El Salvador plans to build 'Bitcoin Beach'

El Salvador plans to build 'Bitcoin Beach'

2022/1/18

El Salvador will reportedly soon begin developing Bitcoin Beach, making it a destination for surfers and tourists worldwide. Bitcoin Beach, the birthplace of the country's bitcoin initiative, continues to develop despite widespread criticism. The Bitcoin Beach project started three years ago after someone anonymously donated bitcoin to the beach town of El Zonte. Since then, businesses and tourists in the area have increasingly used bitcoin for transactions at beach shacks or to pay other local fees. In addition, the salaries of the town's employees are also paid in digital currency. Thus, the name Bitcoin Beach was established as a public tribute to the town's acceptance of Bitcoin as a means of payment.

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