El Salvador hosts Adopting Bitcoin conference as nation promotes economic freedom
SAN SALVADOR, El Salvador, 28 September 2022 /PRNewswire/ — El Salvadorthe first sovereign nation to make bitcoin legal tender will host Adopting Bitcoin, a conference promoting Bitcoin adoption in the context of creating a freer and fairer financial system.
The conference, which takes place in San Salvador and Bitcoin Beach from 15-17 Novemberbrings together the bitcoin ecosystem for collaboration, networking and learning.
The event is organized by Galoy Inc., whose bitcoin banking platform powers the Bitcoin Beach Wallet El Salvador. “No one expected a sovereign nation to adopt bitcoin as legal tender in 2021,” said Nicolas Burtey, CEO of Galoy. “The measure has changed public perception of both the country and the currency. El Salvador now make progress to become Singapore of Central America and a beacon of financial inclusion, while bitcoin is proving to be an excellent medium of exchange that can facilitate millions of daily transactions.”
Bitfinex, the state-of-the-art digital token trading platform, is the main sponsor of the event. The exchange, which has the deepest Bitcoin liquidity, has a vision to extend economic freedom to communities, societies and countries around the world. Bitfinex works closely with El Salvador the government shall provide the financial technology platform for the issuance and trading of the proposed volcano token.
“Bitfinex is proud to be a technology and exchange partner for the Salvadoran people in their historic journey towards financial freedom and to be a sponsor of educational initiatives aimed at increasing financial and technological literacy,” said Paolo ArdoinoCTO at Bitfinex.
The first two days of the event will take place at the Crowne Plaza conference center in San Salvador. More than 110 speakers from over 30 different countries will share the latest developments from the entire spectrum of bitcoin disciplines, related to both technology and economics. A highlight of the technology and development focused track will be the presentation of the bitcoin core developer Jon Attackwhile the economy-focused track’s most prominent name is Mexican Senator Indira Kempis. The multi-track event will be conducted in English with real-time translations in Spanish for the main stages.
Day three of the event will take attendees on an excursion to Bitcoin Beach, El Zonte, where the country’s bitcoin adoption originated. Mike PetersonDirector of Bitcoin Beach, noted: “After less than a year, we see that one in five people use bitcoin daily. Now delegations of representatives, bankers and technologists from all corners of the world come to El Salvador to learn how bitcoin can be used as a tool for financial inclusion.”
The ideal arrangement can be reached by Salvadorans at a favorable price of 21 dollars.
About adopting Bitcoin
Adopting Bitcoin brings together stakeholders from all sides of the bitcoin ecosystem with local actors in El Salvador to network, collaborate and learn at a 3-day conference.
More information: adoptingbitcoin.org
Twitter: @AdoptingBTC
About Galoy
Galoy develops bitcoin-native banking software that enables organizations to connect to the Lightning Network and launch bitcoin banking services. GaloyMoney’s open source core banking platform includes a secure backend API, mobile wallets, point-of-sale apps, a ledger and administrative controls. Learn more at galoy.io or github.com/galoymoney.
More information: galoy.io
Twitter: @GaloyMoney
SOURCE Galoy
