Constructing Bitcoin Communities: In El Salvador And Past

Advertisements

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 communities, one important lesson I’ve learned is that people won’t adopt something they don’t understand. Therefore, within the villages we work, we not only build schools, but we build communities — providing resources and education for locals, showing them how bitcoin can help and enrich their daily lives and how it could also be a means of finally attaining financial freedom .

Our recent project in El Salvador can speak to this. In late 2021, we had the opportunity to work alongside Bitcoin Magazine to raise funds for a community two-and-a-half hours outside San Salvador called Isla Tasajera. In this community of 1,500+ people, there is only one school, no banks, no hospitals and no supermarkets. Our mission was to transform the Tasajera Island community by repairing the local school, providing resources for financial education and access to clean water, technology and transportation through a Bitcoin boat. Through the power of Bitcoin and the generous Bitcoin Magazine community, we were able to accomplish this and lay the groundwork for a community that will continue to thrive long after our work is no longer needed.

Bitcoin Boat made possible with Built With Bitcoin and Bitcoin Magazine

But the success of any community extends far beyond just one project. The most significant metric of success is the relationship that we are able to create with those living in these communities. It’s about building a project that is sustainable and lasts for generations to come.

It was Isla Tasajera’s community leader, Don Walter, who told us they were willing and ready to work with Bitcoin. On the island, there are only two types of jobs: “tortuga” (turtle) farmers or fishermen. Walter shared that the tortuga farmers were eager to learn how they could use bitcoin to increase their earnings, help with remittance and increase the long-term value of the $300 they made each month during tortuga season, which lasts June through December. Knowing very little about Bitcoin, they were willing to put their trust in us to show them the way towards a better quality of life. That’s the most powerful thing about Bitcoin: it has the power to change lives for the better.

I look forward to the opportunity to share more of our stories working with communities all around the world on the Genesis Stage at this year’s Bitcoin 2022 Conference. Because all of us can do better. We can all listen, learn and understand more by doing this together. In my personal belief, this is what Satoshi Nakamoto wanted Bitcoin user interactions to be: person to person, human being to human being, community to community.

The Built With Bitcoin Foundation supports Bitcoin education and philanthropy in communities around the world that need financial freedom the most.

Built With Bitcoin Foundation helped repair the local school on Isla Tasajera

This is a guest post by Yusuf Nessary. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Bitcoin Enchancment Proposal 21 Eases Person Expertise When Paying Invoices Bitcoin

Bitcoin Enchancment Proposal 21 Eases Person Expertise When Paying Invoices

The below is a direct excerpt of Marty's Bent Issue #1181: "BIP21 is a...

By wpadminsonic164
There’s an Insatiable Urge to Burn Crypto — A Have a look at Why Tasks Burn Tokens and the Advantages Bitcoin

There’s an Insatiable Urge to Burn Crypto — A Have a look at Why Tasks Burn Tokens and the Advantages

In recent times, cryptocurrencies that burn tokens have been very popular and a number...

By wpadminsonic164
Bitcoin mining firm Luxor launches ASIC buying and selling desk Bitcoin

Bitcoin mining firm Luxor launches ASIC buying and selling desk

On January 11, 2022, Washington-based bitcoin mining company Luxor announced the launch of a...

By wpadminsonic164
Binance Invests $200 Million Into the Enterprise Journal and Digital Writer Forbes Bitcoin

Binance Invests $200 Million Into the Enterprise Journal and Digital Writer Forbes

Reports indicate that the world's largest cryptocurrency exchange by trade volume, Binance, has announced...

By wpadminsonic164
Mirror Buying and selling Worldwide Bitcoin Ponzi Scheme CEO arrested in Brazil Bitcoin

Mirror Buying and selling Worldwide Bitcoin Ponzi Scheme CEO arrested in Brazil

Johann Steynberg, the wanted CEO of Mirror Trading International, was recently arrested by Brazilian...

By wpadminsonic164
Tesla Hodls Bitcoin: Steadiness Sheet Reveals $1.26B in Digital Belongings Bitcoin

Tesla Hodls Bitcoin: Steadiness Sheet Reveals $1.26B in Digital Belongings

Elon Musk's electric car company, Tesla, is hodling bitcoin. The company's balance sheet shows...

By wpadminsonic164
Fuel DAO venture types for Airdrop tokens to Ethereum customers who’ve spent $ 1,559 in charges Bitcoin

Fuel DAO venture types for Airdrop tokens to Ethereum customers who’ve spent $ 1,559 in charges

A new type of airdrop was very popular in the final quarter of 2021...

By wpadminsonic164
How I outline Bitcoin generational wealth Bitcoin

How I outline Bitcoin generational wealth

Bitcoin Generational Wealth – The PreludeThis article was inspired by another bitcoiner, @chadlupkes, and...

By wpadminsonic164

Latest Posts

Second STATE Token Launch and Declare Occasion Announcement – Medium Polkadot

Second STATE Token Launch and Declare Occasion Announcement – Medium

ParaState is pleased to announce the release of our 2nd tranche of STATE tokens...

By wpadminsonic164
BTC Information – Heineken prevê aumento de preço Videos

BTC Information – Heineken prevê aumento de preço

Painel diário de notícias de negócios e empresas, comentadas e analisadas pela Business Training...

By wpadminsonic164
Bitcoin Enchancment Proposal 21 Eases Person Expertise When Paying Invoices Bitcoin

Bitcoin Enchancment Proposal 21 Eases Person Expertise When Paying Invoices

The below is a direct excerpt of Marty's Bent Issue #1181: "BIP21 is a...

By wpadminsonic164
Instructions to Research Stablecoins | USDC, USDT, BUSD, PAXOS – Cardano Feed Cardano

Instructions to Research Stablecoins | USDC, USDT, BUSD, PAXOS – Cardano Feed

by Robin Smith May 24, 2022 DeFi videos In the part 1 of 2...

By wpadminsonic164
Kaspars Koskins, CEO of ADALend: “We’re constructing a safe lending platform on Cardano” |  Bitcoinist.com – bitcoinist.com Cardano

Kaspars Koskins, CEO of ADALend: “We’re constructing a safe lending platform on Cardano” | Bitcoinist.com – bitcoinist.com

Launch of the interview series from ADALend CEO Kaspars Koskins, one of the most...

By wpadminsonic164
Bitcoin plunges, and might there be another challenger on the way? Videos

Bitcoin plunges, and might there be another challenger on the way?

Brian Kelly on bitcoin's fall and Powell's comments on digital dollars. With CNBC's Melissa...

By wpadminsonic164
There’s an Insatiable Urge to Burn Crypto — A Have a look at Why Tasks Burn Tokens and the Advantages Bitcoin

There’s an Insatiable Urge to Burn Crypto — A Have a look at Why Tasks Burn Tokens and the Advantages

In recent times, cryptocurrencies that burn tokens have been very popular and a number...

By wpadminsonic164
Horizon provides Binance connectivity to its crypto buying and selling platform – FinanceFeeds Binance

Horizon provides Binance connectivity to its crypto buying and selling platform – FinanceFeeds

“We're already connected to main cryptocurrency exchanges and offering full scope of Principal Trading...

By wpadminsonic164