What Bitcoin adoption is ACTUALLY like in El Salvador

Cointelegraph reporter Joseph Hall traveled to El Salvador to find out what it's actually like to pay for goods and services there. Is Bitcoin a viable means of payment in the only country (so far) to adopt Bitcoin as legal tender? Go on a journey spanning cities, beaches, and volcanoes to find out.
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Пікірлер: 250

  • @MichaelDavid09
    @MichaelDavid09 Жыл бұрын

    So much opportunity for Bitcoiners in El Salvador...

  • @caro8039
    @caro8039 Жыл бұрын

    LOVED this. You guys need to share it more, to reach more people. Don't let this gem go unnoticed, great job

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    Yoo thanks Caro. The CT team are great editors!

  • @PabloDon27

    @PabloDon27

    Жыл бұрын

    I love positive people like you ! 🎉

  • @backtocrypto263
    @backtocrypto263 Жыл бұрын

    Best video on bitcoin adoption in san salvador. But too short ;-) keep the great work up

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    Wow that's kind! I would have liked to stay longer -there's so much to observe, investigate and get stuck into in El Salvador

  • @SmithsnMoz

    @SmithsnMoz

    Жыл бұрын

    1 Bitcoin = 100 Million Satoshis....WHATA JOKE! 👎

  • @mirneezy
    @mirneezy Жыл бұрын

    Thank you for creating this video and spreading your Bitcoin knowledge 🙌🏽

  • @TesterBoy
    @TesterBoy Жыл бұрын

    Very informative video. The problem with the rollout of bitcoin as a national currency in El Salvador is not it’s implementation but the lack of education of how to use it. Time will correct this.

  • @saltpony
    @saltpony Жыл бұрын

    Heartwarming vid Joe! Muy sympatico!! I can’t wait to visit there. The people seem so sweet and friendly with real hope from Pres Bukele!!

  • @angelc4095
    @angelc409511 ай бұрын

    Great video!! Thank you for visiting my country and talking to the people about the future of Bitcoin.😊

  • @rguillen0655
    @rguillen065511 ай бұрын

    Thank you for coming to El Salvador to promote one of our official currencies, Bitcoin. Please come back with more knowledge that will help us move quickly in the use and administration of Bitcoin. Blessings.

  • @Johnny-ru5sm
    @Johnny-ru5sm Жыл бұрын

    I'm nearing 3 bitcoins and I'm growing more tired of Europe so el Salvador is on my radar, thanks for sharing

  • @jose_SV

    @jose_SV

    Жыл бұрын

    Visit El Salvador first. My country ✌️

  • @joelnagy8291

    @joelnagy8291

    13 күн бұрын

    You better be buying BSV which is actually Bitcoin. BTC is fraud. SegWit coin.

  • @ralphgertis7614
    @ralphgertis7614 Жыл бұрын

    Congratulations on the documentary. Great job. 👍

  • @Neeper78
    @Neeper78 Жыл бұрын

    Love this video! Good job sharing what’s happening in El Salvador. I may visit sooner than later.

  • @Chitown_Vibe
    @Chitown_Vibe Жыл бұрын

    Great job! Well done!!

  • @river7206
    @river720611 ай бұрын

    Really good ... really interesting

  • @neverbrokeagain7701
    @neverbrokeagain7701 Жыл бұрын

    I wanna see what happens on the next bull run They will be so happy ❤

  • @elsalvador007
    @elsalvador007 Жыл бұрын

    Beautiful country!

  • @opoderdamicrofelicidade
    @opoderdamicrofelicidade Жыл бұрын

    Great one! Btw, your Spanish is amazing!! Regards from Brazil.

  • @corymiller536

    @corymiller536

    Жыл бұрын

    How would you know, if he's spanish is good????, you don't speak spanish

  • @opoderdamicrofelicidade

    @opoderdamicrofelicidade

    Жыл бұрын

    @@corymiller536 Sorry buddy, Spanish and Portuguese are my native languages. Take care.

  • @corymiller536

    @corymiller536

    Жыл бұрын

    @@opoderdamicrofelicidade only Portuguese is your language not spanish

  • @stepmak8994
    @stepmak8994 Жыл бұрын

    Awesome!!!

  • @alexiusargos9450
    @alexiusargos9450 Жыл бұрын

    So cool to see that the main issue with the hotel was just onboarding.And she was so happy to have learned the process. ❤

  • @apergiel

    @apergiel

    Жыл бұрын

    Yes, that onboarding is the tough nut to crack. I am happy the Prez has cracked down hard on gangs and is providing the people peace & safety. Great video, thank you!

  • @ginebro1930
    @ginebro1930 Жыл бұрын

    Great content, genuinely happy for this and i hope you keep up with it!

  • @JeThoreau_
    @JeThoreau_ Жыл бұрын

    Amazing work Joe! (As usual)

  • @KKrypto
    @KKrypto Жыл бұрын

    Amazing I'm glad you created this

  • @gruboniell4189
    @gruboniell41898 ай бұрын

    I’m nearly in tears

  • @nancylove8360
    @nancylove8360 Жыл бұрын

    Nayib Bukele is a great President, only if we had someone like him as our US President, crime would be way down.

  • @jvarga2
    @jvarga2 Жыл бұрын

    Great and inspiring video!!

  • @lanlu2607
    @lanlu2607 Жыл бұрын

    Thanks, Great Info!

  • @clementroberto85
    @clementroberto85 Жыл бұрын

    Great Work

  • @jimmychan5876
    @jimmychan5876 Жыл бұрын

    Awesome documentary

  • @peteryoung2844
    @peteryoung2844 Жыл бұрын

    Awesome video Joe!

  • @davidvdr
    @davidvdr Жыл бұрын

    Wow! This really touched me. Great video. You can tell this guy is very passionate about Bitcoin, but despite the bias didn't over romanticize things ... and he's doing his part to educate and help. Need more people hitting the streets like this. Makes me want to head down there and do the same.

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    This comment made my day - thank you David! Nail on the head :)

  • @biglance
    @biglance10 ай бұрын

    What beautiful and lovely people, God bless them! peace.

  • @EXbobomb
    @EXbobomb Жыл бұрын

    This is really well made. Imo you're approaching it with a strong personal bias and ignoring a lot of the larger issues, but you still included people taking negatively about it and the no signal thing so I don't think it's intentional.

  • @ChristianPecksteiner
    @ChristianPecksteiner Жыл бұрын

    Really really cool one!

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    thanks Christian

  • @qwertyasdfg7782
    @qwertyasdfg77825 ай бұрын

    lucky people to have an open minded president.. much love from Philippines

  • @AdilKhan-sh9fv
    @AdilKhan-sh9fv Жыл бұрын

    Bravo!

  • @carlpoppa1788
    @carlpoppa1788 Жыл бұрын

    This inspiring and hopeful. I wish my country would adopt Bitcoin.

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    Me too 🇬🇧

  • @SmithsnMoz

    @SmithsnMoz

    Жыл бұрын

    Its not real money... sorry

  • @jose_SV

    @jose_SV

    Жыл бұрын

    ​@@SmithsnMoz A piece of paper is money???😂😂😂😂

  • @jimr3713

    @jimr3713

    Жыл бұрын

    @@SmithsnMoz neither is fiat currency.

  • @SmithsnMoz

    @SmithsnMoz

    Жыл бұрын

    @@jimr3713 .. True! 👍

  • @jvarga2
    @jvarga2 Жыл бұрын

    Thanks!

  • @Kirbits
    @Kirbits Жыл бұрын

    Excellent video!

  • @carlosortega7695
    @carlosortega76959 ай бұрын

    Un trabajo impecable..un saludo desde Canarias.

  • @MackMizzle323
    @MackMizzle3237 ай бұрын

    Smart president gonna make the country rich

  • @bitc0inlightningrules423
    @bitc0inlightningrules423 Жыл бұрын

    sigue con el buen trabajo

  • @Food4thought1234
    @Food4thought12345 ай бұрын

    Ok even I didn’t understand how could you make payments when the gas fees are so unreliable and high at times. Had no clue about strike. Very informative

  • @gsoros123
    @gsoros123 Жыл бұрын

    Great reporting, thank you!

  • @simbarules777
    @simbarules777 Жыл бұрын

    Good job and more important genuine ❤

  • @westra4
    @westra49 ай бұрын

    Very good show.

  • @Indonesianexplora
    @Indonesianexplora Жыл бұрын

    Best country🎉😊👍

  • @cryptonewbie21
    @cryptonewbie21 Жыл бұрын

    Wow !

  • @davedave1557
    @davedave1557 Жыл бұрын

    Fantastic. Welcome to the future.

  • @John-bm3bf
    @John-bm3bf2 ай бұрын

    Thank you for sharing! Happy to see El Salvador is going in the right direction. Thank you again for sharing your bitcoin knowledge to the people.

  • @zamaanlk
    @zamaanlk Жыл бұрын

    Really enjoyed the show while celebrating btc's 25k hit

  • @WorldlyNomadic
    @WorldlyNomadic Жыл бұрын

    Amazing video! 🎉

  • @KnutSvanholm
    @KnutSvanholm Жыл бұрын

    Good work, Joe!

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    Did not expect to find you here Mr sock man! Cheers Knut! 🧡

  • @KnutSvanholm

    @KnutSvanholm

    Жыл бұрын

    @@JoeNakamoto Cheers!

  • @johncho9160
    @johncho9160 Жыл бұрын

    great vid this deserves way more than 16k views

  • @gerloczyek
    @gerloczyek Жыл бұрын

    Great job! Spread the gospel! Remember, first they ignore you, then they ridicule you, then they fight you (right now) and then you win!

  • @ml497
    @ml497 Жыл бұрын

    Great job educating people on how to use bitcoin. I'm excited for the day when El Salvador's Bitcoin bet pays off for these people!

  • @bolivianbillionaire1349

    @bolivianbillionaire1349

    Жыл бұрын

    wont be long..

  • @BenJamin-ct5yf
    @BenJamin-ct5yf4 ай бұрын

    Thank you for teaching my people how to use bitcoin

  • @0xSelo
    @0xSelo Жыл бұрын

    Nice documentry

  • @cryptojoecoin5480

    @cryptojoecoin5480

    Жыл бұрын

    Every time I think these inbred evil central bankers are going down, they rev up the black magic money printer and “whala!” Back in business. It works every time for them without fail. It can be discouraging. Then I see this, and I realize that they’ve lost, and it’s only a matter of time. 🎉😊

  • @andydavis7620
    @andydavis7620 Жыл бұрын

    Best video, excellent job, amazing how El Salvador transformed ! the people are smiling the president took a chance on Bitcoin and WOW the benefits are rolling in! awesome job capturing all the progress ! thank you

  • @betitobonilla879
    @betitobonilla879 Жыл бұрын

    Very nice video✋, WELCOME in my country👌👌👌👌👌🏆🏆🏆🏆🏆👍👍🏆🏆🏆🏆🏆👌

  • @FredyFuentes-mf9qs
    @FredyFuentes-mf9qs Жыл бұрын

    Welcome to El Salvador young

  • @kalkassa
    @kalkassa Жыл бұрын

    Such a great moment with the hotel clerk accepting 50usd in bitcoin. Her reaction was like mine for the same time 😊

  • @jamess.2649
    @jamess.26498 ай бұрын

    As price goes up they'll like Bitcoin more

  • @cristoff3
    @cristoff3 Жыл бұрын

    This was great. Thanks for the impartial depiction and not just cramming BTC down peoples throats

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    pleasure!

  • @mississippiapple1078
    @mississippiapple1078 Жыл бұрын

    This is very great. Yes. Seems like citizens are trying to catch up to tech. I like that you showed the truth. Btc has a tough time with marketing being decentralized, it's hard to learn all that new words and trust. Yes... the youth will pick up faster

  • @Cdarlosfletch58
    @Cdarlosfletch5810 ай бұрын

    It’s the future 🌍

  • @AyselMehmet
    @AyselMehmet Жыл бұрын

    La alta tasa de vida actual en una nueva dimensión de ganancias, a pesar de la caída en el precio de Bitcoin, no me impedirá invertir.

  • @betitobonilla879
    @betitobonilla879 Жыл бұрын

    Ganaste un abone más, gracias x educar e informar a. La gente 👉me gusto la ayuda a la chica en et l hotel👌👉✋👍

  • @myecolife4333
    @myecolife4333 Жыл бұрын

    I'm in Guatemala in Panajachel... I just learned we have Lago Bitcoin here... I've been trying all week to track them down to get Bitcoin to get this going... Nice video... Thanks...

  • @jose_SV

    @jose_SV

    Жыл бұрын

    Good for people. Bitcoin was created for economic freedom not for governments.

  • @lemonwidget
    @lemonwidget22 күн бұрын

    This is amazing. Bitcoin adoption is only starting and El Salvador is leading the way.

  • @stephenshaw4859
    @stephenshaw4859 Жыл бұрын

    Very good video. I think it is great that you are helping people learn how to accept BTC. It might bring in more business in some cases. However, I disagree with any government forcing its citizens to accept a highly speculative asset as payment. We have seen in recent years just how much wealth can be lost by investing in, or running a business on BTC. Only under a dictatorship. I am not against the digitization of the economy - let's get rid of paper and metal money. This does not mean we have to rely on BTC. I do whole-heartedly support what President Bukele has done to take violent criminals off the street and put them in jail where they belong. For that, he deserves to be recognized for saving ES.

  • @Fox_Zero
    @Fox_Zero Жыл бұрын

    If I had your patience, I would attempt to use crypto currencies. Great job educating everyone.

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    Bitcoin > crypto!

  • @oliverb1967

    @oliverb1967

    Жыл бұрын

    @@JoeNakamoto Exactly, Bitcoin NOT crypto! Huge difference

  • @oliverb1967

    @oliverb1967

    Жыл бұрын

    Bitcoin you mean, go educate yourself on Bitcoin

  • @mist7295
    @mist7295 Жыл бұрын

    what app/wallet are you using for payments?

  • @1way448
    @1way448 Жыл бұрын

    Wl salvador looking like heaven right now sheesh

  • @Eloign
    @Eloign Жыл бұрын

    Question: why would you ever use the more expensive bitcoin chain vs lightning? Is there a reason? I don’t get it. ❤

  • @sebastianlaurenthasbun
    @sebastianlaurenthasbun Жыл бұрын

    and now with tax-free laws for the creators of software, operating systems & AI and more in digital systems

  • @jacoxaztk
    @jacoxaztk Жыл бұрын

    Hopefully more Latin American countries follow suit. Crypto is the future 🔥

  • @markpalmer8083

    @markpalmer8083

    Жыл бұрын

    Bitcoin. Not crypto. The difference is very important to learn.

  • @josueyuman7990

    @josueyuman7990

    Жыл бұрын

    ​@@markpalmer8083 is crypto, after all Bitcoin uses cryptography, the same for Bitcoin Cash, Monero, Pirate, among others

  • @josueyuman7990

    @josueyuman7990

    Жыл бұрын

    Yeah, I hope more crypto adoption starts in Latin America like Bitcoin Cash (BCH)

  • @jose_SV

    @jose_SV

    Жыл бұрын

    ​@@markpalmer8083 Of curse. We have to understand Bitcoin has no owner.

  • @markpalmer8083

    @markpalmer8083

    Жыл бұрын

    @@josueyuman7990 I think you've got some work to do if that's what you think.

  • @sawyer745
    @sawyer74510 ай бұрын

    The way they speak about their president, I wanna move there man

  • @usadaytrader
    @usadaytrader Жыл бұрын

    What a great advertisement video

  • @RukiDance
    @RukiDance Жыл бұрын

    Every corrupt central banker fighting BTC

  • @johnadeokoun958
    @johnadeokoun958 Жыл бұрын

    super cool documentation, its motivation to have more hope for bitcoin and Satoshi, long live the orange pill 🧡✔️

  • @Laila-dq5rg
    @Laila-dq5rg22 күн бұрын

    Your Spanish is excellent!

  • @Trader-Babe
    @Trader-Babe3 ай бұрын

    I wonder how it is now. That it’s more established.

  • @pirateking173

    @pirateking173

    Ай бұрын

    Locals dont use it.

  • @coinpages
    @coinpages Жыл бұрын

    Adoption happens slowly, but it is unstopable at this point.

  • @VillanuevaFilms
    @VillanuevaFilms Жыл бұрын

    the problem in els is the wifi smh they need something strong a monthly plan type cuz that thing goes out quick in 2 days n you gotta re-up

  • @McGregorZky
    @McGregorZky Жыл бұрын

    I had Gold Coins, Siver Coins and Diamonds i need to have Bitcoins

  • @QueenFinSov
    @QueenFinSov Жыл бұрын

    🌹

  • @12janicerd
    @12janicerd3 ай бұрын

    What app are you using to pay from your phone?

  • @oscargarcia246
    @oscargarcia246 Жыл бұрын

    Good, but give it time, Bitcoin is aimed at the younger generation, the older generation will stick with fiat currency and inevitably die with it.

  • @MichelleLinda-vf7pb
    @MichelleLinda-vf7pb29 күн бұрын

    We work for years to get $1 million, while some people I know put thousand of dollars in some meme of coins and they are millionaire

  • @romankacin8365
    @romankacin8365 Жыл бұрын

    The US or Europe don’t need Bitcoin. The people of El Salvador and similar need Bitcoin. I hope they reap the benefits of such a bold move.

  • @JoeNakamoto
    @JoeNakamoto Жыл бұрын

    Joe here - if you get the chance to visit El Salvador, just go. And while you're at it, spend sats! ⚡

  • @skyblue9817
    @skyblue981710 ай бұрын

    Me subscribo al tipo con guitarra

  • @autohog
    @autohog Жыл бұрын

    What is the lightning network app that you are using to pay with? The one w the lightning bolt

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    Coincorner

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    @coincorner

  • @autohog

    @autohog

    Жыл бұрын

    thank you

  • @gkbhai8962
    @gkbhai8962 Жыл бұрын

    Beautiful video. Joseph is a sweet guy.

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    thanks dude!

  • @gkbhai8962

    @gkbhai8962

    Жыл бұрын

    @@JoeNakamoto keep on doing great work and shining your light 💪🏼👍🏼🌎

  • @Discoverykaren
    @Discoverykaren Жыл бұрын

    No se como funciona el cajero chivo wallet par extrangeros, I though it only for salvadoreans.

  • @JoeNakamoto

    @JoeNakamoto

    Жыл бұрын

    it is!

  • @thecookup6221
    @thecookup6221 Жыл бұрын

    what app has that lightning network

  • @wealthychoices4ever
    @wealthychoices4ever Жыл бұрын

    #CryptoMadeEazy #ProfitsOnRepeat

  • @manuela9556
    @manuela95564 ай бұрын

    Does any one know if the price of bitcoin goes up does the price change ??

  • @12janicerd
    @12janicerd3 ай бұрын

    Okay lightning network that's what i wanted to hear.

  • @bryce-bryce
    @bryce-bryce Жыл бұрын

    I am currently in Guatemala and want to go to Ecuador next. Are there any places that I should avoid due to safety issues?

  • @fidlaf1

    @fidlaf1

    Жыл бұрын

    The world in general are not safe. So be smart and only visit places that are for tourist. That is the rule for every country

  • @bryce-bryce

    @bryce-bryce

    Жыл бұрын

    @@fidlaf1 that's just not true

  • @BinanTV
    @BinanTV Жыл бұрын

    Me and my team to change Baby Headquarter! We are between Lugano or El Salvador..

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