Bitcoin Beach and the El Salvador Bitcoin Law w/ Aaron van Wirdum, Jorge Valenzuela & Chimbera

2 years ago
121

In this episode of the Bitcoin Magazine podcast, Aaron van Wirdum speaks with Jorge Valenzuela and Roman Martinez AKA Chimbera, two community leaders from the Bitcoin Beach project in El Zonte, El Salvador.

Jorge and Roman tell the history of the Hope House, the heart of the Bitcoin Beach project, which aims to offer local youth a sense of community and perspective. They explain how their efforts have in recent years come to integrate Bitcoin, and what that process looked like.
Jorge and Roman go on to explain how El Zonte has quickly grown to be a Bitcoin hotspot in El Salvador and Central America, and how this has changed the lives of people in the costal surfer town.

From there, the Bitcoin Beach community leaders tell how the country of El Salvador adopted the new law to make bitcoin legal tender, and how they received the new law in El Zonte. They also discuss what they think the rest of the country thinks of the new law.
Finally, Jorge and Roman speculate about what the Bitcoin law could mean for El Zonte and El Salvador moving forward, and how bitcoiners from all around the world can help make the initiative a success.

For more compelling video content from Bitcoin's original publication, subscribe and turn on notifications for the Bitcoin Magazine YouTube channel.

Bitcoin 2022 will be the biggest Bitcoin conference ever! Get early bird tickets: https://b.tc/conference/2022

Join our telegram community: https://t.me/officialbitcoinmagazine

Subscribe to our newsletter and receive news and analysis before anyone else: https://bitcoinmagazine.com/subscribe

Connect with us on social media and join the conversation:
Twitter: https://twitter.com/BitcoinMagazine
LinkedIn: https://www.linkedin.com/company/bitcoin-magazine/
Twitch: https://www.twitch.tv/bitcoin
Facebook: https://www.facebook.com/BitcoinMagazine
Instagram: https://www.instagram.com/realbitcoinmagazine

Buy Bitcoin from Bitcoin Magazine with a credit card: https://buy.bitcoinmagazine.com/

Listen and subscribe to our podcasts:
Apple: https://podcasts.apple.com/us/podcast/bitcoin-magazine/id1459884105
Spotify: https://open.spotify.com/show/1IxBiqXrUwWUgwiQwKWwxk?si=i1YLDbXySIGGZ1owRdgXtQ
Google: https://podcasts.google.com/feed/aHR0cDovL2JpdGNvaW5tYWdhemluZS5idGMubGlic3lucHJvLmNvbS9yc3M
BitcoinTV: https://bitcointv.com/accounts/btc_media/video-channels

Timestamps:

0:00 - 0:44 Intro
0:44 - 1:24 Jorge introduces himself
1:24 - 1:51 Roman introduces himself
1:51 - 7:38 What is the Hope House?
7:38 - 10:49 The anonymous bitcoin donor
10:49 - 15:57 Evangelizing bitcoin in El Zonte
15:57 - 17:52 The significance of introducing digitally native money to El Zonte
17:52 - 19:30 Bitcoin's effect on kids in El Salvador
19:30 - 20:46 Bitcoin represents different things for different people
20:46 - 22:42 Bitcoin 2022
22:42 - 23:58 The Deep Dive
23:58 - 26:40 How do people in El Salvador deal with the volatility of bitcoin?
26:40 - 27:46 How are Salvadorans avoiding scams?
27:46 - 31:12 Bitcoin is changing the opportunities in El Salvador
31:12 - 34:50 How many people are actively using bitcoin in El Zonte?
34:50 - 38:06 El Zonte set the example for nationwide bitcoin adoption
38:06 - 39:01 How to follow Bitcoin Magazine's content
39:01 - 41:02 Did El Zonte know about the bitcoin legal tender bill?
41:02 - 42:22 How do Jorge and Roman feel about Article 7 of the new law?
42:22 - 44:39 How has the new law been received in the country?
44:39 - 48:30 The process of educating Salvadorans about bitcoin
48:30 - 52:03 How can bitcoiners help El Salvador succeed?
52:03 - 54:35 Where will El Zonte be in ten years?
54:35 - 57:51 Where will El Salvador be in ten years?
57:51 - 58:38 Closing comments

Loading comments...