At Hashpower Academy, I share insights from El Salvador, where Bitcoin’s adoption as legal tender sparked tourism and growth but faces challenges. Dollarization dominates as weak local currencies collapse, yet high energy costs burden locals. Bitcoin mining offers a solution—producing energy to lower costs and create wealth in sats, bypassing dollar swaps. Miners set a […]
From El Salvador’s Bitcoin Beach, I explore Bitcoin as a medium of exchange at Hashpower Academy! Why accept BTC for goods and services? El Salvador’s legal tender shift sparked tourism and construction, but merchants face friction—dollarized costs and swap fees. The Solution? A Bitcoin-powered circular economy where miners price electricity in sats (BTC/kWh), enabling merchants […]
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