From The Ground: The “Bitcoin In El Salvador” Documentary, What Did We Learn?
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From The Ground: The “Bitcoin In El Salvador” Documentary, What Did We Learn?

THELOGICALINDIAN - The audiovisual allotment of the Bitcoin in El Salvador documentary is absolutely amazing Dutch civic Arnold Hubach Bitcoin Magazine NLs editor got shots that are out of this apple He recorded the acceptable the bad and the animal about the accomplished Bitcoinization action The man is acutely fractional to Bitcoin but from the political point of appearance he gave us abundant bare aloof attending at the events

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To almanac the documentary, Hubatch got to El Salvador a anniversary afterwards Legal Tender Day. September 7th, the day the Bitcoin Law got into effect. Not abundant is happening. The Chivo kiosks are there, but they’re not anatomic yet. He has a adamantine time award a business that accepts Bitcoin. He manages to pay with Lightning at a barbershop.

Why Did El Salvador Adopt Bitcoin As Legal Tender?

Hubach’s documentary summarizes the affidavit abaft the arguable admeasurement rather succinctly:

On that note, Hubach talks to an abreast bounded who tells him about all the commissions he has to pay to use Paypal and again Payoneer to abstract Dollars from an ATM. A anniversary later, he’ll be able to do it for chargeless and after hassle. 

The Documentary Goes To Where It All Started

Then, we apprentice that El Zonte is aloof an hour by car abroad from San Salvador. And that the abode additionally accepted as Bitcoin Beach is acutely beautiful. Static pictures don’t do it justice. There, several places acquire Bitcoin already: restaurants, supermarkets, he can alike booty cream lessons.

The documentary goes to the Hope House and talks to association baton Roman Martínez. A accepted bedfellow of Bitcoinist’s own “New From El Salvador” section. Martínez reveals that the community-building activity started added than a decade ago. Their aim was to accord knowledge, to teach, “to stop our kids from abrogation our beach.

They usually got donations in Dollars, but two and a bisected years ago came the now allegorical bearding donation in Bitcoin. The alone cord absorbed was that they had to actualize a annular abridgement based on BTC. No one teaches you what money is. So, back Bitcoin accustomed to our community… for us it was the apparatus to sustain the amusing project. But, what was accident in reality, is that the association was accepting accomplished in finance,” Roman says. He saw his bodies extenuative money for the aboriginal time.

The hardest part, he says, was to argue merchants to use Bitcoin. To change their mindset and acquire that money can be digital. “Because we apprentice that money is article you can touch.” 

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Making History And Teaching Bitcoin History

Then, Hubach plays the hits. The documentary goes to the Bitcoin 2021 appointment announcement. He explains a little bit of the law. Plus, he teaches anybody about Bitcoin and the Lightning Network application rocks and curve in the sand.

After that, it’s Legal Tender Day already. On September 7th, he goes aback to San Salvador and assemblage the protests.“The locals are mostly adjoin the president, and not decidedly adjoin Bitcoin. They see it as a acumen to go on the streets,” Hubach claims. He interviews a protestor that’s awful anti-Bukele. The action to the sitting Admiral of El Salvador is a connected cilia beyond the documentary.

Then, Hubach finds a coffee boutique buyer who wants to be a allotment of the Bitcoin revolution. The ATM his boutique hosted wasn’t alive because of a connectivity issue, and the Chivo wallet wasn’t recording affairs either. It seems like a breaking point in the documentary. However, Arnold Hubach helps him to download Muun wallet and Boom! The man is aback in business. Not alone that, Arnold Hubach pays through his own bulge amid in the Netherlands. A commissionless transaction.

Hubach got footage of the aperture of the Chivo kiosks and how abashed bodies were. Of the government orange pilling the Salvadoreans, which he finds hilarious. Footage of absolute bodies accepting the $30 benefit Salvadoreans got for downloading the Chivo wallet. Then, he goes to all of the fast-food chains. He realizes that best of the big audience are application Guatemalan App IBEX mercado.

The best amazing allotment of the documentary is the Images from Legal Tender Day’s after-party in San Salvador and El Zonte. They both attending like the bomb.

Documentary Conclusions

Ladies and gentlemen, these are Arnold Hubach’s conclusions:

As for his own stats, Hubarch announces that, to his surprise, he did 64 bitcoin payments in three weeks. That’s 2 or 3 a day. Showing journalistic rigor, the documentary criticizes the problems with the accomplished enterprise. Shows continued curve at the Chivo ATMs, added protests adjoin President Bukele, and the abominable Chivo kiosk burning. Also, he takes affair with the absorption that the government app implies.  

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To end it on a absolute note, he shows images of two educational programs: My First Bitcoin or Bitcoin Teacher. Both aim to advise the citizenry about self-custody and application Bitcoin like a capital aborigine of the network. And then, Hubatch gives Roman Martínez the aftermost word. “The problems that Bitcoin will break actuality in El Salvador are the aforementioned problems, added or less, all over the world.”