The little project that upended the world’s monetary system - Bitcoin Beach Podcast -
El Salvador
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Mainstream financial media loves predicting disaster for El Salvador, but the reality on the ground tells a completely different story.
In this episode, @ChrisMeinhart drops by to share his incredible story of building a sovereign lifestyle in El Salvador.
We dig into his personal blueprint for geographic arbitrage, including how he and his wife bought land and built a self-sufficient mountain homestead in Juayúa in just three months... you don't wanna miss this part!
Chris also breaks down his work alongside the National Bitcoin Office and the Ministry of Education to deploy the Bitcoin Diploma 2.0 curriculum across regional public schools, teaching students to master low time preference and mindset before they ever touch the technology.
If you're looking for a realistic, anti-fragile lifestyle blueprint and a legitimate exit from a crumbling fiat system, this is the conversation!
Watch the full episode at the link below 👇
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Yes #ElSalvador is horrible place to live. Who would want to have to deal with this everyday?
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Central bankers lining up to get help downloading and using Bitcoin Beach Lightning wallet
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If you just randomly showed up in #ElSalvador this week you would definitely think there was a huge #Bitcoin conference going on. Non-stop flow through the airport of company leaders looking to support this moment and bring jobs to El Salvador
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#ElSalvador’s tourism increased 103% last year and they are forecasting a 45% increase in 2022. #Bitcoin fixed this
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30 foreign business leaders coming to visit Bitcoin Beach tomorrow -to see how they can invest in El Salvador. Just this morning had 2 companies tell us they already have lawyers setting up their legal business entities. @nayibbukele has opened the jobs floodgates #Bitcoin
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Canadians waking up to the fact that they don’t really own their funds in their bank accounts
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Yes the reports of protests against #Bitcoin in #ElSalvador were real. I believe 100 news reports and 10 actual protesters
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The new 60/40 portfolio. 60% #BTC 40% used cars
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Central bankers from Angola, Armenia, Bangladesh, Brundi, Congo, Costa Rica, Egypt, Gambia, Ghana, India, Nambia, Senegal, Sundan, Uganda, Zambia and 25 other developing countries are getting on planes today to fly to #ElSalvador - Don't worry @IMFNews - it is probably nothing
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Thankful that gas prices just keep going down. Only 100K Sats to fill up the tank today. It was 150K Sats a month ago and 400K Sats a year ago. Life just keeps getting cheaper.
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The new wave of tourists coming to #ElSalvador from around the world no longer need to worry about expensive currency exchange. Even if the want to use cash as they travel instead of #BTC, they can now easily withdraw using their #Bitcoin wallet for much cheaper than bank ATMs
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Whether you are pro-Vax or Anti-Vax you should celebrate #ElSalvador’s approach. 70% vaccination rate -yet completely voluntary. If you don’t want it you don’t get it. It is your personal choice & frankly nobody cares what your status is.
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So what you are saying is that an impoverished group of people will save 400 million in bank fees- El Salvador bitcoin move could cost Western Union $400 million a year- cnbc.com/2021/09/09/el-salva…
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Is this the illicit activity @ewarren has warned us about? I bet she is buying non-approved eggs or some other illicit contraband
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Prediction- Chivo becomes the internationally prefered slang word for "cool" and everybody in the world will be able to point out El Salvador on a map
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Significantly less drug $ flows through the entire country of El Salvador than Washington DC. It is not on the major drug transit route nor is it a significant local market. Now that they are adopting #Bitcoin the uninformed press is labeling them a Narco-State. Embarrassing
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El Salvador Removes All Travel Restrictions and Entry Requirements - Travel Off Path traveloffpath.com/el-salvado…
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#ElSalvador is experiencing a wave of tourists that a year ago wouldn’t have dreamed of visiting (and couldn’t find it on a map). They came because of #Bitcoin. They will come back with their friends 4 the beautiful beaches, great food & most importantly the friendly people!
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Nothing better for a kid than riding in the back of a pickup. Still legal in the country that adopted Freedom Money #Bitcoin #ElSalvador
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People are underestimating the impact of having multinational businesses like Starbucks and McDonalds experience electronic commerce with significantly lower fees and instant settlement. This quickly moves beyond #ElSalvador’s borders
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Surely @prensagrafica will publish how much #ElSalvador’s Bitcoin investment has netted the nation. I mean why would they only make announcements when #BTC is down? Journalism should be about reporting news- not advancing a political agenda. #BTC is not political- it is freedom
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To counter the disinformation of our US officials telling us that a healthy lifestyle doesn’t help when it comes to COVID I thought it was important to repost.
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Everywhere in Latin America I go when I mention #ElSalvador when Uber drivers ask where I live they say ah @nayibbukele - I think he would win election in any country in Latin America if he was on ballot - 5 years ago everyone looked down on El Salvador- not anymore
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From what we are seeing the September 7th rollout and implementation of the new law has gone much smoother than we anticipated. Pretty remarkable really, considering the crazy fast timeline. Chivo wallet has been more or less functional and lots of #Bitcoin commerce happening!
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First they complained nobody would use it because of hi fees and poor wallet design -now they complain that fees are too low and it is too easy to trade between dollars and Bitcoin for free. Next they will say it is unfair because fiat countries will be left behind
Bitcoin is legal tender in El Salvador. Uber drivers and waiters are day-trading crypto, and you can even use it to buy your McMuffin trib.al/nrz2y5z
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Crazy Days here at #Bitcoin Beach We are thrilled and humbled by the number of companies and governmental agencies that are putting everything into plans to support the rollout of Bitcoin as an official currency of #ElSalvador
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But the press is worried about the government in #ElSalvador ?
🚨Brutal police ATTACK on a minor caught on camera
Expect more of this now that the Pandemic Bill has passed.
FULL VIDEO: rebelne.ws/3rEsnsf
RT for the world to see what's happening in Melbourne in the name of health.
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The Tech bros and shadowy super-coders @SenWarren warned us about.
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You will not find empty shelves in #ElSalvador. 2022 First World becomes a pejorative term. #Bitcoin
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If the US Government really cares about El Salvador & wants to stop ilegal immigration the right way, they will embrace @nayibbukele in this pro-growth, pro-jobs, pro-freedom, & most importantly pro Salvadoran move to adopt #Bitcoin as an official currency. Time will tell.
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The first country #ElSalvador in the world to adopt #Bitcoin as their official currency, embraced #BTC so that people could pay for their coffee with it. They did not buy #BTC just to stash it in their central bank. We hope the ramifications of this are not lost on everyone.
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Prediction- within 5 years #ElSalvador will be exporting financial services instead of its’ people. Fathers and mothers will no longer need leave their kids to head north to feed their families. Gangs will be a thing of the past as young people flock to university & good jobs
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President of #ElSalvador that has embraced #Bitcoin meeting with the president of Turkey that needs #BTC more than anyone. Might get interesting
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People are wildly underestimating how much faster the economy of #ElSalvador will grow because of #BTC adoption. They have changed the narrative about the country virtually overnight and are seeing surging tourism, real estate development and tech/finance companies starting up.
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Trigger warning ;) #ElZonte ElSalvador is a kid’s paradise. This generation is going to change the world
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Unpopular opinion- 10 years from now this will be the world’s most valuable passport. Question is how many Volcano Bonds to get your hand on this valuable 2nd passport? Hopefully details will be out soon
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You know how many people have promised @nayibbukele Hundreds of millions of dollars to launch Bukele Coin- Thankfully he puts his people first.
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Wondering if @prensagrafica will give an update on the state of #ElSalvador’s Bitcoin holdings tomorrow- Or is it only newsworthy on down days?
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Hey community let’s remember #ElSalvador passed the Ley #Bitcoin not Ley Blockchain- All efforts should go into supporting that and bringing Bitcoin jobs into #ElSalvador. Let’s make sure nobody muddies the waters with their own agenda. #Bitcoin Beach
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My wife just spoke to a good friend of ours who is from Mexico. He told her #ElSalvador is seen as the place to be and that Mexican’s love @nayibbukele and fact that he adopted #Bitcoin When Mexican’s are jealous of Central Americans you know something big is happening.
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To put this in context- 1 Billion is more than 3% of #ElSalvador’s GDP- keep in mind this is just one of many new projects coming to Bitcoin Country. Don’t be too late in making your move
El Salvador keeps winning 🇸🇻🏆
Today we begin deploying the first $250 million of a $1 billion investment commitment into bitcoin mining
The goal is economic liberty, self determination & sovereign wealth accumulation for generations to come
More: volcano-energy.tiiny.co
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We had a dream that El Salvador would be first country to make Bitcoin an official currency-it has happened!
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Who will be the #Bitcoin whale that steps up and sends another 200BTC to #ElSalvador’s holdings to reward their foresight in embracing freedom money. @nayibbukele @michael_saylor @jack @Seetee_io @Bitso
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The Super Bowl adds completely missed what #Bitcoin is about. Freedom, Sovereignty and Financial Inclusion. They should have shown what is happening in #ElSalvador to reflect what this revolution is really about. You guys need to do better.
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Since Bitcoin, Tourism Is Up By 30% In El Salvador. How Did The Media React? | Bitcoinist.com bitcoinist.com/since-bitcoin…
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Just came across this picture from 9 years ago when we moved to #ElSalvador - we had no idea what was in store
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.@60Minutes coming next week to do a feature on #Bitcoin Beach and the adoption of #BTC by #ElSalvador - Probably Nothing
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The government of #ElSalvador should begin reporting inflation numbers in both USD term and #Bitcoin terms side by side. Would be a wake-up call to the world
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Bitcoin is not just for buying coffee anymore-My wife just bought my daughter an outfit for a school event @ZARA using Lightning
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For anyone having any doubts about the direction of El Salvador…watch this! Make sure you watch till the very end
International meeting with business leaders at the Presidential House nitter.app/i/broadcasts/1gqxvjLRB…
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#Bitcoin is a hedge against Senators with shady claims of Cherokee ancestry
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It is happening. Bitcoin Beach project will be featured on @60Minutes this Sunday April 10th
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No Covid test or Vax requirements- Freedom Money #Bitcoin -air temp high 80’s water temp low 80’s- #Pupusas - #ElSalvador How is it where you are?
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Sorry I missed it @PeterSchiff Is #ElSalvador airdropping $30 in Gold on every adult? Well of course not. because that would be super impracticable and definitely not #Chivo
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Davos for Bitcoin hosted by El Salvador's president kicks off with more than 40 countries attending | Fortune fortune.com/2022/05/16/el-sa…
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Bitcoiners looking for governments to pump their bags🤦♂️. What happened to separating money from state?
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Prediction- #ElSalvador’s forward looking adoption of #Bitcoin will drive down remittance fees WORLDWIDE allowing hundreds of millions of the world’s poorest to have billions of dollars go to pressing needs like food and medicine than the coffers of the financial companies.
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The first wave park in Central America should of course be called #Bitcoin Beach and be located in the up-and-coming powerhouse of the region #ElSalvador- Stay Tuned. No need for wetsuits just #BTC
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Fun to have so many haters now. - Makes us feel more important than we actually are. How sad to you have to be to be mad at a project that has had such a beneficial impact on a community?
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#ElSalvador has a huge English/Spanish back office support and call center industry. You combine this with a population that will be using #BTC on a daily basis and actually understand the needs and problems of #Bitcoin companies. @nayibbukele sees the potential for good jobs
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Hey @PeterMcCormack you played such a huge role. You were the first Bitcoiner to believe in us and help put #ElSalvador on the map in the #Bitcoin world. You need to come back for a 4th visit to El Salvador and do a podcast with the president @nayibbukele - Love u brother
Can we all give a massive thanks and biggup to Michael Peterson and @Bitcoinbeach, who planted the seed in El Salvador years ago.
From his seed financial freedom has come to the people of El Salvador.
🇸🇻🇸🇻🇸🇻✌🏼
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El Salvador angrily rejects IMF call to drop Bitcoin use - ABC News abcnews.go.com/International…
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4 years ago I was laughed at when predicted that #BTC adoption by #ElSalvador would transform the country’s reputation and turn it into a tourism and investment hot spot. Tell me again #Bitcoin isn’t working here 🤦♂️ forbes.com/sites/digital-ass…
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Saying #ElSalvador should use xyz coin because it does xyz thing better is like telling people the Venezuelan Bolivar is better than the US dollar because it is prettier. #Bitcoin won the money battle years ago. Making a “prettier” token will not change that.
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My real question in this El Salvador IMF deal is why @tether didn’t come in and offer El Salvador a loan without the IMF strings attached. 13 Billion in profits in 2024! What better way to support Bitcoin with all those fiat profits? 🤷♂️
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When people ask me if Salvadoran’s have the risk tolerance for #Bitcoin. They know how to “Hold on for dear life” better than any of you
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First #Bitcoin affordable housing project with mortgages paid in Lightning are getting some color this week. First homes of hundreds to come with @NewStoryCharity
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This El Salvador Village Adopts Bitcoin As Money- Grateful for the early believers in what was happening in #ElSalvador who helped get the world out and make this real @tatianakoffman forbes.com/sites/tatianakoff…
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Hopefully price remains low till they get the Volcano #Bitcoin Bonds out the door. Could be best returning bond yields in world’s history
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I was hoping we would get a break from media coverage around what is happening in El Salvador. No luck, just gets crazier everyday. #Bitcoin is going mainstream and absolutely nobody is prepared for what that will look like. 2022 is going to be insane!
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The @IMFNews has stated that #ElSalvadors embrace of #Bitcoin as legal tender entails threats…. To the IMF
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