El Salvador's surf city: The Bitcoin haven for tourists and investors alike

El Salvador's Bitcoin experiment: tourism boost, expedited citizenship, despite IMF warnings. The adoption of Bitcoin as a national currency in 2021 has had a positive impact on tourism in El Salvador, particularly in the seaside village of Surf City, also known as Bitcoin Bit.
Al Jazeera's Manuel Rapalo reports from El Salvador’s bitcoin beach.
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#ElSalvador #Bitcoin #tourism #cryptocurrency #BitcoinBeach #NayibBukele #expeditedcitizenship

Пікірлер: 28

  • @SinghCapital
    @SinghCapital4 ай бұрын

    I closed all my bank accounts and only use Bitcoin now, its a much better life.

  • @geoms6263

    @geoms6263

    2 ай бұрын

    respect. I give back to my bank all they paper shiitcoin

  • @2ndlife-ql1hc

    @2ndlife-ql1hc

    29 күн бұрын

    Do you still live in El Salvador and wonder in your everyday life how much percentage can you spend Bitcoin? I heard it’s like only like 10% of all vendors, only those tourism industry like Hotels or fancy coffee places do accept Bitcoin? But how about if you take bus or taxi everyday can you pay with Bitcoin, on street taco stands can you pay Bitcoin?, and your monthly rent, or buying houses do most sellers accept Bitcoin? does the real estate accept Bitcoin?

  • @djshoalsjr2724
    @djshoalsjr27244 ай бұрын

    The problem is banks are sinking their claws into Bitcoin and it’s started with world backs and Bitcoin ETF’s. Good luck El Salvadorians. I really hope you get that Bitcoin City going!

  • @jkmulya2014
    @jkmulya2014Ай бұрын

    a country with a smart Leader

  • @garys6135
    @garys61354 ай бұрын

    It took courage to adopt btc as legal tender I hope it works out g

  • @happykitten5695
    @happykitten56955 ай бұрын

    🙏✌💛

  • @nadimulislamtonoy9604
    @nadimulislamtonoy96045 ай бұрын

    Look like it bitcoin could work in el Salvador.

  • @MichelleLinda-vf7pb
    @MichelleLinda-vf7pbАй бұрын

    To obtain financial freedom, one must either be a business owner, an investor or both generating massive income

  • @ErenHamza-wu9gx

    @ErenHamza-wu9gx

    Ай бұрын

    You guys are on point. Most people think investing in crypto is all about buying coins and leave it to Rise, Common it's takes much analysis to be a successful crypto trader.

  • @Sophia-om9iz

    @Sophia-om9iz

    Ай бұрын

    Most people think investing in crypto is all about buying coins and leave it to Rise, Common it's takes much analysis to be a successful crypto trader.

  • @zachary261
    @zachary2614 ай бұрын

    Bitcoin was supposed to be a privacy coin and a way to store money without worrying about bank runs. Transparency? Get out of here. Everyone's finances is none of anyone's business and that's the way it should be.

  • @DavidM-es9qq

    @DavidM-es9qq

    4 ай бұрын

    The problem is a nation’s bank account isn’t an individuals. Tax payers should know how their money is being spent

  • @user-wq9mw2xz3j

    @user-wq9mw2xz3j

    2 ай бұрын

    haha in your dreams. why do you think governments allow it? its in some ways MORE trackable than other means of currancy transfers. Everything is public. There is no privacy in cryptocurrency transactions

  • @qwertyqwerty697
    @qwertyqwerty6975 ай бұрын

    Aншa Aбдyль!

  • @datka3
    @datka33 ай бұрын

    Things that people do to escape taxes, lol

  • @redbloodedamericanman
    @redbloodedamericanman3 ай бұрын

    place is expensive AF for El Salvador...why would i go to a country like El Salvador and want to pay the same prices for food and drink as I do in the US?

  • @Wlld081
    @Wlld08110 күн бұрын

    Oh God. All them new citizens are hypocrites

  • @ChristineEbadi
    @ChristineEbadi4 ай бұрын

    Don’t trust Bitcoin

  • @Gaud720

    @Gaud720

    4 ай бұрын

    but trust the US dollar !

  • @heaven-is-real

    @heaven-is-real

    4 ай бұрын

    dont trust the fed

  • @user-wq9mw2xz3j

    @user-wq9mw2xz3j

    2 ай бұрын

    @@Gaud720 nah, none. However if you get USD cash, you can use it all over the world and its much less trackable than Bitcoin. So yeah, id trust more, even as I have -100 trust for usa..

  • @jasd.a636

    @jasd.a636

    Ай бұрын

    ​@@Gaud720😂😂😂😂

  • @danquarterman
    @danquarterman4 ай бұрын

    You don't need Bitcoin to launder your peoples tax dollars. That's Fn ridiculous They'd still do it if there was no bitcoin.