the, the can you see is what old car tires have to do with the production? here's a hands on the really indeed the snow on youtube, the, the el salvador

at the foot of the contract go up. ok, now. this is the future site of the coins city. here's how it will look. since the countries presidents, the steps there. well, it's not clean. now i'm having version for just arriving. uh, but uh, a little uh, lay down uh mattress. uh, got a little micro kitchen just to uh, the one man will. citadel hunt no front door. um it's pretty safe around here. i haven't seen a bad guy since since i've been here. and so i, in oregon, sleep out on the beach or you just, you know, there's, there's no trouble or worries

washington, the 30 i, my name's corbin. keegan elder coin arrow. the 1st residence of the coin city. the recording here in el salvador is the beacon of light and hope for the coins. fix is not just the money, but everything built on the money. the here in guatemala lake. got you. the line is dying and big coin mining is the

solution. all of that material is waste, that can be turned into energy that can be turned into decline the last name of the country, almost no one knew el salvador before. lots of us are only here because of it pointing because it's an opportunity for a global economic collaboration. hi and how about to where it's at when they go. so, but it's a business for the lead. i think it's the poor community to have the lease to gain from an economic system like this. but i think the point for when you talk about the inside of the it is related to the point. well it can be clean easily bad. and so your country so that's what's happening right now. we're here for with a big cleaners, bringing this to the people in explaining what

a great opportunity that the inbound that's a challenge to bitcoin is one to shake things up. so as long as this small town on the volcanic like i did line with it's victor ask landscapes. i'm strong in teaching this culture. this is eddie s k. hi. hello. hello. how are you? i'm just getting the oil pretty old frying oil that will turn into a new big coins to be. let's go to completely a couple pieces. a big problem in question. the normal if we don't collect the oil, people will just chuck it somewhere which is sent to the environment. so this is

the me i'm being that because when it rains, it goes right into the lake. by the next i'm in the i live. now we have a solution for that, and well, it's incredible a while as a unit in the backyard next to a car repair shop is a boom. a home made bitcoin machine and he has a key hi. wants to use it to mind digital goals. first, the filters food reservation use out of the old cooking oil and then it's ready to fuel the own diesel machine. the electricity generated power, small computers, which perform cryptographic operations for the global bitcoin block chain. in return, they receive small sums of bit coins at least one mines about $3.00 a day, but on the whole, they don't run out. we've been dealing with you for $3.00 plus about $1.00

a day on this one. i'm happy i can pay for my coffee in victoria where to go, but i don't cover living right next to cub. boom is prime on your site. most people, i'm a musician, a very sacrament, trumpet, bass, drums, seaboard, marine the violin. he doesn't understand why it has to be so noisy here. i keep telling them to get a muffler, then it will be quieter. americana. i'll pay we'd be going. creating bit coins from waste was an idea that area is the key. hi. going from

patrick meld. uh well, this is what i call the hidden air, all covered in vines and in foliage. and if you look at what's going on here, we've got the necessary ingredients to break down organic waste and create methane . and for our purposes we would capture dismissing and flare it create energy and mine big point. the organic waste bonds has been inactive for yes. can i to get to the grid is too expensive. so waste water just flows past it. could bait coins from the same mining, finally get it up and running. this is low hanging fruit for us to help the community. and again, it's just another demonstration that big point is the only thing that could come in here and fix this problem. the next level would be the solid waste facility, and then we have created a, a real virtuous cycle of taking waste and creating bitcoin and improving the

economy and proving that community and protecting the environment. patrick mount came here from the us as a christian missionary. now he leads the logo, bitcoin project with the same zeal. i have a lot for this community. i love her guatemala and i love to help people. so if i have a tool that i can use to help people, then you know why not, why not do that? most people here have no bank accounts and don't save money. these 2 wants to change that. they've already convinced trump keep up a, treat the toner soon in the past, but if she has bad cash, she used it to buy more stock. now she has a big calling, wallet, a new customers. they scanned the coupon code and pick coins land in her wallet on the block chain, and the it'd be clements and we're going to put this on a form of a name that's been calling is great and it's, it's a way of investing more. patrick told us that the price was actually a high, but if i regularly invest some of the process,

i'll have more life. okay. can 7 moseley invest these or not? because at some point, maybe not now, but even a year or 2. the price could explode or cycles for the explicit yeah, this looks like a great to orange pill. someone is due on both them to big point. here we go. is that how are you waiting? this is amy and i'm going to say yes, i don't know. i'm eli is from the like a big coined project that is dealing with the cooling makes practical sense for your business list. why? because you get a lot of tourists from the us and the rest of the world goes, they pay with visa or mastercard, and those companies get a 5 to 8 percent commission. seeing it's different with between the customers can send you money directly without commission. the blue stay the middle in the night, let me show the motorcycle rental company is skeptical. in 2021 l sounds. it all became the 1st country to accept big coins as legal tend.

jeff got us is a big corner from germany. these parts of a german delegation touring through bitcoin country. there's a big conference coming out. that's a special thing about big coins you, there's no headquarters in state. and so there are conferences with people meet them and bring this internet culture into the real world and. and el salvador is really special because it's a whole country that except to be going to physically put executed. so it's like one big laboratory level of toys. off to one found a tent. he pays and bid coins. so now it's worked. this is jessica thomas's 2nd visit. ever since l sounds little adopted big coin as a currency. it's been a promised land, a bit coin is. what about the locals today,

shatt and this euphoria let's go the number i speak to, i'm speak to a pen. yes, i'm a journalist from el salvador and kind of human this. it seems the state of emergency independent journalism has become increasingly dangerous. i mean, that's there a threat and restriction is when there's some people of why it's happens. in spite on the domestic, the one boy that saw the roll, your late be when the whole big coin thing started in 2021. the government loans to be campaign to say we were on the way to becoming a will. the can only talent as the 1st country to implement between the atlas. for set it up for the medical you have it on september 17 and by the one year anniversary, the government didn't say a single word about the coins here. you know, he had nothing, not sole up alotta. why not? and why? you know, sort of living in 2022 after a spike in homicides both are, it is declared, a state of emergency in el salvador victo opinion takes us to posit limited in the

hall to the capitals themselves. little to see some of the effects, the more home that we're going to it kind of black market. the goods, the sale here are often obtained at least at least not a heavy leasing that way, but that's a form of trade that many people here depend on to get their living. and yes, if i more to him, so i guess we'll see. so that's a black market right in a city center. until recently, it was a very dangerous place to visit. el salvador is one of the highest rates of gang violence in the wells. since declaring a state of emergency, the government has imprisoned over 66000 ledger gang members without valid trials. but sometimes there was always conflict here on the games used to clash with each other. but that's pretty much over now. when we all know, so in

a way the government is doing a good job because they're trying to do something good for the people of a window, but a but equivalent. but lots of people are having a hard time because they're innocent. relatives are in prison when the symptom of book is empty. why? those are funny and says, you know, symptom, memphis in the wall on games. most security comes at the cost of basic human rights. the big calling revolution is on how the state speed calling quality chiva is being launch leah band. only a few locals use it and then was in the cooling. yes, we have the it was doing pretty well in the beginning, but less so lightly. i don't know why the, some of them as little sign a bit calling you for you in the center of san salvador. the next morning we had to one of the forest regions in the country. the presidents,

high profile and project is underway here. bitcoin mining using volcanic energy, the journalist victo opinion, wants to find out if locals will benefit from the projects he meets with community leaders in the municipality of that, in all hello, nice to meet you to was, i'm victo opinion, but i don't one it's a great place you on the, on the way to one of the nearby villages all scovella ask is once to show us something that's worrying people. i fear it is of this one up along the cave in it. and that's the, that's the power station where they're developing the big coins is a raw material. says the government, the but as a community, we don't really know what's going on a quite a bit. but of course events. and we're the ones who could end up suffering negative consequences in just a little gotta,

if there are profits and how will they be distributed among the citizens in the end? that's the most important thing. and this will go mostly what i threw it on the well, again, i'm looking for a bunch of, you know, there are room is of money coming in. that will be very welcome in this impoverished region. bitcoin and base camp in san salvador. and we're leaving now, so think about the big coin delegation. he's also heading to banning on an exclusive visit to the cios to him all power plants. if you don't see a geothermal power plant like this every day, all those pipes and this theme, the power coming out of the mountain and also getting to see how is use directly from mining. there's at least one mine in there. maybe they've even expanded the mining operators in the bill of the mining parts on pacific subjects. visitors are rarely allowed inside the power plants. geothermal energy is an important source of

power for the country. heat from the nearby volcanoes, tens ground water into steam, which drives turbines to generate green electricity. president. now your book kayla has promised that this kind of green energy will supply bitcoin city. this would make green bitcoin mining possible. jeff got us because already visited this site last year we're allowed to look inside, but he won't tell us which devices are in there with the current cache rate is on the network or how much is already been mined. that's all classified for a society or the 1st time such as buying, right. let's see if we see anything. it's not over yet. here we go.

a few kilometers away. we learn about living conditions here. when, how many families live here? there are 76 families in the community. i see. no one has running water. no. there's no, well here the community collect the rain going to in this rusty tank. this has been drinking water soon. it will be the dry season. it i've had here. thank goodness we haven't had any terrible diseases. i mean, i can put in the children sometimes get diarrhea from the water, but i'm a 100 unless you pass the own way. but to improve the situation, we'd need support from a governmental or non governmental institution. and i mean, i don't know what i'm in family and that for you at especially one of the tank gets empty. i'm the one i thank you it. the net one that you wouldn't have liked to have a proper water pipeline so that the families will always have supplies that have

been if you see on the left a minute in the middle of this last forest, water is a luxury families live here with minimal infrastructure no sewage systems, no paved roads rationing is common. the why is there a lot? could you think it's a just on people's feeling the water board, it looks like we do that right? e one, we only open the tap when we hand out the water rations. if the if someone would lie, i think 10 percent more of us will not allow is full of pockets. so going to pass family day. in dry months, even less some of the energy generated at the g has them all power plant, goes towards a bitcoin mine on site. the delegation wants to know

how many big coins are being mined with the computers here. but they only get a quick look inside a no um says the nothing has changed compared to last year. we'll try to analyze it a bit more later from the photos and videos. we know roughly what's going on here. no big limits that much of the kind of a you ever go president to kayla county da's demo mining is the key technology for the big, quite nice ation of the country. today, the project feels neglected. an ultra modern potemkin village. back in the real village with a sanchez family, douglas and his wife have raised 7 daughters and several grandchildren without access to clean drinking water. he also has rain water with sugar to his gas. the

vic to penya pretends to drink, to politeness, sees this case and sure the water is also said to help with anxiety. a little bulk stephen just was to go now. the toner has a static a corner. god knows that because of the thing i'm going to call you here about is how these big coin profits are going to solve the countries problem in. okay, so now i can't get that. i'm ok and, and maybe something we'll change that. and if you put a handle on where you have the but it's true that it will support a lot of projects. that's great. and not a month on that for the echo a say the when. and if i know that, or i don't want to be selfish about that, but we have a real emergency here with drinking. why? the number one to many hands figured out. i wonder fixed and i work for family, a pencil without the infrastructure

investment douglas sanchez's grand. some will also grow up without running water. victo opinion, doubts that bitcoin will help with that. what are you at the ending but it's what needs to maybe it will help the big invest is in the government itself. everyone who believes in and promotes these between religion and miss beverly, but i don't think it will help communities like these of at least i don't see a plan that also takes to pull people into a town for him. but i want it bad. and also with okay, i would a, it really gets to me, it hurts to see children in these conditions. he died especially because i have a daughter bad by identifying with the one thing i always say that i do this with because i have the advantage of seeing these needs. i was right on the front line. they give me a for i see. but it really get us to me necessity. i have to put them in. i mean, they have to make older families show

the family and it's just painful to see children having to live like this and pick on wants them. okay. and what's your basis? i want to give these people avoiding sort of too expensive and people who's been condemned to silence since the stone, you know, then sealants. got that big to come and settle if you'll could. ok. i think i can bridge the gap here. so important that but i, so that's why i'm doing everything i can to tell the story along the way that it went that way. starting with the facts in guatemala, patrick nelda and l. e. as uh, us case site that's set up a bit calling wallets for the stuff of

a motorcycle rental company. are you list them young movie, metal music, lukea sending you money right now? you know, say yes, reach to transactions there instantaneous. sometimes 1 dollar. and where can i withdraw this in cash? just so you can move it on like a human atm. you call me and i'll give you the money. you'll bank, give me beat coins and i'll give you cash. it's very simple. and we don't charge you anything for the exchange. no, no, go what i'm gonna want you on a very exciting and once people understand how it works, everyone move on to use the coding. i have some dallas right now, but i'll have to discuss it with the boss 1st. let's see. looks interesting, but i'm not totally sure. especially because the value fluctuate so much more, less the sunrise in kind of a chance. the st. dogs,

a waking up i patrick belda is speaking at a school. today. we're going to introduce the new bitcoin coursework. me put him out of the coin and 3 d printer. it's going to be exciting. the children at these private school as opposed to learn about bitcoin and why it's important for them. well, welcome, everybody. big point is a, is a money. okay. just like what i have in my pocket, get some money. that's paper money. see i and big point is a digital mind. what was the level book? let's talk about food cooling. be recording is digital money. he said, is goal is that is a key hi. translates because patrick mailed, it doesn't spill down. it is the middle of the heat, the, the difference between this and this is the government says, this is worth something. but the government says, this isn't worth anything. i can buy hundreds of these pads and,

and make as much of this as if i wanted to print it keeps on this. i could make it make as much of it as i wanted to. that's essentially what the government's doing with the gets out bit coined is my goal, it's what we call digital gold. you can start saving it now, so that when you're older and you have much greater well, proponents came the big calling based development aid would help reduce dependence on the global know that this or ptolemy would create sustainable prosperity will to everyone trust these grand promises. being too many the incense sounds, i don't. jeff gallus county's delegation are allowed to attend an event at the ministry. el salvador native nelson, you know, is also joining them. the event is geared towards bitcoin us and it's been for some

of the dig attached to it. i'm excited to hear about the digital strategy of so there are still some unanswered questions, even from last year. what's going on with bitcoin city? what's planned? what's happening in my experience, we can ask a pretty open questions at these meetings and also talk to the experts in the old and the answer to the best of their knowledge. nelson n o has lived in germany for several years. he hopes bitcoin can help his native country. i'm have gotten a year and a half ago, i only talked to bill salvador some way to visit because my parents lived here before i started cc. how much then business develop? really, lots of people are saying that al salvador could eventually become a country like seeing a pool of that and, and i see that the opportunities that man, i can see. but we have very big challenges. nelson, you know, is looking forward to getting new information from the government, just like everyone else here. the minister of the economy has cancelled fund

president boot kayla is causing will speak. she gives the same presentation about big calling as long as the city. is there a timeframe or she will the details that when you're going to build things like the do all it's needed to our city about city. we do not have a try to be created. we have like projects bitcoin as a starting to wonder how seriously the government is taking the big calling project as well as lots and lots of i don't think the slides are the lecture provided any answers about how this is going to be implemented or a time frame of when it will all take place. the question is, what's really behind this? is this just made for investors? what will come of you in the end possibly that? so the question we turn to one of the countries most critical economic voices.

tatiana moto keen, and i know how are you, are you saying? yeah, i have a pretty bad fever, but i hope will be better and 2 days, then we can skype and peace. journalist victo opinion wants to show us how many people in el salvador and money law. my already i look for let's see on this device . and not most people here don't have a formal joke, no steady monthly income. so they subsist, they search as we say here. so please set i woke up one more thing when we arrive at the traditional capital market in the east of the country. the theater hadn't been there. 99, the people know me said that you want to understand the economic dynamics of these

country, these, these, the reality people get up very early on the drive for 4 hours just to buy and sell capital. that's what i would have been very competitive. so the novel victor opinion has been use documenting these capital markets for a firm type project. business here is a cash in hand. any bell rebates is a professional high blood? hey, what's that one worth back there? i'm going in. lots of strong animals. get that it'll give me 10 more. i'll forget it. i'll go over there every don't to is handled over the profit margins are small and have to scratch fine. a brand. see you video.

like the $1600.00 for it. oh no. 15 type between no, no, it's not worth anything here. it's not for them or you don't know what it is. they say this money is in circulation, but it doesn't work here. i get on the we want dollars the these nice don't trade is don't like the idea of the coins, the land, vanessa. people need to smell the money to feel it in their hands. and so they show they can use it. i've had it, and they've got on the they get when that's how the local economies built in the end of the month. it's, i think almost echo speak queen has nice male yellow. it'd be going no way. back to the ministry. the big polinos confront the governments about the crash at the crypto exchange,

f t x. they want to know if the data and bid coins are affected on says a not to bolt coming, goes down. those are the big going on. he's only running away from exchange for exchange. unfortunately, we don't have that time. you have to come back for you that some people come to the discussions of those to network beach calling in the state . and it really was go to the session there's, there's a culture clash between bitcoin culture and politics. give them bitcoin is very open and transparent. and it's critical in the sense of being the scientifically inquisitive and big corners of people score. very open and honest. who want answers to everything. and in general politicians are people who just say whatever they need to, when in doubt, they'll say they don't, you know,

rather than giving an honest answer us. so i can tell you about signing the spice of these studies. the we ask economies, tatiana model keen walk, she thinks after yeah, a big going hello. the promise was financially inclusion. that's what the between law says. we can actually see that there's no benefit in financial inclusion, not for people leaving inside of our and not for people being outside and send them. remington stories have both, it's actually too risky. and i think it's the same reason why people in february is not using it. the state gave every citizen a want it to big going was $30.00. when tatiana opened, has she saw her account was already being used. it was stolen. yes. be going, you know, salability, it's a representation of how the government not like hiding

a lot of information and they do things from one day to the other. and if you, as a citizen, criticize some of the things or the details about what they are doing, they actually harass you. so yeah, there are a lot of journalists that has big options. i have big as, as to spice software on her cell phone installed, bye. have a government the fact that it's not you and it's an important thing for the logo. bitcoin project. the biggest challenge is raising the money and we're in a barrel market right now. and when we're in a barrel market excitement and enthusiasm about investing them, bitcoin projects just kind of goes down naturally as you would expect. and so it,

because of that it's, it's super challenging. yeah. patrick mailed the has invited big coin is from all over the world, possibly because he hudgens. he needs investors. that above all, he needs popularity. but he's mining from waste project. the prototype has to, we know that his gas bitcoin mining for environmental protection, sounds good, but can it be implemented on a large scale? everyone here knows that boom only generates tiny sums of money because they have re electricity. i think it's great. yeah, i don't know how well it scales off, but it's a fantastic initiative. they say they make money here, but i don't see any come out. all right, so thanks for coming in. yeah, it looks junky. it looks homemade because it is. but what we've demonstrated here

is a proof of concept. there's a reason there's no wind or solar capacity here because it's too expensive, it's waste from population centers. okay, what can we do at the lowest cost in nominator, the cheapest way possible to get mining going in and financial, and this is, this is, it just makes perfect sense for decentralizing mining and hash for the big point networks. and this is a way to bring in developing countries in the global so to be a part of this revolution. not just creating a big point, circular economy where people bring a big horn, but actually bring the technology, which is super, super excited. now that they've seen the prototype, it's time for the main project, the heading into the mountains to issue each dumpsite the today's san salvador begins hosting,

one of the most important bit calling conferences in the world, adopting bitcoin j one guy. and this is partly about how you promote the adoption of bit coins, how you get that out to the people. oh, salvador is a permanent starting point, of course, because it's already relevant here in practical terms. but it's also about how to make a big claim better and faster and see the best on shadow 100. so big going is on trip. the news and developers have arrived on don't age by price drops in the past few months. the conferences focus is on making big calling more accessible. jeff, kansas is sharing a panel on the topic the while they discussed technical problems on stage. others up busy networking

nelson in other things, there's been too little education so far. he's developed to tutorial, to help with that. give me a community. we need more ways of showing between to the people who need it most. and these are not the people who come here from europe or north america. it's the salvadorans food. have the opportunity to use the coin every day, the get. in fact, the movie tie probably stay on the students and indeed us, they stand low new on. at the other end of the country, victo opinion visits the place where bitcoin city is set to be built, the most kind of like a hint, then look at us when you look, it's not that people don't want to drain, but we can dream of 1st well projects when we don't have the basic education pearl seem like on the last say that we've got cooler access to health care and they cannot make policies a bankrupt. so what do you think i have going on?

because it's done in cuba. there's no sign of the makeup project, but i'm at the old. the president promised a new airport as a connection to be coin cc, from the promise to pacific train from it. he promised a bridge for the last 2 of those highway of charles. he promised the stadium that you, but we haven't seen any of it so fun. when will be spent on the 5th. what else could you imagine going abroad if the political situation continues like this? alex here so if so could open the informal you don't want to can. only time will tell us how to be aggressions into tax are getting worse and more threatening kind of in my flight up there cause i'm in that sense. and because i'm a pessimist, i think we'll have to go that way eventually. good. ok. who's coming? look at them and look at them. and in that one moment they don't care. but wherever i go, i still work as

a journal entry as well. yes. so you'd see in the doing the max kaiser has advised el salvador was president. the, the conference comes to an end. there was a lot of talk about freedom and sovereignty. and little about this situation in the country. the current state of emergency watson discussed on any panel in any of these individuals in here. we were at a bit between conference and we're not here to talk about the human rights situation in el salvador. i think when you and those salvador, you have to take off the european glasses look and try to observe it as impartially

as possible, as much as a drawing of own conclusions. when done. listen, i mean we're not politicians either specifically or individuals who have come together here other than those, the items forbid coins. i'll answer the mentioned, you know, and right now it's working in those salvador and it's something maybe they'll come a point when it doesn't work anymore. i don't have any definite answers either. several can, including on board bitcoin in el salvador, once a day seems like more of a symbol than a payment system. they means very different things to different people. for some, it's the dawn of a digital future. for others, it sounds more like another wild goose chase, the it's a final stopping guatemala. the plan here is to attend trash into digital goals and

help finally tackle that trash problem implants, such as the i can what the very said to see how trash he's managed here in guatemala. with the c d 's, you'd see 100 times most mucho eat. the sad thing is that out full of patients don't care about anything course. and those have been a coupon for the there are people who leave off trash. i sent that give you the, the lowest with when it rains this just pours down seats into the water shed. and then if you get over here, all of this trash in some form, all the contaminants are coming out of this landfill down into the water shed and into the lake. and that's, that's the problem that we're trying to solve. patrick mount, it wants to build a plant, but waste salting,

and bio gas. he'll make it profitable by using the electricity generates to mind big coins, a multi $1000000.00 project. and our model, we want to take some of that bit, going to do centralized basic income and put it back into the community because this is, this is their waste. so they have a right to retain that, that benefit, that goal. you know, when the spaniards in your opinions were here 4 to 500 years ago, they took all the gold from the land, massive transfer wells from central south america, took it to europe, and big coins, digital gold, and the digital go. it doesn't look like gold, but it's energy digital gold and we want it to stay here in central and south america. there's certainly no lack of vision among bitcoin is in latin america. they want to believe that big coin will help everyone. 6 6 6 6

6 6 6 6 6 so the wonders of the ocean, these 2 highly specialized creatures and highly sought after raw materials. deep sea mining is still in its infancy and is still completely unregulated. how is it threatening to eco system tomorrow today? in 30 minutes on d. w, the

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