News From El Salvador, Late September: Chivo On Fire, LABITCONF, Build w/ BTC
So, Bitcoin is legal tender in El Salvador. How did the experiment start? With fire and chaos. You could say that the implementation wasn’t the smoothest, but it’s advancing and people are learning. The narrative shifted from the remote beach town of El Zonte to the busy streets of San Salvador, but there’s action everywhere. While the city folks get in line to use a Chivo ATM, back in Bitcoin Beach the vendors keep receiving Sats from the community. And the project keeps on moving, onboarding new people every day.
That’s enough intro, though. What happened in El Salvador since we last spoke? Well…
Latin American Bitcoin & Blockchain Conference, El Salvador
🤩🌋 #LABITCONF | El Salvador @ Nov 15 to 20.Conferences, Hackathons, Lightning, B2B Speed Datings & more.Its a whole experience. Together with @BitcoinMagazine @talentrepublic_ @BlockSummitLA #Savethedate 🔥 https://t.co/gGv5CLg4zq @nayibbukele #ElSalvador #bitcoin #BTC pic.twitter.com/lJJ0DoXKxF— LABITCONF (@labitconf) September 13, 2021
The Chivo Ecosystem Is On Fire
Manifestantes incendian un Punto y un ATM Chivo en el Centro de la Capital San Salvador, en El Salvador 👇Parte del fracaso con la implementación de la Chivo Wallet, ha dado fuerza a los opositores al #Bitcoin pic.twitter.com/SjGUcr9o5y— Ishi Kawa ⚡ (@soyishikawa) September 15, 2021
However, are the protesters to blame? The undercover agent that blends with the crowd and then sets something on fire to make a pacific protest look like a riot is a classic governmental tool. And that’s what President Bukele’s opposition says happened.
Wondering how @chivowallet is doing? Going nuts🚀🇸🇻I didn't count, but there are more than 70 persons in the line, waiting to use one #Bitcoin ATM.It's not just this ATM. I have seen several.. some with even more people!Don't know if they're here for deposits or withdrawals pic.twitter.com/e8Z9sElDMb— Arnold Hu₿ach ⚡️ (@st4rnold) September 21, 2021
A Day Using The Lightning Network Only
Just a taste of what we're seeing in #ElSalvador just about one week after #Bitcoin became legal tender.While some vendors are still setting up #BTC payments, others are excitedly ready to go. pic.twitter.com/ujVnRKCTSj— Paxful (@paxful) September 19, 2021
Do note that the protagonists use the Paxful wallet for their Lightning Network adventure, not Strike nor Chivo.
Everything Started At Bitcoin Beach
The Bitcoin Beach people don’t stop.
Leave a Legacy-While #ElZonte has gotten most of the publicity, this beautiful remote village near the famed #PuntaMango surf break has been central 2 #Bitcoin Beach. We are building the field but looking for 1 BTC to build the community center building- looking 4 single donor pic.twitter.com/evtFW3M8LN— Bitcoin Beach (@Bitcoinbeach) September 21, 2021
Let’s kick this in high gear! Got a school project ready for you guys to rebuild that is right next to our new community center in #PuntaMango https://t.co/qgbFIlQj5o pic.twitter.com/X80lachHxS— Bitcoin Beach (@Bitcoinbeach) September 19, 2021
No official answer yet
Celebrating this historic day by giving $50 in #BTC to each family in #ElZonte to celebrate the roll they played in disrupting the world’s financial system and showing that financial inclusion is easily attainable with #Bitcoin pic.twitter.com/mrlESepjud— Bitcoin Beach (@Bitcoinbeach) September 8, 2021
Pan dulce $0.25 #Bitcoin El Salvador 🇸🇻 pic.twitter.com/AqNlyN2N29— Roman Martínez (chimbera) (@romanmartinezc) September 20, 2021
That’s it for now. See you all on the flipside. Here’s the LABITCONF video via YouTube.Source