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Information From El Salvador, Late November: Put up Bitcoin Week Report

Time to verify again with El Salvador. Throughout Bitcoin Week, it was so hectic down there that we didn’t know the place to begin. Everyone within the Bitcoin house visited San Salvador and El Zonte. The spotlight was that President Bukele introduced the undertaking to build Bitcoin City and to problem $1B Bitcoin bonds to finance it, however Bitcoinist already lined that. What else occurred? Every thing. We couldn’t even start to cowl all of it. So, we’re going to characteristic quite a lot of fascinating tales with quite a lot of fascinating individuals and name it a day.

Associated Studying | ETH’s Vitalik Buterin Blasts El Salvador’s Bitcoin Law. Is He On To Something?

These are usually not the same old protagonist of the “Information From El Salvador” part, so brace your self for brand new blood.

Volcano Mining And Blockstream’s Satellite tv for pc

  • The mine powered by a volcano simply bought an improve. To kick off the week, they related it to Blockstream’s satellite tv for pc to ensure 100% uptime. Within the video information report, we see Samson Mow, Blockstream CSO, with President Bukele’s brother on the website.
  • Nonetheless on the politician stage, right here now we have a promotional video by Milena Mayorga, Ambassador of El Salvador to america. In it, we will see how full of life LABITCONF was, and Mayorga kicking off the occasion.

The Conferences And The Events

  • When you’re curious about LABITCOINF’s talks, Bitcoin Journal livestreamed all of them with an English-speaking interpreter as well. Right here’s Day One. Day Two is right here. And Day Three. Now, if you wish to really feel the occasion’s vibe, verify this brief video out.

Additionally, the after-party:

BTC worth chart for 11/27/2021 on FX | Supply: BTC/USD on

Influencers Throughout Bitcoin Week

  • Let’s play The way it Began/ The way it’s Going, starring Bitcoin Fast Fireplace’s Jhon Valis. It began with a conservative “Bullishness on El Salvador growing quickly,” and a listing of optimistic traits:

After the occasions, Valis was contemplating immigration. “May transfer to El Salvador for the only real cause that for two weeks it was so refreshing to be surrounded by hope and optimistic visions for the longer term.”

  • Now, let’s play the identical recreation with LOReBitcoin. She’s a Mexican podcaster that runs the Bitcoin Embassy Bar in Mexico Metropolis. Right here, we see her arriving and interacting with the Chivo ecosystem for the primary time. “My expertise right here has been unbelievable, thanks for every part expensive Salvadorans. We’re going to give every part to Bitcoin week,” she says. 

After the occasion, LOReBitcoin says: “For me, the most effective of LABITCONF  have been all donations made to humanitarian causes. From donating La Bitcoineta to Bitcoin Seaside, to the artwork public sale to boost funds for a hospital, to the gathering for the training of Builtwithbtc, simply superb”

  • Since 2018, La Bitcoineta toured Latin America spreading the Bitcoin gospel. After the occasions, the van is Bitcoin Seaside’s official automobile:

There’s Life After Bitcoin Week

  • The celebration may be over, however Bitcoin retains working 24/7. After every week of occasions, 4 of essentially the most well-known Bitcoin-only audio system within the house joined forces for this meetup:

And right here’s an image of the occasion by Darvin Otero, who Bitcoinist already featured in a “From The Ground” report. The panelists are exhibiting the mempool, an important software.

Associated Studying | From The Ground: The “Bitcoin In El Salvador” Documentary, What Did We Learn?

The darkish shadow looming over the occasion was the Chivo Ecosystem. There have been numerous studies of the Chivo Pockets malfunctioning, receiving individuals’s sats however not processing the transactions. There have been additionally studies of the Chivo ATMs doing the identical and never giving individuals money. We’ll cowl that matter on the following “From The Floor” report, coming quickly to a Bitcoinist close to you.


Featured Picture: Screenshot from this Milena Mayorga tweet | Charts by TradingView

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