Ep. 52: Mike Peterson - Building a Bitcoin Country

My guest today is Mike Peterson, the Director of “Bitcoin Beach”, a project creating a sustainable Bitcoin Economic ecosystem on the coast of El Salvador by bringing financial inclusion and opportunities to the most marginalized in the population.

In this conversation, Mike shares his journey of moving to El Salvador and his efforts to integrate Bitcoin into the local community. He discusses the challenges faced, particularly during the early days, and how these circumstances accelerated Bitcoin adoption. Mike highlights the shift in savings consciousness among the locals and the growing acceptance of Bitcoin beyond the small community of El Zonte. He also addresses the impact of tourism and the viral effect of Bitcoin initiatives in other regions. We touch on the IMF's stance on El Salvador's Bitcoin adoption and end with an invitation for others to visit and experience the transformation of El Salvador.

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