The Crypto Coast of El Salvador is Waiting for You
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.
From the early days, Bitcoin promised to allow us to bank the un-banked, and return power back from financial institutions to the individual. However, until recently, this promise has remained elusive. 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 its mission to prove that Bitcoin could have the biggest impact on the lives of those that society often ignores.
Bitcoin Beach is a locally led Salvadoran initiative that is actively supported by US based non-profit www.missionsake.com under their https://thecommunitybuild.com/ initiative, and partners with https://bitbybitfund.org/index.html and https://www.b4h.world/. We do not convert Bitcoin donations to fiat. We use all Bitcoin donations to pay Bitcoin stipends to locals participating in the work we do.
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. Locals can pay their Utility Bills (phone, water and electric), for medical care, food and even haircuts using Bitcoin over the Lightning Network.
The project is slowly growing a Bitcoin ecosystem in a way that truly improves lives. Since 2019, Bitcoin has been used as a medium of exchange in the coastal villages through a number of initiatives that all involve using BTC in real transactional ways.
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.
During the COVID19 pandemic, while other tourist hot-spots struggled to survive, the people of El Zonte remained resilient thanks to an alternative Bitcoin economy. This option proved its value by enabling aid to reach the community's members through direct deposits to their Bitcoin wallets without any physical contact. Direct Bitcoin donations gave the power to the locals to buy what they needed most, and helped the local businesses keep their door's open.
Meet El Salvador: Community Benefits
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 www.Blockchain4Humanity.com, we are now offering weekly classes focused on the history of BTC, security and custody issues, and saving for the future in sound money.
The younger generations are already adopting different means to exchange value and using Bitcoin in ways we would never think of. We help get the ball rolling, but they will be the ones driving the revolution forward.
A heart for seeing the youth in El Zonte be able to finish high school and go onto University. Husband, father, surfer and champion of Bitcoin.
A biology major at the University, Ana serves as a mentor to young students to encourage them to finish school and reach their highest potential.
University student studying business with a focus on tourism. Devoted husband and bus driver for our students that we transport to high school. He is the quiet guy that keeps things on track behind the scenes.
We joke he is no longer Salvadoran because he spent so many years in Italy. Always smiling and up for adventure, he keeps Bitcoin Beach fun.
Currently in her second year of her master's in Odontology. Upon graduation, Yamileth's vision is to become an active member of the community, to assist people in need, enabling progress in El Salvador.
University student studying English that helps as a tutor in our school education program and provides training to new Bitcoin users.
High School Student that serves as a tutor in our school education program and is our trainer to help people open new wallets.
Currently attending 9th grade, Ismael is focused on completing high school and becoming one of the few that makes it to University.
University student studying business administration, and the one we rely on to keep all the numbers straight. Yosselyn makes sure all the programs receive their correct payments.