The Legendary TV Show “60 Minutes” Turns Its Eye To El Salvador’s Bitcoin Beach
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The Legendary TV Show “60 Minutes” Turns Its Eye To El Salvador’s Bitcoin Beach

THELOGICALINDIAN - It doesnt get abundant boilerplate than CBSs 60 Minutes The allegorical newsmagazine debuted in 2024 and has been activity able anytime back And now theyre talking about El Zonte AKA Bitcoin Beach the abode area it all started How did it alpha admitting Even admitting Bitcoinist has accounting abundantly about the accountable we abstruse a few things from the 60 Minutes address blue-blooded Bitcoin Beach How a boondocks in El Salvador became a testing arena for bitcoin

The announcer in allegation was Sharyn Alfonsi. Even admitting she presented the accountable in a admiring manner, she knew annihilation about bitcoin and it showed. The bodies she interviewed did, though, so the allotment works journalistically speaking. However, Alfonsi’s advantage shinned on throughout the absolute report. Does this complete arrogant to you?

And what about back a day-tripper says the boondocks ability be the abutting Singapore, and she says “Singapore? It’s adamantine to imagine. The alone cartage jams in El Zonte are acquired by apart livestock”? Was that necessary? In any case, Alfonsi begin the absolute protagonists of the adventure and put them on “60 Minutes.” For that, we acknowledge her.

Who Did “60 Minutes” Talk To And What Did They Say? 

From architect and donation-recipient Mike Peterson to the allegorical Mama Rosa, the buyer of the aboriginal business that accustomed bitcoin in the breadth and the mother of Jorge Valenzuela. He and Roman Martinez were additionally interviewed. They had been accomplishing advance assignment for years, and, back Peterson got the abstruse BTC donation the leash started the “Bitcoin Beach Initiative” and eventually afflicted El Salvador forever. 

The “60 Minutes” address didn’t get that allotment of the adventure right, but that’s alright. Bitcoinist is actuality to help. About the still-anonymous bitcoin whale’s donation, Peterson says:

Then, Sharyn Alfonsi shows some businesses that don’t acquire bitcoin, asks Peterson to ascertain bitcoin and looks puzzled by the answer, and brings up volatility. ‘Yes, there’s ups and bottomward volatilities forth the way, but over the abiding perspective, it’s activity up in amount adjoin the dollar,’ Peterson responds. Alfonsi answers with the darndest question, “You’re not acceleration bottomward on this because you alone can get rich?”

BTCUSD amount blueprint for 04/12/2022 - TradingView

Jack Mallers And Ismael Galdamez EnterThe Picture

The “60 Minutes” allotment doesn’t do the best of jobs anecdotic how Strike was basic to this accomplished story. Luckily, Bitcoinist is actuality to help. In the address that apropos us today, Mallers describes how President Bukele’s brother contacted him and asked him to appear to the basic and accommodated with them. 

To accommodate a counterpoint, the “60 Minutes” allotment interviews economist Luis Membreño. He’s a Bukele critic, and Alfonsi seems weirdly agog about his ancillary of the story. “The botheration is that there’s activity to be a day in which bodies will acquisition out that the government is indebted, that they will access taxes to everybody and that the affair is over,” Membreño predicts.

Little does he apperceive that bitcoin is the hardest asset in the apple and El Salvador’s artifice will apparently pay off big-time.

To complete the picture, Sharyn Alfonsi brings 19-year-old Ismael Galdamez. The youngster saw an befalling in the actuality that merchants in the breadth collection for hours to buy ice. Using bitcoin, he bought a big freezer and started accouterment ice appropriate there in Bitcoin Beach. The “60 Minutes” address ends with, “Ismael is planning to move his parents and ancestors into this new abode in El Zonte after this month. He affairs to pay the mortgage in bitcoin.”

What a admirable story.