True North goes to the town entirely run on Bitcoin - Bitcoin Beach, El Salvador

Harrison Faulkner explores El Zonte, El Salvador, also known as Bitcoin Beach, the first town in the world to have a fully circular Bitcoin economy. Three years ago, El Zonte was run by dangerous gangs and over 90% of the town was too poor to have a bank account. Today, through local Bitcoin investments, this town is a tourist hotspot where locals are being paid in Bitcoin.

There is probably no other place on earth that is like this right now. Watch the latest episode of Ratio’d from El Salvador with Harrison Faulkner.
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An original video production by True North Canada.