocks in El Salvador are growing by one bitcoin per day, bringing in solid profits of $845,492.78, according to NayibTracker.

on the flip side

  • Najeeb Bukil Bitcoin (BTC) The portfolio is still down $40 million from its previous losses in 2022.

Why should you bother

El Salvador is the leading country to announce a legal tender for Bitcoin.

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