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Ratio'd | True North goes to the town entirely run on Bitcoin - Bitcoin Beach, El Salvador

Summary by True North News
Harrison Faulkner explores El Zonte, El Salvador, also known as Bitcoin Beach, the first town in the world to have a fully circular Bitcoin economy. Three years ago, El Zonte was run by dangerous gangs and over 90% of the town was too poor to have a bank account. Today, through local Bitcoin investments, this town is a tourist hotspot where locals are being paid in Bitcoin. There is probably no other place on earth that is like this right now. W…

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True North News broke the news in on Tuesday, November 26, 2024.
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