we know El Salvador is first to accept botciin as legal tender
The project Bitcoin Beach is creating a sustainable Bitcoin Economic ecosystem on the coast of El Salvador, where the majority of people do not have access to bank accounts and the local businesses could never qualify for merchant accounts needed to accept credit cards.Bitcoin Beach is a movement to make sure the true potential of Bitcoin is realized, and that those who have been excluded from the banking system are the primary beneficiaries.Backed by the donation of an anonymous early Bitcoin adopter, Bitcoin Beach has made it its mission to prove that Bitcoin could have the biggest impact on the lives of those that society often ignores.
Our work is just getting started
source:www.bitcoinbeach.com
Bitcoin Beach has brought together talented entrepreneurial community members to make sure all our efforts meet the real needs of the local community. Every month we have new local businesses and services begin to accept payment in Bitcoin.
Our vision is to create a Bitcoin circular economy that include remittances, tourism, public service and small business. The village of El Zonte is only the beginning. We have recently launched the initiative in Punta Mango, another beautiful surf town about 3 hours from El Zonte. The goal is for Bitcoin adoption to grow along the coast in different communities and fill in the gaps over time
Adoption
Bitcoin adoption starts with Education The Bitcoin Beach team offers local communities the necessary tools and training to transact with Bitcoin. They assist them in setting up wallets so that they can purchase anything from $1 bag of tortillas to a $3 haircut. With the help of b4H EDUBLOCKS, www.b4h.ngo; we are now offering weekly classes focused on the history of BTC, security and custody issues, and saving for the future in sound money.
