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60 Minutes, the CBS information present that has been working since 1968, will function El Salvador’s Bitcoin Seashore in a brand new episode airing April 10.In line with a Friday put up from 60 Minutes’ Twitter account, the investigative information present will air a section on the crypto-friendly space of El Zonte, a village situated in El Salvador, the place residents and guests have been ready to make use of Bitcoin (BTC) to pay for something from utility payments to tacos. Sharyn Alfonsi, a journalist and correspondent for the present, interviewed Mike Peterson, one of many individuals who funded the undertaking and inspired crypto adoption amongst residents. How did a city in El Salvador change into often known as Bitcoin Seashore? Sunday, Sharyn Alfonsi meets with Mike Peterson who helped make it occur. pic.twitter.com/tHaHsTKFx1— 60 Minutes (@60Minutes) April 8, 2022
The Bitcoin Seashore undertaking preceded the adoption of BTC as authorized tender in El Salvador, first introduced by President Nayib Buekele throughout the Bitcoin 2021 convention and later enacted in September 2021. Since that point, the president has gone on to make a number of BTC buys totaling 1,801 BTC as of January — roughly $77 million on the time of publication.Bitcoin Seashore. Photograph by Jack Farren.A survey from the Salvadoran Chamber of Commerce launched in March confirmed that solely 14% of respondents mentioned that they had transacted in BTC since El Salvador’s Bitcoin Regulation went into impact, with greater than 90% of firms suggesting that Bitcoin adoption had little affect on gross sales. The nation is shifting ahead with the creation of Bitcoin Metropolis, a undertaking funded by BTC bonds and powered partially by geothermal power from volcanoes. Associated: Round El Salvador in 45 days: A Bitcoin-only journey storyThe 60 Minutes present is not going to be restricted to reviews on cryptocurrency, and embody an unique interview with Ukraine President Volodymyr Zelenskyy on the bottom within the war-torn nation. The Ukrainian authorities continues to just accept donations in crypto and fiat for humanitarian help in addition to funding for the nation’s army to combat Russian forces.
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