Tag: bitcoin beach

Jul 30 2021

Aljazeera Vs. El Salvador’s Bitcoin Law: The Good, The Bad, And The Ugly

It’s time to turn our heads to the Arabic world. How does the Qatar-based international news station Aljazeera sees El Salvador’s Bitcoin Law? Are they as lost as western media or can they handle themselves in the cryptocurrency space? Well, their journalistic report is balanced and complete. Aljazeera gives you the good and the bad. They’re still confused about a few concepts, but...

Jul 28 2021

The American Press Vs. El Salvador: Forbes and Vice, Good Cop Bad Cop

Did El Salvador’s Bitcoin story lose steam? Perhaps. However, Forbes and Vice are on the case. The press is still monitoring the situation and Bitcoinist is still monitoring the press. With that dynamic in mind, we compiled the best and worse of the latest press coverage of El Salvador’s Bitcoin Law. You'll be offended. You'll be pleasantly surprised....

Jul 16 2021

The Bitcoin Beach Wallet Special

In this episode of “The Van Wirdum Sjorsnado,” host Aaron van Wirdum speaks with Bitcoin Beach Wallet developer Nicolas Burtey.Watch This Episode On YouTubeListen To This Episode:...

Jul 15 2021

Interview: Bitcoin Beach And The El Salvador Bitcoin Law

Leaders from Bitcoin Beach, the community in El Salvador, discussed their work and the recent legal tender law.Watch This Episode On YouTubeListen To This Episode:...

Jul 12 2021

That JPMorgan Report On El Salvador Doesn’t Even Mention The Lightning Network

How embarrassing! As more details about JPMorgan ’s “The Bitcoinization of El Salvador” report come to light, the reality of the situation settles. Traditional organizations don’t have a clue that the Lightning Network exists and is up and running. More so, Bitcoin is legal tender in El Salvador because and only because El Zonte is a living and breathing example of the Lightning...

Jul 10 2021

News From The El Salvador Experiment, Mid July: More ATMs and CNN

This week was low on high-profile people news but high in community building and hard work. Everyone seems to be waiting to see where the chips fall before making any decisions. Except for the people of El Zonte, they can’t stop and won’t stop building. As the big September date approaches, we’ll see where everyone in the world lands in relation to the...

Jul 08 2021

Scaling Lightning: To El Zonte… And Beyond!

The path forward for Bitcoin is clear, with a revolution in the ability to transfer value occurring right in front of us.Here’s a philosophical question for Star Wars fans: when Luke fired two proton torpedoes down the thermal exhaust port and destroyed the first Death Star, was it the end of the story or the beginning? On the one hand, the Rebel...

Jul 06 2021

An Answer To Wired’s Hit Piece On Bitcoin And El Salvador

Once upon a time, Wired was a staple of cutting-edge-technologic culture. Their name carried weight. Their journalism was a sight to behold. Then, global media company Condé Nast bought the magazine. It immediately devalued the brand, but that wasn’t the real damage. Their texts disappeared from public consciousness. Nobody cared about what Wired had to say anymore. And now, we know...

Jul 03 2021

News From El Salvador, Early July: Bukele, El Zonte, And The ATM Factory

The Bitcoin train is moving fast in El Salvador. The law that makes it legal tender goes into effect in September, but the first Bitcoin company is already up and running. Also, a member of the US government and Reuters have President Bukele in their minds. Plus, concrete improvements in El Zonte, the land of Bitcoin and the Lightning Network. Related Reading |...

Jul 01 2021

Visit El Salvador’s Bitcoin Beach Through VICE’s Mini-Documentary

It’s all about El Zonte. A beach town that took part in an economic experiment, became Bitcoin Beach and changed its country. Also, if everything goes right, it will change the world. For the best. As Bitcoinist reported, “...

Jun 23 2021

News From El Salvador: What’s Going On At Bitcoin Beach?

It feels like a movie, a modest youth outreach program at a remote beach ended up modernizing a whole country. And probably changing the whole world. Bitcoin is already legal tender in El Salvador, but that’s just the first step. The story continues at Bitcoin Beach, where an ever-growing group of Salvadorians is facing challenges and teaching children about the marvels of this...

Jun 22 2021

Digital Shekel: Israel’s CBDC Project Is Well Underway

Israel is the latest country to admit it’s been working in a Central Bank Digital Currency for a few years now. While giving a conference in the Fair Value Forum, Bank of Israel Deputy Governor Andrew Abir said that the institution he represents already ran a pilot program for the digital shekel. More than that, he confirmed that the Israeli CBDC already exists....

Jun 15 2021

Since It Adopted Bitcoin As Legal Tender, The World Is Looking At El Salvador

According to all metrics, El Salvador is all the rage right now. When the government announced that their citizens and all economic actors are legally allowed to use Bitcoin as legal tender, headlines all over the world reported on the news. But interest in the country is growing steadily since, from articles and features in all kinds of media, to Google interest and...

May 05 2021

In Wake Of Tragedy, El Salvador’s Bitcoin Community Raising Donations For Memorial Surf Center

Bitcoin Beach’s bitcoin fundraiser is in honor of the late Kathy Díaz, an El Salvador national surf team member who was struck by lightning.Bitcoin Beach, the bitcoin-focused project giving residents of a modest beach community in El Salvador unprecedented access to financial autonomy, is driving a global...

Apr 27 2021

El Salvador Surf Team Rides The Bitcoin Wave

The home country of Bitcoin Beach once again enjoys the immense benefits of the initiative that gave back to the community.The small Central American country of El Salvador can thank Bitcoin for pushing its national surf team to new levels. “Bitcoin has also helped El Salvador fund their National team and map out a training facility. On March 19, 2021, the Men’s...

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