60 Minutes feature on El Salvador's Bitcoin Beach will air Sunday

2 years ago

Sharyn Alfonsi, a writer and 60 Minutes correspondent, interviewed Mike Peterson, 1 of the radical who funded the Bitcoin Beach task and encouraged crypto adoption.

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60 Minutes diagnostic   connected  El Salvador's Bitcoin Beach volition  aerial  Sunday

60 Minutes, the CBS quality amusement that has been moving since 1968, volition diagnostic El Salvador’s Bitcoin Beach successful a caller occurrence airing April 10.

According to a Friday station from 60 Minutes’ Twitter account, the investigative quality amusement volition air a conception connected the crypto-friendly country of El Zonte, a colony located successful El Salvador, wherever residents and visitors person been capable to usage Bitcoin (BTC) to wage for thing from inferior bills to tacos. Sharyn Alfonsi, a writer and analogous for the show, interviewed Mike Peterson, 1 of the radical who funded the task and encouraged crypto adoption among residents.

How did a municipality successful El Salvador go known arsenic Bitcoin Beach? Sunday, Sharyn Alfonsi meets with Mike Peterson who helped marque it happen. pic.twitter.com/tHaHsTKFx1

— 60 Minutes (@60Minutes) April 8, 2022

The Bitcoin Beach task preceded the adoption of BTC arsenic ineligible tender successful El Salvador, archetypal announced by President Nayib Buekele during the Bitcoin 2021 league and aboriginal enacted successful September 2021. Since that time, the president has gone connected to marque respective BTC buys totaling 1,801 BTC arsenic of January — astir $77 cardinal astatine the clip of publication.

Bitcoin Beach. Photo by Jack Farren.

A survey from the Salvadoran Chamber of Commerce released successful March showed that lone 14% of respondents said they had transacted successful BTC since El Salvador’s Bitcoin Law went into effect, with much than 90% of companies suggesting that Bitcoin adoption had small interaction connected sales. The state is moving guardant with the creation of Bitcoin City, a task funded by BTC bonds and powered successful portion by geothermal vigor from volcanoes.

Related: Around El Salvador successful 45 days: A Bitcoin-only question story

The 60 Minutes amusement volition not beryllium constricted to reports connected cryptocurrency, and see an exclusive interrogation with Ukraine President Volodymyr Zelenskyy connected the crushed successful the war-torn country. The Ukrainian authorities continues to accept donations successful crypto and fiat for humanitarian assistance arsenic good arsenic backing for the nation’s subject to combat Russian forces.

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