Bitcoin Communities are Exploding 💥
💡 Daily Reminder: Stay humble, stack sats
Bitcoiners,
In 2019, a small beach town in El Salvador adopted bitcoin as a means of payment. Two years later, El Salvador became the first nation to adopt bitcoin nationally as legal tender.
Now, the blueprint is set and small communities all over the world are popping up and adopting bitcoin as a means of payment.
Here is a list of emerging bitcoin communities so you can understand where grassroots adoption is taking place today and even consider visiting one of these locations to see it for yourself.
List of Communities
Bitcoin Lake - Lake Atitlan, Guatemala
Bitcoin Beach - El Zonte, El Salvador
Bitcoin Ekasi - Mossel Bay, South Africa
Bitcoin Jungle - Dominical, Costa Rica
Bitcoin Beach Brazil - Jericoacoara, Brazil
Lugano Plan B - Lugano, Switzerland
Bitcoin Island - Boracay, Philippines
Bitcoin Mountain - Beua, Cameroon
Here is a full list of community projects with links to each project so you can learn more.
What is a Bitcoin Community
The idea of a bitcoin community project is simple - create a circular economy where most businesses and individuals are transacting value with bitcoin peer-to-peer.
Grassroots projects are located in remote areas that are often in developing nations because they lack traditional banking services. To get the locals on board, education centers are propped up and educational resources are translated and distributed among the locals. Knowledgeable bitcoiners help locals download wallets and troubleshoot any issues on the ground.
Sometimes a donor kickstarts these projects as was the case in Bitcoin Beach in El Salvador.
Visit a Bitcoin Community
Bitcoiners are notoriously welcoming and helpful to those looking to visit one of these communities.
Consider reaching out to a project leader building a bitcoin community in a location interesting to you and begin planning your trip. Tourists create a positive feedback loop by spending their bitcoin to help the local economy grow. Both bitcoin and non-bitcoin businesses are more inclined to operate in these locations where tourism thrives.
Feel good about your next vacation knowing that you are helping increase bitcoin adoption!
Happy Sunday,
-Pod
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Eric Podwojski
Founder, Bitcoin EDU
Twitter:Â @epodrulz
Disclaimer: This should go without saying: This is not financial advice. This is not investment advice. I write this newsletter for education and entertainment. Act accordingly.