Roman Martinez from Bitcoin Beach discussed how El Salvador became the first country to make Bitcoin a legal tender in 2021, following the success of Bitcoin Beach, which started using Bitcoin for daily transactions in 2019. Bitcoin is now used for various purchases, including surfing lessons and property. Martinez emphasized the need for education to help more countries adopt Bitcoin, noting that El Salvador has been acquiring Bitcoin daily since 2021. He highlighted the benefits of Bitcoin, such as allowing the unbanked to access financial services and reducing transaction costs for merchants. Despite media portraying Bitcoin as volatile, Martinez believes that with proper education, both sides can benefit from using Bitcoin.
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