in short: "The opportunity to access a global currency and conduct transactions without interference from dictatorial governments continues to be one of the primary advantages of Bitcoin."
translated from livecoins
El Salvador Takes Bitcoin Course to Cuba for the First Time
An initiative by Bitcoin enthusiasts in El Salvador will export their knowledge to Cuba, teaching students how to conduct transactions with the world's largest decentralized digital currency.
In El Salvador, the Mi Primer Bitcoin initiative has been helping the local population understand the fundamentals of digital currency. Since September 2021, Bitcoin has been an official currency alongside the US Dollar in the country.
As many people in the region rely on financial remittances from relatives living abroad, Bitcoin has proven to be the best way to receive assistance from family members. This is because, in addition to the low transaction fees, sending digital coins is secure and without intermediaries.
It's worth noting that both countries are located in Central America, a region that has seen pro-Bitcoin initiatives gaining momentum since El Salvador adopted the digital currency.
More than 300,000 Salvadorans have already learned about Bitcoin with the help of Mi Primer Bitcoin. The program has also contributed to the issuance of over 7,700 certificates for in-person Bitcoin courses.
Now, with the mission of helping the Cuban population use a currency free from government interference, the company intends to teach the fundamentals of Bitcoin. All students participate in the activities for free and attend weekly meetings.
Furthermore, at the end of the course, all participants will have access to their first Bitcoin wallet and will understand how to set up their own nodes.
Cuba is one of the countries under US embargo, which has made it challenging for the local population to engage in foreign trade. Additionally, Cuban companies struggle to expand their businesses and remain subject to the control of the island's socialist government.
Major financial remittance companies have already left the country due to the embargoes. However, since 2021, some companies in Cuba have started accepting Bitcoin as payment, a currency that operates without intermediaries.
Recognizing that Bitcoin cannot be controlled, the Cuban government has even acknowledged and regulated the use of the currency in the country, although a portion of the population conducts their transactions without supervision.
The opportunity to access a global currency and conduct transactions without interference from dictatorial governments continues to be one of the primary advantages of Bitcoin.