‘Bitcoin Valley’ Launches In Honduras — Bitcoin Magazine

A local bit­coin hub has been launched in the tourist town of San­ta Lucia, Honduras.

Coined Bit­coin Val­ley, the pri­vate ini­tia­tive aims to cre­ate a cir­cu­lar Bit­coin econ­o­my and increase the flow of tourists in the region by mar­ket­ing the accep­tance of BTC in local shops, report­ed local news pub­li­ca­tion Diario La Pren­sa.

“Accept­ing bit­coin will allow us to open anoth­er mar­ket, win more cus­tomers,” said Cesar Andi­no, own­er of tourist busi­ness­es in San­ta Lucia, per a trans­lat­ed ver­sion of the report. “We have to glob­al­ize. We can’t close our­selves off from tech­nol­o­gy and we can’t be left behind when oth­er coun­tries are already doing it.”