so the 2 sides sit reading the fact that as the woods do bridges and largest democracies, they need to work together and bring and the, with the challenges facing the geopolitical situation in the world today. thank you very much for the analysis. they don't use tele bureau chief, i'm read it to email the next up, out of documentary looks at how big coin and latin america is starting a digital go from like the news 3 is the most powerful woman, little sister of the dictates, a mysterious strategic who is, can you tell me you can say she represents a mixture of expectations and disappointment. the thing is do you think it's the ridge princess stuff, november 25th on dw the

el salvador at the foot of the contract. go up. ok. now this is the future site of big coin city. here's how it will look. since the countries president, 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 hot. no front door and 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're just, you know, there's,

there's no trouble or worries washer. the 30 i my name's corbin. keegan, elder coin narrow the 1st residents of the coins sitting 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 to find is style and big queen mining is the solution. all of that material is waste. that can be turned into energy that can be turned into decline. the last thing about contract. well, no. so no one knew el salvador before, lots of us are only here because of it coining because it's an opportunity for a global economic collaboration. hi. and how about the west 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 that chat about it is related to the claim. well, it can be clean easily bad. and so you're con. so that's what's happening right now

. we're here for with a big cleaners. bringing this to the people i'm explaining what a great opportunity there's the water model here in front of such a look. to big corners, one to shake things on chores long face small town on the volcanic like to live with. it's victor ask landscapes and strong indigenous culture. this is elia saw k. hi. and you're going to hello, how are you? i'm just getting the oil that pay the whole trying oil that will turn into a new big coins to be. let's go to completely a couple of cases, a big problem in guatemala 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 mean a lot. well, 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 car boom. a home made bitcoin machine and he has a key hi. wants to use it to mind digital goals. first, the filters food residue use down to 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 big coins. at least one mines

about $3.00 a day. they don't run the billing, but $3.00 plus about $1.00 a day on this one. i'm happy. i can pay for my coffee in victoria where you're living right next to boom is prime on your site. most people, i'm a musician, a very sacrament. when trump bass drums keyboard. but when 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 probably we'd be cooling.

creating bit coins from waste was an idea that areas are key high going from patrick meld. uh, well this is what i call the hit. are 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 this methane and flare it create energy and mine big point. the organic waste ponds has been inactive for yes. can i fixing it to the great is too expensive? so waste water just flows past it could be 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 coin 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 real virtuous cycle of taking waste and creating big point in 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 can be used to help people, then you know why not, why not do that? most people here have no bank accounts and done save money. these to want to change that. they've already convinced trump keep up a, treat the toner soon in the past, but if she had spec cash, she used it to buy more stock. now, she has a big calling, wallet, a new customers. they scanned the queue on code and big coins, land in her wallet on the block chain. and the it'd be plum is we're going to put this on the form of a beam that's been calling is great and it's

a way of investing more. patrick told us that the cost was actuated, but if i regularly invest some of the process i'll have more life. okay. can 7 moseley invest? these will 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 orange pill. someone is due on both them to paid calling. every goal 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 calling 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 bit coined at 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. yeah. there's no headquarters in state. and so there are conferences with people meet them and bring this internet culture into the real world on sex to do. 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 excellent. off to one found a tent he pays and bid calling. from 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 for a big coin is what about the locals today, shatt and this euphoria let's go the number i speak to, isaac, to opinion assembly journalist from el salvador and collect human this. it seems the state of emergency independent journalism has become increasingly dangerous. i mean, there are threats and restrictions when there's some people of why it's happens in spite on the domestic this one boy fits all the while you are 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 a know nothing necessarily 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 capital san salvador. to see some of the effects, the bi mahoney you know, we're going to 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 have 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 well. 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 that other symptom of the finances, you know, send dimensions 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 porous regions in the country. the president's high profound project is underway here. bitcoin mining using volcanic energy, the journalist victo opinion, wants to find out if locals will benefit from the project. 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 was told 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 this one up along the, in, in the here you, that's the power station with their 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 god. or 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 the, the big calling it's 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 and 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 the society or to push me updates on 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. so no one has running more sense. there's no there's no, well here, the community, you collect the rain going to in this rusty tank. this is dan drinking water. soon . it will be the dry season. you're going to be out here. thank goodness we haven't had any terrible diseases on the items. i had 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'm, and i don't know what i'm in value in that for you at especially when the tank gets

empty. i'm the one i thank you it. the net one that you would like 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. more to isn't luxury. families live here with minimal infrastructure. no sewage systems, no paved roads rationing is common. the why is there a lot? 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 can put some wirelessly. i'm not in our full pocket. so bought at the family a day in dry months, even less. some of the energy generated at the g as the old 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, the project that 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. we're kind of a year ago, president boot 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 out to politeness sees this case and sure the water is also said to help with anxiety, a little buckle eaten just what it was to go now. the topic a going back and that was, that gets the thing i'm going to call you here about is how these bitcoin profits are going to solve the countries problem. me and look at some point now i can't get that. i'm ok and, and maybe something will change that i'm the for the 0 for the him. flow through breath. if it's true that it will support a lot of projects. that's great and not one from the political a city. 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 americans figured out, i wonder fixed, and i work for family or without the infrastructure investment douglas sanchez's grand. some will also grow up without running water. victo opinion, doubts the bitcoin will help with that. what are you at the ending? but it's what needs to maybe it will help the be investors and 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. at least i don't see a plan that also takes to pull people into a town. but i want to say, i'm also gonna, okay, i would have, it really gets to me. it hurts to see children in these conditions. 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 soon enough what i say, 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 a voice for k expensive and people who's been condemned to silence since the stone . you know, then sealants. got it. they can come inside of your 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 other than the boy that it went that a he started with the

facts in guatemala, patrick milda, and l. e, as uh, us case site has set up a bit calling wallets for the stuff of a motorcycle rental company. are you list? i'm going to the metal mini 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, so no corner more we want to in a very exciting and once people understand how it works, everyone move on to use the coating. 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 like

sunrise impact such as the st. dogs, a waking up 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 this private school, i suppose to learn about big coins 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. the recording is digital money. he said, is goal is that is a key hi. translates because patrick nelda doesn't spill dining 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 age would help reduce dependence on the global know that this or ptolemy would create sustainable prosperity. not everyone trusts 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 in response to the dig attached to, to get. 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 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 got him a year and a half ago. i only to have bills out the door 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 they'll sell the door, could eventually become a country like seeing a pool. and i see that the opportunities, the math i can see, but we have very big challenge and also to them, the 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 bond president boot kayla is causing will speak. she gives the same presentation about bait clean 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 cabinets needed to our to city about city, we do not have inside the creative project. bitcoin is starting to wonder how seriously the government is taking the big calling project. until the 12th and the flights of steps. i don't think the slides or 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 questionnaire is on what's really behind this. is this just made for investors? what will come to the in the end?

possibly that's the question. we turn to one of the country's most critical economic voices. tatiana motto, keen, and know how are you? are you sick? yeah, i have a pretty bad fever, but i hope will be better and 2 days. then we can skype in peace. generally speak to opinion once to show us how many people in el salvador and money law, my yeah level 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 i've only got one more thing when we arrive at a traditional compliment. ok, it's in the east of the country. the data has been data,

not many people know because you want to understand the economic dynamics of these country. this is the reality. people get up very early, some drive for 4 hours just to buy and sell capital up when up would have been very competitive. so the novel victor opinion has been use documenting these capital markets for a firm to project business. here is a cash in hand. any valerie, this is a professional hagler. what's that one worth back there? i'm doing lots of strong animals. that will give me 10 more. i'll forget it. i'll go over there. every dona is handled over the profit margins

are small and have to scratch fine. a brand, see you video like the $1600.00 for your own safety take 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 lines don't trade is don't like the idea of the coins. the land fitness of people need to smell the money to feel it in the hands. and so they show, they can use it, i've added it and they've got on the they get when that's how the local economies be a little confusing and i'm on it's, i think almost have to speak going has nice. now yellow kind of, this is the last year. it would be going no way back at the ministry. the big

calling is confront the government about the crash at the crypto exchange at the x . they want to know if they turn to pay, the coins are affected on says a not both coming goes down. those are the big going on. he's only running away from issues for the exchange. unfortunately, we don't have that type of information. we will have to come back for you and that some people come to the discussions, others to network based calling in the state. and it really was clash. there's a culture clash between bitcoin culture and politics. give them bitcoin is very open and transparent. people, it's critical in the sense of being scientifically inquisitive and bit corners are people who are 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 secretary, the bizarre, this stuff we've got, we ask economies, tatiana model keen walk. she thinks after a yeah, a big calling, hey, know the promise was financially inclusion. that's what the between law said. we can actually see that there's no benefits in financial the inclusion, not for people leaving inside of our and not for people being outside and send then remington stewart instead of 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. a deep

cleaning and a sideboard, it serv, representation of how the government act. 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 journalist that has the glasses. i have big as to the spice software on her cell phone installed, bye. have a government the fact a panel such as it's an important day for the long ago 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 milda has invited big coin is from all over the world, possibly because he urgency 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 launch scale? everyone here knows that boom only generates tiny sums of money because i have 3 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 what, 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 and 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 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 that heading into the mountains to issues which dumpsite the

today sense sounds. it all begins hosting one of the most important bits, calling conferences in the wells, adopting bitcoin j one guy. and this is partly about how you promote the adoption of bitcoin, 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 good point better and faster. so instead of 100, so big going is on ship. it is and developers have arrived and don't see it 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 well, they discussed technical problems on stage. others up busy networking nelson

in other things as being too little education. so far. these develop 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 cell, the door and food have the opportunity to use between every day the get. in fact, the movie type hobbies stay on the students and they need us. i stay in loan you on the other end of the country, victo opinion, visits the place where bitcoin city is set to be built, the smoke of like a hint, then look at us when young. 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 day like 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 cohen c. c. the promised the pacific train from me, he promised a bridge for the last 2 of those highway of charles. he promised to stadium that you, but we haven't seen any of it so fun and then will be spent on the step. what is the lucky enough, could you imagine going abroad if the political situation continues like this alex here? so, it's all good. okay. the informal you don't mind can. only time will tell us how to be aggressions into tax are getting worse and more threatening, kind of in my flip, this kind of a well having that sounds. and because i'm a pessimist, i think we'll have to go that way eventually get ok. who's coming look at them, look at them at the moment, but okay,

but wherever i go, i still work as a journal entry. well, yes, and you're not seeing the really, the max kaiser has advised el salvador as 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 wasn't discussed on any panel in any of these individuals in here. we were at a big between conference and we're not here to talk about the human rights situation in el salvador. i think when you, when those salvatore,

you have to take off the european glasses look and try to observe it as impartially as possible. as much of drawing our own conclusions when done, listen, i mean we're not politicians either. we're individuals who have come together here out of and that was the as him forbid coins alice, i'm soon a mentioned you know, and right now it's working and 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 today seems like more of a symbol than a payment system. so they means very different things to different people. for some, it's the dawn of a digital future. fathers, it sounds more like another wild goose chase, the,

it's our final stop in guatemala. the time here is to turn trash into digital goals and help finally tackle the trash problem in kind of such as the and i came with the my very sad to see how trash he's managed here in guatemala. as long as we can see tvs, you'd see $100.00 times more, which will eat the sad thing, is that out? politicians don't care about anything, course, nothing but a coupon for them. uh, there are people who leave off trash. i shouldn't think you'd be the, the lowest would when it rains this just pours down, seeps 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 the wants to build a pond to 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 big coin the decentralized 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 into europeans 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 the big cleaners in latin america. they want to believe that they coin will help everyone. but have these digital minus drunk goals of fools

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