The Story of Bitcoin Ekasi
summary
Project Bitcoin Ekasi converts an existing surf-and-tourism nonprofit into a local Bitcoin circular economy: salaries paid in Bitcoin to ~7–11 staff, merchant onboarding starting August 2021 so coaches can spend without fiat, and a rewards system for ~40 kids paid monthly. Daily users number 40–50, with 100–200 interacting weekly/monthly. Weekly community stipends run 6,000 SATs per household. The system sustains the business through sanctions and demonstrably works in practice.
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chapters (11)
- 0:00Introduction
- 1:26Personal journey and Bitcoin inspiration
- 3:53Tourism and Bitcoin adoption
- 5:19Nonprofit and youth programs
- 8:26Birth of Bitcoin Ekasi
- 9:50Building Bitcoin economy
- 13:00Community impacts
- 16:12Project scale and daily use
- 18:00Bitcoin for financial freedom
- 19:46Support and visit Bitcoin Ekasi
- 20:49South Africa Bitcoin communities
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