El Salvador President Nayib Bukele announced that the local airline Volaris El Salvador will accept payment for tickets in bitcoins.
As a result of the massive adoption of bitcoin in El Salvador, Volaris El Salvador, a subsidiary of Mexican low-cost airline Volaris, will begin accepting bitcoins as payment.
The news was announced on Twitter by Salvadorian President Nayib Bukele a month after the El Salvadorian authorities issued a permit to the local Volaris subsidiary to operate in the country.
“We have a Salvadoran airline with low-cost tickets, accepting #Bitcoin,” Bukele wrote.
Ya tenemos aerolínea salvadoreña, de bajo costo y que acepta #Bitcoin
???? @viajaVolaris pic.twitter.com/mMqzxtOYhA
— Nayib Bukele ?? (@nayibbukele) October 20, 2021
At a recent Volaris event, President Bukele stressed that if residents pay with Bitcoin and use the Chivo wallet, it will allow the government to increase the number of flights.
The Bukele government encourages citizens to use bitcoin for payments and has offered Chivo wallet users a discount on fuel payments.
The country has already reinvested $4 million worth of unrealized bitcoin gains to fund infrastructure projects.
In early November, the international airport of Maiketia named after Simon Bolivar in Venezuela also began accepting DASH and BTC cryptocurrencies, as well as the state cryptocurrency Petro to pay for air tickets.
Read more On El Salvador:
- El Salvador President, Nayib Bukele Says Citizens Are Using More USD To Buy Bitcoins
- President Nayib Bukele Shares First Results Of El Salvador Mining Bitcoin With Volcanoes
- President Nayib Bukele Says El Salvador Will Use Bitcoin Profits To Fund Pet Hospital
- El Salvador’s President Shows First Steps Of Building The Most Awaited Volcanic Geothermal Bitcoin Mining Facility
- El Salvador Buys The Bitcoin Dip Again, According To President Najib Bukele “They Can Never Beat You If You Buy The Dips”
- Bitcoin Is Now Official Currency Of El Salvador
- According To El Salvador President, Nayib Bukele, 1.1 Million Salvadorans Now Using Chivo Bitcoin Wallet
- El Salvador Chivo Bitcoin Wallet Has Surpassed 500,000 Users
- McDonald, Pizza Hut, Starbucks Started To Accept Bitcoin In El Salvador
- El Salvador Makes Further Progress In Making Bitcoin Legal Tender By Setting Up 200 ATMS Across The Country For Exchanging Bitcoin
- In A Surprising Gesture Of Support, Bank Of America Outlines Key Benefits Of El Salvador Bitcoin Adoption
- World Bank Refuses El Salvador Request To Assist With BTC transition
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
