Building Bitcoin Communities: In El Salvador And Beyond
The Built With Bitcoin Foundation supports Bitcoin education and philanthropy in communities around the world that need financial freedom the most.I’ve dedicated the last decade of my life to philanthropy. But since launching the Built With Bitcoin Foundation with my co-founder, Ray Youssef, I’ve had the opportunity to learn more about what Bitcoin can do for the people who need it most. I can only speak based on my experiences and from the conversations I’ve had with the communities I’ve served, but I’ve seen first-hand how Bitcoin can be a catalyst toward freedom.In building Bitcoin....
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A key to gaining adoption in local communities is having on the ground educational resources available to business owners and customers.
The crypto exchange Bitfinex announced on Thursday that the trading platform plans to donate 36 bitcoin and $600K worth of tether tokens to help bolster communities and small businesses located in El Salvador. According to Bitfinex, the funds will initially target small businesses in Salvadoran communities located in Apopa, Ilopango, and Soyapango.
Donated Funds to Target Small Businesses in the Communities of Ilopango, Soyapango, and Apopa
The digital currency exchange Bitfinex has detailed that the company is donating 36 bitcoin (BTC) worth just over $734K using current BTC....
The team behind the BitcoinDay event discusses its mission to bring Bitcoin to more small communities across the country.
The El Salvador official noted that the government is looking to attract more investments to its Bitcoin City with special incentives for businesses investing early. El Salvador, the first nation to make Bitcoin (BTC) a legal tender in September last year, is currently focused on building a Bitcoin City. There have been several delays and disruptions in the plans since its announcement last year owing to the bear market-led investment drought and geo-political tensions.Cointelegraph reporter Joseph Hall got in touch with Héctor Enrique Celarié Landaverde, the deputy ambassador of El....
Recent research shows that decentralized exchanges that distribute tokens via airdrops see a big boost in user numbers and transactions. But, is building communities this way just cryptos version of printing money?Airdrops the disbursal of free tokens to early users as a way of rewarding and building momentum have been around for years but came to prominence thanks to Uniswaps retroactive largesse in 2020. Nearly anyone whod used the exchange before a certain date was gifted 400 UNI tokens and those who held their tokens saw a substantial increase.But, as the market became more mature and....