El Salvador is once again at the forefront—officially launching the "Bitcoin Country" passport system. This passport system is aimed at Bitcoin ecosystem participants, allowing cardholders to receive up to 10% cashback discounts when shopping at merchants integrated with the Bitcoin payment system across the island. It covers mainstream service industries such as hotels and dining. The message of this plan is clear: using real monetary incentives to promote the daily circulation of Bitcoin. The current activity is valid until February 28th, and subsequent actions are worth watching. From Bitcoin fiatization to the implementation of everyday consumption scenarios, El Salvador is using practical actions to verify the feasibility of Bitcoin payments. Such policy pilots are of great significance for the commercial application of the entire crypto ecosystem.
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El Salvador is once again at the forefront—officially launching the "Bitcoin Country" passport system. This passport system is aimed at Bitcoin ecosystem participants, allowing cardholders to receive up to 10% cashback discounts when shopping at merchants integrated with the Bitcoin payment system across the island. It covers mainstream service industries such as hotels and dining. The message of this plan is clear: using real monetary incentives to promote the daily circulation of Bitcoin. The current activity is valid until February 28th, and subsequent actions are worth watching. From Bitcoin fiatization to the implementation of everyday consumption scenarios, El Salvador is using practical actions to verify the feasibility of Bitcoin payments. Such policy pilots are of great significance for the commercial application of the entire crypto ecosystem.