Tag: bitcoin beach

Sep 28 2022

El Salvador To Host Nonprofit Bitcoin Conference With Attendees From Over 30 Countries

Adopting Bitcoin will see 110 speakers from 30 countries, including Mexican Senator Indira Kempis, discussing financial inclusion and technology.El Salvador, the first country in the world to adopt bitcoin as legal tender, is hosting an Adopting Bitcoin conference which will see more than 110 speakers from over 30 countries gather to discuss financial inclusion, per a...

Sep 07 2022

Bitcoin Beach North And Building Out Bitcoin In A Bank Building

The Bitcoin takeover of Michigan has been strengthened by the addition of a new Bitcoin Beach and education center.This is an opinion editorial by Heidi Porter, an entrepreneur with 35 years in technology, Ben, a Gen Z Bitcoin evangelist and Xa Ya Za Za, a business owner, artist and node whisperer. Have you heard the exciting news? There’s a new Bitcoin beach...

The State of Lightning One Year After El Salvador’s Bitcoin Adoption

Lightning helped El Salvador adopt bitcoin one year ago, which in turn helped usage of the Bitcoin Layer 2 network balloon around the world.Bitcoin headlines more often than not focus on the price. Whether it goes up or down in U.S. dollar terms, the media rides the wave accordingly, denoting “bubbles” and “crashes” as they come. As a result, the technology’s fundamentals...

Sep 06 2022

Bitcoin Beach Brazil: Inspired By El Salvador

A project in Brazil seeks to emulate the successful adoption of bitcoin seen on the beaches of El Salvador.This is an opinion editorial by João, founder of Boletim Bitcoin, a Brazilian portal focused 100% on Bitcoin.Meet Bitcoin Beach Brazil, a social project inspired by El Salvador, which is increasing the adoption of BTC as a form of payment and savings for...

Sep 05 2022

El Salvador And Bitcoin After Bukele

Why the Bitcoin Law in El Salvador being reversed is more unlikely than you might think.This is an opinion editorial by Jeremy, an advisor to Escape to El Salvador which is a community of professionals who assist expats in gaining residency and citizenship in El Salvador.It has been wonderful to watch so many people visiting our beautiful country recently! They fall...

Aug 30 2022

News From El Salvador, Late August: Preparing for Bitcoin Day’s 1st Anniversary

It’s hard to believe Bitcoin Day was only a year ago. Let’s go back to El Salvador in anticipation of that faithful day’s celebrations, you'll find that the country is booming with activity. This compilation of news has it all; from tourism to mining, from conferences to meetups. For a while there, the war with the gangs monopolized El Salvador-related headlines, but with...

Jul 27 2022

Bitcoin Adoption In El Salvador Continues To Grow

Jimmy Song shares his perspective on El Salvador's adoption of bitcoin, the housing market and how fiat currencies reduce the quality of life.This is a transcribed version of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Jimmy Song to talk about bitcoin adoption in El Salvador....

Jun 21 2022

Reflecting On The Original Bitcoin Beach White Paper

Three years ago, an idea to bring bitcoin to an impoverished country to spur economic transformation was born.This is an opinion editorial by Mike Peterson, a lifelong entrepreneur, philanthropist and author who is director of the Bitcoin Beach project.Three years ago I attended a meeting that changed the trajectory of my life. The meeting was with the advisor of an early...

Jun 03 2022

Bukele: If BTC Succeeds In ELSL, “It’ll Be One Of History’s Biggest Game-Changers”

The second Nayib Bukele interview by What Bitcoin Did comes with as many quotables as the first one. This one was recorded days after the Bitcoin Law went into effect in El Salvador, so the information might feel a little dated. Especially if you’ve been following Bitcoinist’s coverage of the ELSL story...

May 25 2022

Central Bankers Descend On El Salvador To Learn About Bitcoin And Financial Inclusion

Financial representatives of 44 countries visited El Salvador and saw firsthand how the country’s Bitcoin adoption is changing it for the better.What happened in El Salvador to encourage 44 different countries to send representatives from 32 central banks and 12 other financial institutions? The short answer...

May 24 2022

Let’s Dissect The “Follow The Money #1” Documentary, Pt. 1- Salvadoran Confusion

In “Follow The Money,” the What Bitcoin Did team goes deep. The podcast is already a part of the El Salvador story, with its host Peter McCormack being the first to interview President Bukele after the Bitcoin Law’s announcement. In this new documentary,...

May 21 2022

It Was Not A Bitcoin Event. Then, Why Were The Central Bankers In El Salvador?

The week started with central bankers and financial authorities from 44 countries arriving in El Salvador. The mainstream media ignored it completely. The IMF started sweating. President Bukele started meme-ing. Everybody assumed they were there to learn about...

May 20 2022

How El Salvador Introduced 44 Countries To Bitcoin This Week

El Salvador hosted a financial inclusion event this week bringing representatives from 44 countries to experience using BTC at Bitcoin Beach.El Salvador hosted central bankers and financial authorities from 44 countries for a financial inclusion event this week.All participating members were able to download their own Bitcoin wallets and make purchases with BTC. In July 1944, 44...

May 16 2022

President Nayib Bukele Announces 44 Countries To Meet In El Salvador To Discuss Bitcoin

El Salvador President Nayib Bukele announced that 32 central banks and 12 financial authorities are meeting in the country to discuss Bitcoin.Late Sunday night, El Salvador President Nayib Bukele announced on Twitter that 32 central banks and 12 financial authorities from 44 countries are to meet on Monday,...

Apr 22 2022

Bitcoin Beach Spawns A Fast-Growing Offshoot In Costa Rica — Bitcoin Jungle

The popular location project is a model to be replicated for areas seeking to seize the opportunities Bitcoin offers.As a former resident of Venezuela, Josef Dvoracek knows a thing or two about inflation, economic mismanagement, and the risks of fiat currencies.That's why he's been among the most enthusiastic pioneers of a new bitcoin payments ecosystem that has sprung up in this...

Apr 20 2022

National TV Exposure: “60 Minutes Overtime,” About The Bitcoin Beach Wallet

As it turns out, the “60 Minutes” report on Bitcoin Beach that we recently covered had a hidden segment. The title is “The tech behind the...

Apr 14 2022

El Salvador: One Small Step For Bitcoin

Tracing El Salvador's Bitcoin story, from Bitcoin Beach to the ongoing challenges in establishing government-led adoption.This article originally appeared in Bitcoin Magazine's El Salvador print issue. You can purchase the full issue here.“Are you guys ready for this?” Jack...

Apr 12 2022

The Legendary TV Show “60 Minutes” Turns Its Eye To El Salvador’s Bitcoin Beach

It doesn’t get much mainstream than CBS’s “60 Minutes.” The legendary newsmagazine debuted in 1968 and has been going strong ever since. And now, they’re talking about El Zonte AKA Bitcoin Beach, the place where it all started. How did it start, though? Even though Bitcoinist has written extensively...

Mar 24 2022

Bitcoin Is Empowering Marginalized Communities In Peru

A non-profit project is establishing micro Bitcoin economies in villages in Peru to grant financial opportunity to unbanked communities.What started as a simple, one-time $3,000 effort to buy shoes and socks for Peruvian children facing high mortality rates quickly grew into a full-scale effort focused on enabling financial empowerment through Bitcoin.After a visit to...

Mar 19 2022

From The Ground: Five El Zonte Residents Talk About Their Bitcoin Experience

Hyperbitcoinization began in El Zonte. Since El Salvador declared bitcoin legal tender, the little town also known as Bitcoin Beach became a pilgrimage point for bitcoiners everywhere. That’s what this publication's From The Ground series is all about. First-hand experiences, directly from the center of the volcano. So far, we’ve brought you the...

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