Bitcoin News
By Maheen Hernandez
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Nicolas Burtey Narrates: The country of El Salvador gets all the attention as being the first country to adopt Bitcoin, but it’s important to know that there is a small…
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I spent time in late 2020 in El Zonte, El Salvador. It’s a village of 3,000 people. I was so excited when I arrived that I was looking at the first tienda to buy something in…
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Bitcoin and lightning were accepted in many places at this point in El Zonte at this point! My payment was instant, from the Bitcoinbeach wallet to the walletofsatoshi.
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But this tienda didn’t accept bitcoin overnight. It really started with Jorge Valenzuela Bitcoin Beach.
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The first shop/tienda to adopt bitcoin was Jorge's mother. She probably didn’t have much choice.
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This is a tremendous amount of work! It's said that on average people need to have 7 touch points to start considering something. So it was an everyday job for 2 years.
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People are creatures of habit. Why should they change it? How do I know this bitcoin thing is not a scam? Private key?! Sat?!!? “I lost 20% yesterday. I knew it was a scam”.
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And to make things more challenging, there are real scams. People get scammed for many reasons.
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Bitcoin gets all the blame for it, because it’s new, misunderstood and easy to attack. When was the last time the Fed got blamed after a bank heist for printing bills and…
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Twitter Handle Milessuter spent a lot of time in El Zonte, he knows the challenge ahead. This is why he’s now focused on education. This is needed, and fast!
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Roman Martínez (chimbera), community leader gave me my first surfing lessons. Him and many others have been evangelist to bring adoption in this village.
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Bitcoin is hope. But there is tremendous pressure right now. Adopting a new currency has a lot of ups and down. They know better than anyone because they lived it already.
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So please give them a big shout out because they need it! For the journalists that are reaching out, I think this is a story that requires more attention.
The Currency Analytics
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