Bitcoin Transforms Lives of the Uunbanked in El Salvador

Bitcoin is breathing life into the hard-hit rural village of El Salvador where the unbanked individuals are paying in Bitcoin for essentials while dealing with the coronavirus struggles. The very reason Bitcoin was created was to overthrow the global monetary system’s monarchy and reach out to people who have no means to access it – the unbanked. The unbanked population is present in every corner of the world, be it the mighty superpowers like the United States and China or much less significant economies like El Salvador.

El Salvador embraces Bitcoin

The only difference is, while on the one hand, the US and China refuse to change their hostile perception toward Bitcoin, El Salvador, on the other hand, is all about embracing it. Here, the revolutionary Bitcoin Beach project that started last year is finally gaining momentum as people are turning to Bitcoin for purchasing their everyday essentials. Read More...

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