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Bitcoin Beach Town in El Salvador Bustles With Growth After BTC Becomes Legal Tender

Bitcoin.com

Bitcoin News / Bitcoin.com 336 Views

Ever since El Salvador passed a bill that was approved by a supermajority in the Salvadoran Congress legalizing bitcoin as legal tender in the nation, the country has remained in the spotlight. Furthermore, there’s an area in El Salvador called “Bitcoin Beach” with a small group of beach villagers that are attempting to leverage bitcoin on a daily basis. The Bitcoin Beach resident’s official Twitter account has amassed more than 27,000 followers since its introduction in 2019. The account grew massively following El Salvador’s president, Nayib Bukele officially announcing the legal tender plans. The Twitter account shows all the action that’s been taking place in Playa El Zonte since then.

“Bitcoin Beach team working late to produce educational material for 6 million future Bitcoiners,” the Twitter account tweeted on Wednesday sharing a number of pictures of the progress. According to the residents of the village, a great number of entrepreneurs are showing up to the beach to visit or help the bitcoin economy flourish. The residents of Bitcoin Beach have shared a myriad of photographs covering the work that’s been done so far in the area. “Desks have all filled up at Hope House Bitcoin Beach shared workspace with bitcoin companies streaming into El Salvador – So of course we are building more space,” the group stressed the other day.

“Crazy Days here at Bitcoin Beach We are thrilled and humbled by the number of companies and governmental agencies that are putting everything into plans to support the rollout of Bitcoin as an official currency of El Salvador,” the Bitcoin Beach group further said.

submitted by /u/Benjamin223private
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