Embrace BTC + strong anti-black effectiveness! El Salvador will welcome 3.9 million tourists in 2024, a record high annual increase of 22%

Salvadoran President Nayib Bukele has vigorously promoted the BTC policy and cracked down on crime, which has completely changed El Salvador. Santander, the largest bank in Spain, recently released a report stating that in 2024, El Salvador will welcome 3.9 million tourists, a 22% increase from the previous year, far exceeding the level from 2013 to 2016. (Background: Despite IMF restrictions, El Salvador this morning rarely increased its position by 11 BTC. Will the BTC purchase plan accelerate?) (Background: Can't El Salvador dollar-cost average BTC? Reached a 1.4 billion loan protocol with the IMF, which will restrict the purchase of BTC.) El Salvador was once considered one of the most dangerous countries in the world, with one of the highest murder rates. However, since President Bukele took office in 2019, he has aggressively cracked down on crime, making significant improvements in public security. At the same time, he has vigorously promoted the BTC policy and was successfully reelected last year. Surge in Salvadoran tourism Meanwhile, Bukele recently shared a report from Santander, the largest bank in Spain, showing that with the adoption of BTC and improvements in public security, El Salvador's tourism industry has performed remarkably well. In 2024, El Salvador will welcome 3.9 million tourists, a 22% increase from the previous year, nearly doubling the number of visitors from 2013 to 2016. El Salvador's tourism performance last year. Image source: Santander According to the report, the improvement in public security has been a significant factor in promoting this growth. In December 2024, there was only 1 murder case, and the number of murder cases for the entire year dropped to 114, a significant decrease compared to 6,656 cases in 2015. In addition, infrastructure upgrades and improved transportation accessibility have also promoted eco-tourism, making El Salvador more attractive and accessible to tourists. The report also pointed out that the number of tourists from the United States has significantly increased, many of whom have come because of El Salvador's adoption of BTC (videos of major chain stores such as McDonald's and Starbucks in the local community accepting BTC payments have been widely circulated). The improvement in public security has also encouraged Salvadorans living abroad, especially in the United States, to return home to visit, further promoting the development of the tourism industry. El Salvador's tourism growth has surpassed that of neighboring countries such as Costa Rica, Guatemala, and Panama, which each attract approximately 3 million tourists annually. The continued expansion of the tourism industry is expected to attract more investment and strengthen the country's economy. Vigorous promotion of the BTC policy Under Bukele's leadership, El Salvador officially designated BTC as legal tender in September 2021 and actively promoted a number of BTC policies, including the development of wallets, launching an investment citizenship plan, seeking the issuance of BTC Volcanic Bonds, daily dollar-cost averaging of BTC, mining BTC with volcanic geothermal energy, and more. Cathie Wood, founder of Ark Investment, praised Bukele last year for using BTC and AI to promote economic and educational reforms, and predicted that Bukele would be able to expand El Salvador's GDP tenfold during his new 5-year presidential term. However, it is worth noting that the Salvadoran government recently reached a loan protocol with the International Monetary Fund (IMF) totaling $1.4 billion. In exchange for financial assistance, El Salvador has agreed to make concessions in its BTC policy, including: Making it voluntary for businesses to accept BTC payments Gradually reducing government support for the official electronic wallet, Chivo Wallet Tax payments will only be accepted in US dollars (the country's official currency) Restricting the participation of the public sector in BTC-related economic activities, and limiting BTC transactions and purchases This means that in the future, the private sector in El Salvador can choose whether to accept BTC payments, and the extent to which the public sector participates in BTC-related activities will decrease. These restrictions may weaken the prevalence of BTC in El Salvador's economy and the momentum of policy promotion. It remains to be seen whether El Salvador can strike a balance between maintaining fiscal stability and promoting innovative policies, and this will be a focus of close attention in the future. Related reports Salvadoran President shows off his trade: BTC investment return exceeds 133%! Did the local people make a fortune? Argentina cooperates with El Salvador to sign an encryption industry cooperation protocol, will it become the next BTC country? El Salvador plans to cancel mandatory business acceptance of BTC payments in exchange for $3.3 billion in loans from the IMF and World Bank Embracing BTC + effective crackdown! El Salvador welcomes 3.9 million tourists in 2024, a 22% increase, reaching a new high. This article was first published on BlockTempo, the most influential blockchain news media in the dynamic area.