corresponding thomas barrow, thank you for being so economic as well. that's all we have time for next up. i'll documentary looks at how big coin and latin america is starting a digital gold rush. remember, you can get all the news around the clock and our website, that's d, w dot com. and of course l handle on social media is at dw newton. unlike the locals will have more news at the top of the next. now the news 3 is the most powerful woman, little sister of the dictate to mysterious strategic who is, can you tell me you can say she represents a mixture of expectations and this appointment. the thing is, do you think it's the red princess stuff, november 25th on dw, 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 the 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 washing the 30 i my name's corbin. keegan, elder quintero. the 1st president of the coin city, the recording your e mail, salvador is the beacon of light and hope for the coin fix is not just the money, but everything built on the money the

here in guatemala lake. gotcha. the line is dying and big point mining is the solution. all of that material is waste that can be turned into energy that can be turned into decline the cost, the most countries 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 elite, i think it's the poorest communities who have the lease to gain from an economic system like this. but i think the point for when you talk about them chat about it is related to the point. well, it can be clean, easily, bad,

and so you're cons. 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 at the bottom are you in front of a child to bid calling is one to shake things on shore as long as a small town on the volcanic like at that line with its picturesque landscapes. i'm strong in teaching this culture. this is l e 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 guatemala. if we don't collect the oil, people will just chuck it somewhere which is sent to the environment. so this is the may 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. it was in the 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. did still go 1st, the filters food residue 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 tell you some like coffee inbetween where you're living right next to cub. 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 be going.

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 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 this methane and flare it create energy and mine big point. the organic waste ponds as being inactive for yes. can i to get to the grid is too expensive. so waste water just flows past it. could bait coins from me saying 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, bought them all on, 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 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 coupon code and pick coins land in her wallet. on the block chain, it'd be clements and we're going to put this on a form of

a the investment calling is great and it's, it's a way of investing more patrick told us that the price was actually a have. but if i regularly invest some of the process i'll have more life. okay. can they mosley invest these or not? because at some point, maybe not now, but even a year or 2, the price could explode or sales for the explicit yeah, this looks like a orange pill. someone is due on both them to big point. here we go. is that how are you waiting? i mean, i'm going to say yes, i don't know. i'm eli is from the like a big going 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, those 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. nope, i got

a nice young the motorcycle rental company is skeptical in 2021 l sounds. it all became the 1st country to accept big coins as legal 10 to jeff got us is a big coin out 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 bitcoin. 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. 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 toy. off to one failed attempt. he pays and bid coins. now it's worked. this is jeff kinda says, 2nd visit ever since l sounds little adaptive bit coined as a currency. it's been

a promised land, a bit coyness. what about the locals today, shatt and this euphoria let's go the number and speak to the funds to opinion as 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 there are threats and restrictions when there's some people why it happens in spite on the the one boy that saw the role, your leg be when the whole big coin, things daunted 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 i list for said if we made a place to be put on september 7th, and then by the one year anniversary. the government didn't say a single word about 50 coins here. you know what we had a no,

nothing. and that's totally up alotta. why not? and why? you know, sort of living in 2022 after a spike in homicides both are, it is declared. the state of emergency in el salvador victo opinion, takes us to posit limited in the hall to the capitals and salvador to see some of the effects. the bi mahoney, basically is 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 more to him that 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 alleged 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 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 while it chiva is being launch leah band. only a few locals use it was in the cooling. yes, we have the he was doing pretty well in the beginning, but less so lightly. i don't know why the problem is little sign

a bit calling you for you in the center of sense. solve it on the next morning, we had to one of the po, risk regions in the country, the presidents, high profile. the project is underway here. bitcoin mining using volcanic energy, the journalist victoria penya 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 thought it was it's a great place you on them to on the way to one of the nearby villages. oscar velasquez wants to show us something that's wiring people. i fear it is this when up a lot of the a in, in the here you, that's the power station with their developing the big coins is

a raw material. says the government and with the but as a community, we don't really know what's going on it quite a bit. but of course events. and we're the ones who could end up suffering negative consequences. and mr. legato, 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 close 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 bitcoin, it's base comp inside sales at all 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 the steam power coming out of the mountain and also getting to

see how it's use directly from mining. there's at least one mine in there. maybe they've even expanded the mining operators in that they all 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 you have to 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 cash 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. how many families live here? there are 76 families in the community. i see. so no one has running more sense is what i'm 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 and i've had the thank goodness we haven't had any terrible diseases on me. i since i didn't have the children sometimes get diarrhea from the water, but i mean 100 unless you pass the own way. but to improve the situation, we'd need support from a governmental or non governmental institution at the moment. i don't know what

11009 for you at, especially when the tank gets empty on the landline. thank you. it. the net one that you would like to have a proper water pipeline so that the families will always have supplies if they've been, if he's here on the left a minute. in the middle of this last forest, water 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 for the rest. you want the only open the tap when you hand out the water rations. if the, if someone would lie. a 2nd for someone else who are not in our full pockets. so going to pass timely day in dry months, even less. some of the energy generated at the g as the mold power

plant goes towards a bitcoin mine on site. the delegation wants to know how many big coins are being mind with the computers here, but they only get a quick look inside and no answers the, the project so 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 blue kayla talented g as dental mining as 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 raised 7 daughters and several grandchildren. without access

to clean drinking water, he offers rein won't a, we'll go to his gas, the vic to penya pretends to drink out to politeness see this case and sure the water is also said to help with anxiety, a little vocal. and he didn't just want to be to go now the topic a going back on that was that guess a 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 them up. yeah. yeah. and, and maybe something we'll change that and if you put a hand blow on your breath. yeah. if it's true that it will support a lot of projects. that's great and not one from the political a city. uh. when does i know that i don't want to be selfish about

that, but we have a real emergency here with drinking. why? the number one of them that i had to check it out. i wonder fixed and i work for family or the principal without the infrastructure investment douglas center says grand. some will also grow up without running water victo opinion downs, that big coin will help with that. what are you at the ending but it's what needs to maybe it will help the big invest is 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 account and see what i want to say. i know somebody okay out of 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 the payment. i mean, we have to make her fam, which of the middle of the family gioviatto. it's just painful to say children having to lift like these and pick them, 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, god, if they could come and settled 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 along the way that it went, that he started with the

facts in guatemala, patrick nelda and l. e. as uh, us case hi has set up a bit calling wallets for the stock of a motorcycle rental company. are you list? i'm going to the metal unit 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 me beat coins and i'll give you cash. it's very simple. and we don't charge you anything for the exchange, so know, quarter or 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 the sun rise in kind of such as the st. dogs, a waking up i patrick belda is speaking at the 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. the recording is digital money. he said, is goal is that is a case i translate because patrick meld, 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 predicate zone is i could make it make as much of it as i want it to. that's essentially what the government's doing with the gets out bit coins is my goal. it's what we call digital volt. 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. 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 minister of the economy has canceled fund president boot kayla is causing will speak. she gave the same presentation about big lines as long as the city. is there a timeframe or she will detail that when you go to bills, things like the do all the benefits 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 job as well. then nothing slides, 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 might ok. 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. generally civic to opinion wants to show us how many people in el salvador and money la, 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 said i won't one more thing when

we arrive at the traditional capital market in the east of the country. the data hadn't been there. 99, the people know me. you want to understand the economic dynamics of these country. this is the reality. people get up very early by him, some drive to 4 hours just to buy and sell capital. that's what i would have been very compressed. so then that'll victor opinion has been use documenting these capital markets for a firm to have projects. business here is a cash in hand. any valerie of us is a professional. how do i pay? what's that one worth back there? i'm going in lots of strong animals get that it will give me 10 more.

i'll forget it. i'll do over there every don't to is how goal. divest the profit margins us me and have to sprint fund a brand. see you video like the $1600.00 very own 15 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 nice don't trade is don't like the idea of the coins that hadn't been mentioned. 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 across between has nice male yellow kind of it'd be going no way back to the ministry, the big calling. those confront the governments about the crash at the crypto exchange, f t x. they want to know if data and a big coins are affected on says a not balls coming. goes down. we'll have a brother. those are salazer. keep the be going on. he's only running away from exchange for the exchange. unfortunately, we don't have that type of information. we will 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 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, because on the spice of this stuff we've got we ask economies, tatiana model keen walk. she thinks after yeah, a big coined hello. the promise was financially inclusion. that's what the between law says. we can actually see that there's no benefits 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 to risk. and i think it's the same reason why people in several ways 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 us. and they do things from one day to the other. and if you are so 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 jordan, a lease that has the gases. i have big as to spice software on her cell phone installed by of government. the fact that such an 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 in big going projects just kind of goes down naturally as you would expect. and so it, because of that it's, it's super challenging. yeah. bravo. patrick milda has invited big pointers from all over the world's company 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 large scale? everyone here knows that boom only generates tiny sum 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 issue. 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 point network. 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 it in, but actually bring the technology which is super, super excited. now that they've seen the prototype, it's time for the main project. they're heading into the mountains to issues each dumpsite

the today's and sounds. it all begins hosting, one of the most important bits calling conferences in the wells, adopting bitcoin j one. again, 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 big claim better and faster and see federal instead of hundreds of big cleaners. entrepreneurs and developers have arrived on don't age 5 price drops in the past few months. the conferences focus is on making big calling more accessible. jeff, dennis is chairing a panel on the topic, the ball. they discussed technical problems on stage. others up busy network

nelson, you know, 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 salvadorans to, to have the opportunity to use between every day the community, please 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 smoking, often like a hint, then look at us when you it's not that people don't want to dream,

but we can dream of 1st well projects when we don't have the basic education for all seem like on the last say the week, good, cool or access to health care indeed can only policies a bankrupt. so what do you think i have going on? because it's done in cuba. there's no sign of the mega project, but i'm at the old president promised a new airport as a connection to be cohen c, c. d promise to pacific train. 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. one will be still not the that. what is the nothing that could you imagine going abroad if the political situation continues like this, but i like to do it, so it's all good. okay. the informal, you don't want to can only time will tell us that the aggressions into tax are getting worse and more threatening kind of in my flip, the copy one, how many lessons and because i'm a pessimist,

i think we'll have to go that way eventually get ok, who's coming look at them, then look at them in that little moment. that ok, but wherever i go, i still work as a journal entry will. yes, and you'll see and they'll be doing the the max kaiser has advised el salvador as president. 2 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 as a drawing of own conclusions when done, listen, i mean we're not politicians either. we're individuals who have come together here other than those the as i'm forbid coins alice, i'm soon a mentioned beyond 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. it means very different things to different people. for some, it's the don't of a digital future. fathers, it sounds more like another wild goose chase the,

it's our final stop in guatemala. the plan here is to turn trash into digital goals and help find a tackle that trash problem in kind of such as the and i came with the my very sense to see how trash he's managed here in guatemala with this. but you can see is you'd see $100.00 times moles which will eat the sad thing is that out full of patients, don't care about anything course knows it, but a coupon for them. uh, 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 watershed and into the lake. and that's, that's the problem that we're trying to solve. patrick mount the wants to build a plant for 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 in new 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 go. 6 6 6 6 6 6 6 6 6 so the, the new will tell you, we are happy that we are boxing the story. we have a getting a visa is more difficult than finding gold hosted to use the dream force and for the future in the stories and issues that are being discussed across the country. news africa. in 30 minutes

on d w. the image, how many pollution assert out in the world find maturity. the story faces much less the way from just one week. how much was going to really get we still have time to act. i'm going to like this one on 6 times to increase the current see more people than ever on the move worldwide in such an one. great timing is very hard to say. very difficult to

find out about some story info. my friends, the this is the w news line from gerland operation suspended at guns as big as hospital . the homeless run health authority says b, l chief and medical complex is out of field. we'll hear from the head of surgery there. in germany it's for administer continues for mediation efforts in the middle east. atlanta bare boss meets with palestinian authority officials in the west bank after stopping the united air emory, the.