Just one day after the President of El Salvador officially legalized Bitcoin payments, I decided to go straight to El Zonte, otherwise known as the "Bitcoin Beach"!!
That's because in this small and beautiful fishing Village, people have been experimenting with bitcoin payments for 2 years now!!
Playa El Zonte is literally the first place in the world where people have ever used bitcoin for their daily shopping!!
I can't wait to buy something with bitcoin, to see how the whole process goes and most importantly, I'm curious to see what these locals have to say about it.I'm sure I will find different views and perspectives!!
On the one hand, this is something extremely unique in the modern economy and yes it is very exciting. On the other hand, no one really knows how much positive or negative impact it will have on the people of a country that at the end of the day all they care about is to support their family and maintain a normal standard of living!!Same as all of us!!
Only the future and history will really show us the results of such an innovation.
* Small SPOILER: While I was recording my video, by a crazy coincidence, the government's media were in the same place filming their own video and after they saw me, they kindly asked me if I wanted to answer a few questions about Bitcoin and El Salvador.I felt a bit stressed but I said yes and I left some parts of my interview in this video too!! I say this only to clarify that I have nothing to do with the government of El Salvador and this video there is no positive or negative deliberate propaganda for the Legalization of Bitcoin!
I record what I see, and what I hear from the people I'm engaging with. Sometimes I even share my personal thoughts that might be you can surely agree with or even disagree!! There is no problem at all, and I'm actually very curious to know,
What's your opinion on what is Happening in El Salvador? Would it benefit the people or no?
THANKS A LOT FOR WATCHING MY VIDEOS!!
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