[Vice President of El Salvador: Bitcoin is driving the “rebirth” of our country]
Félix Ulloa, Vice President of El Salvador, emphasized during a visit to Forbes that Bitcoin is extremely critical to the country’s economic and political revitalization, accelerating tourism, investment and economic growth. He believes that tourism and digital currency complement each other and represent the future direction and the rebirth of the country.
Bitcoin not only brings El Salvador an open and borderless financial system, but also creates new opportunities for its people that transcend international criticism. Ulloa pointed out that despite initial objections from multilateral organizations, El Salvador’s status as the first country to use Bitcoin has attracted investors to settle here. In September 2021, El Salvador, driven by President Nayib Bukele, became the first country to legally accept Bitcoin, increasing financial inclusion and providing access to global finance. This demonstrates the economic power of cryptocurrencies and encourages other countries to explore financial innovation.
