Santosh Shetty

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The pitch when it came to tourism was equally simple. El Salvador is small and mountainous, making large-scale agricultural production difficult. The country’s biggest export is cheap textiles, but that pales against remittances, which are, as mentioned above, a quarter of its annual GDP. With few natural resources, El Salvador’s options are limited. It does have excellent surfing, offering some of the biggest swells in the Pacific Ocean. For so-called Bitcoin nomads, who own a lot of Bitcoin and don’t want to be under the thumb of any government, Bukele offered up a vision of El Salvador as a ...more
Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud
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