Bitcoin (BTC): El Salvador launches the first “Casa del Bitcoin”

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In the Salvadoran “Casa del Bitcoin”, there will be no safe or treasure to rob. There will simply be training providers relating to the queen of cryptos and blockchain-powered technologies. What make them even more attractive to the people of Nayib Bukele.

More than 60% of Salvadorans hold bitcoin

The formalization by El Salvador of the adoption of bitcoin (BTC) as legal tender in its territory was held on September 7, 2021. The initiative came from the current president in office, Nayib Bukele, who wants to lift his country out of poverty and inspire all the less wealthy countries in the world.

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El Salvador, which is a country of 6.5 million people, had 4 million Chivo holders, the bitcoin wallet local, 4 months later. A success that the detractors of the boldest government in the world did not expect. An unexpected situation since they were using all possible means to thwart the bitcoinization project of the current power.

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Except that at the point where they are, Salvadorans are not completely swimming in happiness. The reason ? The lack of training aimed at a good understanding of the intricacies of a blockchain network.

Hence the Casa del Bitcoin

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Or the “Bitcoin House”: an idea of ​​Paxful, a leader in the Peer-to-Peer bitcoin exchange. By creating this concept, Ray Youssef and Artur Schaback intend to establish a structure for learning and helping Salvadorans who need more knowledge around bitcoin and cryptocurrencies.

An official announcement made on February 2 by Paxful made it possible to identify the main lines of the project, in particular the establishment of a “Bitcoin House” and the choice of an orientation towards financial inclusion.

Here’s what Paxful CEO Ray Youssef had to say on the matter:

It’s no secret that bitcoin is shaping the future of finance in El Salvador and far beyond. Education remains a key driver for the adaptation of bitcoin around the world, and this new hub shows its importance in creating a more inclusive financial system. From the small trader to the bitcoin enthusiast, we are excited to bring knowledge to people, and share with them the power of bitcoin for freedom and equal financial access. »

It was a clear message, to which we will add no explanation, but an illustration.

Practical information about Casa del Bitcoin

Only ” free learning opportunities accessible to all is the state of mind of the promoters of this house (or center) like no other. Who did not wait very long to start this complex project.

So they chose the day of February 3, 2022, another historic date for El Salvadorto provide the first courses and training within this hub.

It is our responsibility that this center does not observe not the same principles of an ordinary school : educational events, various meetings, etc. will be organized there in order to strengthen ties between crypto-enthusiasts. The offices of the Built With Bitcoin Foundation will hold many of these events.

In a statement, Yusuf Nessary, director of the Built With Bitcoin foundation, jubilant as follows:

We are excited to build a new headquarters for the Built With Bitcoin Foundation in El Salvador. (…) We welcome the opportunity to provide resources and continue to create equitable opportunities for the countless people and communities that bring our mission. »

Difficult for the moment to stop the Salvadoran train, provided with visionary leaders and population less slow in understanding. We hope that this initiative to make El Salvador a benchmark in terms of bitcoinization will indeed have the desired effect on other countries that have been very impoverished by the current financial system.

Source: MrimCrae

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