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Podcast: The Peter McCormack Show
Episode: Strike Launches in El Salvador with Jack Mallers, Miles Suter & Michael Peterson - WBD338
Description: Location: Remotely Date: Tuesday 6th April Company: Strike, Square Crypto & Bitcoin Beach Role: CEO, Bitcoin PM, FounderCIO Bitcoin Beach is an experiment set up by Michael Peterson, trying to help the people of El Salvador. The organisation built a Bitcoin economy in Punta Mango, a small beach town in El Salvador where local businesses now accept Bitcoin, creating a local Bitcoin circular economy. In rolling out bitcoin services in this part of El Salvador, the speed and cost of transacting on the base layer presented challenges. Migrating to using the Lightning Network...