El Salvador Surf Team Rides The Bitcoin Wave
The home country of Bitcoin Beach once again enjoys the immense benefits of the initiative that gave back to the community.The small Central American country of El Salvador can thank Bitcoin for pushing its national surf team to new levels. “Bitcoin has also helped El Salvador fund their National team and map out a training facility. On March 19, 2021, the Men’s and Women’s Salvadoran surf teams signed their first-ever paid contracts. These contracts, funded by the Bitcoin Beach initiative, make them the only national sports team funded solely by Bitcoin,” reports StabMag, a surfing....
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Bitcoin Beach’s bitcoin fundraiser is in honor of the late Kathy Díaz, an El Salvador national surf team member who was struck by lightning.
Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements, including surfing, bitcoin, and overall crime reduction. El Salvador was one of the 15 countries that managed to take their tourism incomes to pre-pandemic numbers according to data from the World Tourism Organization.
Nayib Bukele States International Tourism Growth Is Powered by Bitcoin in El Salvador
Nayib Bukele, the president of El Salvador and promoter of the adoption of bitcoin (BTC) as legal tender in the country, shared his thoughts about....
El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of a strategic plan of the government of El Salvador. Surf City, another beach location in the La Libertad region, will also receive road improvements and other upgrades.
‘Bitcoin Beach’ to Benefit From Infrastructure Investments
Bitcoin Beach, a beach in El Zonte, El Salvador, is getting a set of infrastructure upgrades from the country’s government. The beach is iconic due to its adoption of....
El Salvador was the first country to make Bitcoin a legal tender. Though some speculations have given pessimistic forecasts on the implications for the nation, things seem to be moving in a contrary wave. El Salvador’s tourism record has shown a tremendous spike for the first half of 2022. According to government data, the country […]
AVAX climbed into the cryptocurrency top ten on Wednesday, following a three-day winning streak. Today’s move comes as THETA and NEO were also higher, despite the current market uncertainty. Biggest gainers Although the majority of the crypto top 100 was underneath a red wave, there were a few exceptions, which managed to surf above this. These include NEO, and THETA which were up between 4-8% respectively, however, today’s most impressive bull was AVAX. The price of avalanche (AVAX) rallied for a third consecutive session, with today’s surge taking AVAX into the....