The CBS news program named 60 Minutes, which was initiated in 1968, is set to present Bitcoin Beach of El Salvador in the latest episode thereof airing on 10th April. As per a post that was shared by 60 Minutes on the official Twitter account thereof on Friday, the inquiry-based news program will broadcast a section on El Zonte’s crypto-friendly village area, which is situated in El Salvador, and where the visitors and the citizens have been capable of utilizing BTC (Bitcoin) to recompense for almost everything including tacos and utility bills.
A journalist as well as one of the show’s correspondents, Sharyn Alfonsi, interviewed Mike Peterson, a person categorized among the people responsible for funding the project as well as persuading the citizens to adopt cryptocurrency. The project Bitcoin Beach commenced with the Bitcoin adoption as legal tender across El Salvador, which was first implemented in 2021’s September. After that time up till now, the president of the country – Nayib Bukele – has endeavored a lot to purchase a cumulative worth of nearly 1,801 Bitcoin (approximately $77M) until this January.
El Salvador’s Chamber of Commerce issued a survey in recent March which indicated that just 14% out of the people who participated in it asserted that they had transferred funds with the utilization of Bitcoin after the implementation of Bitcoin law across the country. Up to 90% of the firms suggested that the adoption of Bitcoin had a slight influence on sales. The Latin-American nation is stepping in the direction of constructing a place called Bitcoin City.
The project is funded on the behalf of the Bitcoin bonds which were partially powered through geothermal energy provided by volcanoes. The respective show will go beyond the reports covering the topic of cryptocurrency, it will take into account a unique interview with Volodymyr Zelenskyy (the president of Ukraine) regarding the situation prevailing in the country which has undergone a catastrophic war initiated by Russia. Due to that clash, a lot of issues have been experienced by the people living in Ukraine, and funds withdrawal counts to be among the chief.
Many cases of the people in Ukraine have been reported where they were unable to take out their cash because of some war-specific restrictions. In this situation, a vast number of residents utilize cryptocurrency to assist themselves. The authorities of Ukraine are continuously receiving fiat and crypto donations on humanitarian grounds along with funding the military of the country to confront the forces from Russia.
At Tokenhell, we help over 5,000 crypto companies amplify their content reach—and you can join them! For inquiries, reach out to us at info@tokenhell.com. Please remember, cryptocurrencies are highly volatile assets. Always conduct thorough research before making any investment decisions. Some content on this website, including posts under Crypto Cable, Sponsored Articles, and Press Releases, is provided by guest contributors or paid sponsors. The views expressed in these posts do not necessarily represent the opinions of Tokenhell. We are not responsible for the accuracy, quality, or reliability of any third-party content, advertisements, products, or banners featured on this site. For more details, please review our full terms and conditions / disclaimer.