pull down to refresh
0 sats \ 0 replies \ @CasaSatoshi OP 16 Feb \ parent \ on: I'm at a beach bar in El Salvador rn, here are my 'notes from the underground' bitcoin
Possibly, if we have time 🫡
No you haven't heard this. Or, if you have, you heard wrong. Precious metals are not used at all here, and noone has ever mentioned them to me, even as simple investments or stores of wealth. They want dollars, for the vast majority. A tiny minority understand Bitcoin as a superior store of wealth. Everything else is an afterthought.
I have spent a lot of time travelling, living, working and owning businesses in central and south America. I have never seen a single transaction conducted using precious metals. Your information is incorrect, and likely comes from biased, motivated reasoning. There is no use case for a crypto token backed by gold or silver. Bitcoin already exists.
While I wish you were right, but this isn't my experience on the ground.
-
The government made the decision a good 2-3 years ago. The 'boost' already happened. It had little to no impact. It's not new in El Salvador anymore, and most locals still don't care.
-
a tiny minority of Salvadorans pay attention to or care about what's happening 'around the world'. The vast majority have no interest in what the world thinks about 'cryptocurrency'. I'm saying this based on conversations I've had with locals, in multiple states - coastal, internal, urban and rural.
-
not a single human in el Salvador, foreign or local, has mentioned UX/UI or 'confusing tech' as a reason for not using it. They simply don't see a need for it, outside of cheap remittances. The economy is dollarized - This isn't Argentina, Lebanon or Venezuela.
I'm short, the problem is that most people don't see a problem, they have dollars and are happy with them. The issues of diminishing purchasing power, corrupted money, inflation etc are all a long way from the average Salvadoran's mind. Until that changes, which I don't believe it will any time soon, Bitcoin will remain a folly, accepted by a tiny handful of businesses, providing 'Bitcoin Disneyland' to wishful gueros (like me) who are looking to spend their Bitcoin in order to confirm their motivated reasoning.
I'm working on a chrome extension to help tackle misinformation and to create an interactive social layer on top of every web page... I want to have Bitcoiners be the alpha testers as I love this community deeply and believe the tool could add value... What's the best way to get the word out to potential alpha testers?
Not sure tbh, maybe it's an old feature? I'm guessing it was auto allocated when I made this profile? I've never logged in to any email server under that address.
Casa Satoshi is my business in San Cris, Chiapas. You can find us on Instagram if you wanna see more about who we are and what we're about 🤗
Couldn't agree more bud. If you're ever in San Cris, Chiapas, come stop by Casa Satoshi and say hi 🤙🏼
I wanted to but can't find any... The only one was an 'online only' meetup, so haven't managed to connect much with the community... I was hoping to see more 'on the ground activity' - the lack of it was one of the reasons I was initially disappointed 🙈
I'm trying! Been spending time on the beaches of Libertad and Sonsonante up to now. Heading inland to lake Coatepeque, Volcan Santa Ana, indigenous ruins and thermal waters of Santa Teresa in the coming week.
I'd say it's similar pricing and economic strength to Mexico. A lot of the coast seems to be privatised which is a shame, not a lot of public access beaches, lots of beach bars and ranchos. Can't comment on wages or prices of real estate I'm afraid 🤷🏻
Probably😝. If you can find/remember a name or location I'll go check it out and report back. I'm here on a Bitcoin fact-finding mission, so community input helps me cover as many bases as possible 🤙🏼
(Also, as far as I've seen so far, Bitcoin knowledge and interest is pretty much zero outside the La Libertad surf zone... I meant what I said when I asked for suggestions about where I can go or what I can do to get to see the 'real underground' 😋).