‘Bitcoin hasn’t had the widespread adoption we hoped for’ — Nayib Bukele
The El Salvador President seemed to embrace the ”authoritarian” label while admitting the country had not seen as many benefits from Bitcoin as he anticipated. Go to Source
Central America
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El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others
The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000. Go to Source
President of Panama shoots down crypto bill citing FATF guidelines
Although the President has previously called the laws innovative, his concern regarding anti-money laundering measures has put the bill back up for debate with the government. Go to Source Powered by WPeMatico
Salvadoran Ecologist Claims Nayib Bukele’s Volcano-Powered Bitcoin Mine Will ‘End in Environmental Disaster’
El Salvador’s leading ecologist Ricardo Navarro believes that mining bitcoin with a volcano, or geothermal energy, will “end in environmental disaster.” Navarro believes geothermal energy costs more than oil, and thinks El Salvador’s millennial president Nayib Bukele’s decision is questionable. Salvadoran ecologist Ricardo Navarro Questions His Country’s Volcano-Powered Bitcoin City Venture During the second week … Read more
Salvadoran President Shares Video of Volcano-Powered Bitcoin Mining Facility
On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the volcano-powered bitcoin mining on June 9 when he talked about the “95MW of 100% clean, 0 emissions geothermal energy from our volcanos.” El Salvador’s Nayib Bukele Shares a Video of the ‘First Steps’ Behind … Read more
Honduras gets its first Bitcoin ATM
The “la bitcoinera” machine allows crypto enthusiasts to purchase BTC and ETH using the local fiat currency provided they are willing to scan their IDs and disclose certain personal information. Go to Source Powered by WPeMatico
El Salvador’s Bitcoin adoption may transform remittance in Central America
Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender. Go to Source Powered by WPeMatico
PR: Horizon Communications, an ICO Building Telecommunication Infrastructure, Is Now Live
Horizon Communications is a ISP startup based in Bermuda. The company plans to deploy a wireless state-of-the-art internet solution in the Caribbean, South and Central America, with an ambitious plan to deploy their services worldwide. Their aim is to provide high speed internet and cell phone services to replace obsolete equipment and technology that is … Read more
