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

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  • Опубликовано: 15 фев 2024
  • 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

Комментарии • 28

  • @SinghCapital
    @SinghCapital 4 месяца назад +18

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

    • @geoms6263
      @geoms6263 2 месяца назад

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

    • @2ndlife-ql1hc
      @2ndlife-ql1hc Месяц назад

      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?

  • @garys6135
    @garys6135 5 месяцев назад +12

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

  • @djshoalsjr2724
    @djshoalsjr2724 4 месяца назад +8

    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
    @jkmulya2014 Месяц назад +2

    a country with a smart Leader

  • @nadimulislamtonoy9604
    @nadimulislamtonoy9604 5 месяцев назад +4

    Look like it bitcoin could work in el Salvador.

  • @happykitten5695
    @happykitten5695 5 месяцев назад +1

    🙏✌💛

  • @zachary261
    @zachary261 4 месяца назад +1

    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 месяца назад

      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 месяца назад

      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

  • @redbloodedamericanman
    @redbloodedamericanman 3 месяца назад +1

    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?

  • @qwertyqwerty697
    @qwertyqwerty697 5 месяцев назад

    Aншa Aбдyль!

  • @MichelleLinda-vf7pb
    @MichelleLinda-vf7pb Месяц назад +7

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

    • @ErenHamza-wu9gx
      @ErenHamza-wu9gx Месяц назад

      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 Месяц назад

      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.

  • @datka3
    @datka3 3 месяца назад

    Things that people do to escape taxes, lol

  • @Wlld081
    @Wlld081 15 дней назад

    Oh God. All them new citizens are hypocrites

  • @ChristineEbadi
    @ChristineEbadi 5 месяцев назад +4

    Don’t trust Bitcoin

    • @Gaud720
      @Gaud720 4 месяца назад +7

      but trust the US dollar !

    • @heaven-is-real
      @heaven-is-real 4 месяца назад

      dont trust the fed

    • @user-wq9mw2xz3j
      @user-wq9mw2xz3j 2 месяца назад

      @@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 2 месяца назад

      ​@@Gaud720😂😂😂😂

  • @danquarterman
    @danquarterman 4 месяца назад

    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.