Bitcoin Beach

submited by
Style Pass
2021-06-05 22:00:05

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 unbanked, and return power back from governments and financial institutions to the individual. However, until recent, 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 it 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.ngo/. 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.

Leave a Comment