Building Bitcoin Communities In El Salvador

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I’ve dedicated the last decade of my life to philanthropy. But since launching the Built With Bitcoin Foundation with my co-founder, Ray Youssef, I’ve had the opportunity to learn more about what Bitcoin can do for the people who need it most. I can only speak based on my experiences and from the conversations I’ve had with the communities I’ve served, but I’ve seen first-hand how Bitcoin can be a catalyst toward freedom.

In building Bitcoin communities, one important lesson I’ve learned is that people won’t adopt something they don’t understand. Therefore, within the villages we work, we not only build schools, but we build communities — providing resources and education for locals, showing them how bitcoin can help and enrich their daily lives and how it could also be a means of finally attaining financial freedom.

Our recent project in El Salvador can speak to this. In late 2021, we had the opportunity to work alongside Bitcoin Magazine to raise funds for a community two-and-a-half hours outside San Salvador called Isla Tasajera. In this community of 1,500+ people, there is only one school, no banks, no hospitals and no supermarkets. Our mission was to transform the Tasajera Island community by repairing the local school, providing resources for financial education and access to clean water, technology and transportation through a Bitcoin boat. Through the power of Bitcoin and the generous Bitcoin Magazine community, we were able to accomplish this and lay the groundwork for a community that will continue to thrive long after our work is no longer needed.



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