El Salvador First Country to Make Bitcoin Legal Tender - Bitcoin Beach Improving Lives
Ep. 121

El Salvador First Country to Make Bitcoin Legal Tender - Bitcoin Beach Improving Lives

Episode description

June 9, 2021 a historical moment for Bitcoin. The first country of the world, El Salvador, made Bitcoin officially legal tender. Michael Peterson initiated Bitcoin Beach in El Zonte and started this whole development. I spoke with him two weeks before, he said, he is expecting a country to adopt Bitcoin, but we didn’t know, that it will happen so soon. Listen to the story of Bitcoin Beach and the people of El Salvador.

Our topics:

  • Michael Peterson’s Bitcoin story
  • What is Bitcoin Beach?
  • Description of El Salvador
  • Living conditions, financial problems
  • How Bitcoin makes a difference
  • Which wallets and services people are using
  • Use cases and hurdles?
  • How people navigate volatility
  • What Bitcoin enables
  • Is there a circular bitcoin economy?
  • Goal of Bitcoin Beach 2021 and beyond?