Mike Peterson

Mike Peterson, aka Mike X, is the visionary behind the Bitcoin Beach project in El Zonte, El Salvador, fostering a circular Bitcoin economy in the region. He shares his fascinating journey from a surf trip to moving permanently to help the local community. Mike discusses the initial skepticism around Bitcoin, the impact of community-driven initiatives, and how security and governance play crucial roles. He emphasizes key strategies for economic growth and the exciting transformation of El Salvador into a hub of Bitcoin innovation.

Mike Peterson from Bitcoin Beach El Zonte, El Salvador gives updates on life in El Salvador after the Bitcoin Law, including reduced crime rates and increased investment and tourism. They discuss the ease of moving to El Salvador, the $1M Citizenship Program, dealing with on-chain fees, and the choice between custodial and self-custodial options. They also touch on 'Circular Economies' and insights from networking around the world.

Mike Peterson, founder of Bitcoin Beach, shares his journey in promoting Bitcoin as legal tender in El Salvador. He discusses the startup challenges of Bitcoin Beach and the community's rapid adoption of cryptocurrency. Peterson highlights his encounters with central bankers during an international summit and their thoughts on Bitcoin's potential. He explores the transformative social projects underway, including Bitcoin-based housing initiatives and financial education, all aimed at empowering the local population and setting a precedent for global adoption.