At the foot of the contract. Go up. Ok. Now this is the future site of the coin city. Heres how it will look. Since the countries president the spent there. Well, its not clean. Now im taking version for just arriving. But a little lay down at the mattress. Uh, got a little micro kitchen just to uh, the one man will. Citadel hut is no front door and its pretty safe around here. I havent seen a bad guy since since ive been here. And so i, in oregon, sleep out on the beach or youre just, you know, theres, theres no trouble or your worries washer. The 30 i, my names corbin keegan, of the coin narrow the 1st residence of the coin city. The recording here in el salvador is the beacon of light, and hope for the queen. Fix is not just the money, but everything built on the money. The here in guatemala lake got to find is style and big queen mining is the solution. All of that material is waste, that can be turned into energy that can be turned into decline. The last thing about the contract. Well, no. So no one knew el salvador before. Lots of us are only here because of it pointing because its an opportunity for Global Economic collaboration i inhabit wheres the goal is to go, but its a business for the lead. I think its the Poor Community to have the lease to gain from an Economic System like this. So when you talk about the inside of the it is related to deep clean well is to be clean, easily bad, and so your country. So thats whats happening right now. Were here for with a big cleaners. Bringing this to the people im explaining what a great opportunity theres the water model here in front of such a look. To big corners, one to shake things on chores long face small town on the volcanic like to live with its picturesque landscapes. Im strong in teaching this culture. This is elia saw a k. Hi. Hello. Hello. How are you . Im just getting the oil that pay the whole drying oil that will turn into a new big coins. Lets go to completely a couple of cases. A big problem in guatemala. If we dont collect the oil, people will just chuck it somewhere which is sent to the environment. So this is the me im being that because when it rains, it goes right into the lake. By the next im in the i live. Now we have a solution for that. And well, its incredible a while as a unit in the backyard next to a car repair shop is a boom. A home made bitcoin machine and he has a key hi wants to use it to mind digital goals. First, the filters food residues down to the Old Cooking Oil and then its ready to fuel the own diesel machine. The electricity generated power, small compute, does which perform cryptographic operations for the Global Bitcoin block chain in return, they receive small sums of big coins. At least one mines about 3. 00 a day. They dont run the billing, but 3. 00 plus about 1. 00 a day on this one. Im happy. I can pay for my coffee in victoria where youre living right next to boom is prime on your site. Most people, im a musician, a very sacrament. When trump bass drums keyboard, but when the violin, he doesnt understand why it has to be so noisy here. I keep telling them to get a muffler, then it will be quieter. Americana. Ill probably be going. Creating bit coins from waste was an idea that area is the case high going from patrick meld. Uh well this is what i call the hit are all covered in vines and in foliage. And if you look at whats going on here, weve got the necessary ingredients to break down organic waste and create methane. And for our purposes, we would capture this methane and flare it create energy and mine big point. The organic waste bonds has been inactive for yes. Connecting it to the grid is too expensive, so wasteful to adjust the flow has passed, it could be coins from the same mining. Finally get it up and running. This is low hanging fruit for a to help the community. And again, its just another demonstration that big coined is the only thing that could come in here and fix this problem. The next level would be the solid waste facility, and then we have created a real Virtuous Cycle of taking waste and creating bitcoin and improving the economy and proving that community and protecting the environment. Patrick mount came here from the us as a christian missionary. Now he leads the logo, bitcoin project with the same zeal. I have a lot for this community. I love her guatemala and i love to help people. So if i have a tool that can be used to help people, then you know why not, why not do that . Most people here have no bank account and dont save money. These to want to change that. Theyve already convinced trump keep up a, treat the toner soon in the past, but if she had spec cash, she used it to buy more stock. Now she has a big calling, wallet, a new customers. They scanned the coupon code and big coins land in her wallet on the block chain, and the itd be clements and were going to put this on a form of a name thats been calling is great and its, its a way of investing more. Patrick told us that the cost was actually a high, but if i regularly invest some of the process, ill have more life. Okay. Can 7 moseley invest . These will not because at some point maybe not now, but even a year or 2. The price could explode or sales for the fix plus that yeah, this looks like a orange pill. Someone is due on both them to bid calling. Here we go. Is that how are you waiting . It is here me and im going to say yes, i dont know. Im eli is from the like a big going project is dealing between makes practical sense for your business list. Why . Because you get a lot of tourists from the us and the rest of the world, those they pay with visa or mastercard. And those Companies Get a 5 to 8 Percent Commission seeing its different with the point. The customers can send you money directly without commission the blue stay the middle in the night coming soon. The motorcycle rental company is skeptical in 2021 l sounds. It all became the 1st country to accept big coins as legal 10 to jeff got us is a big coin out from germany. These parts of a german delegation touring through bitcoin country. Theres a big conference coming out. Thats a special thing about bitcoin. Yeah, theres no headquarters in state, and so there are conferences where people meet from and bring this internet culture into the real world. And and el salvador is really special because its a whole country that except to be going to physically put executed. So its like one big laboratory level, actually off to one failed attempt. He pays and bid coins. Now its worked. This is jessica thomass 2nd visit. Ever since l sounds little adaptive bit coined as a currency. Its been a promised land, a bit coin is. What about the locals today, shatt and this euphoria lets go the number and speak the funds to Opinion Assembly journalist from el salvador and kind of human this. It seems the state of emergency independent journalism has become increasingly dangerous. I mean that there are threats and restrictions when theres some people why it happens in spite on the domestic the one boy that saw the roll, your late be when the whole big coin thing started in 2021. The government loans to be campaign to say we were on the way to becoming a will. The can only pallet as the 1st country to implement between the atlas for saturday, for the medical, you have it on september 17 and by the one year anniversary, the government didnt say a single word about paid coins here. You know what . We have no, nothing. And thats all up allowed. Why not . And why . You know, sort of living in 2022 after a spike in homicides both are, it is declared. The state of emergency in el salvador victo opinion takes us to posit limited in the hall to the capitals and salvador to see some of the effects. The bi mahoney you know, were going to kind of black market. The goods, the sale here are often obtained at least at least not a heavy leasing that way, but thats a form of trade that many people here depend on to get their living. And yes, if i more to him that guess well see. So theres a black market right in the city center until recently, it was a very dangerous place to visit l. Sounds. Little is one of the highest rates of Gang Violence in the well, since declaring a state of emergency, the government has imprisoned over 66000 ledger gang members without valid trials or something. There was always conflict here on the games used to clash with each other, but thats pretty much over now. When we all know, so in a way the government is doing a good job. Because theyre trying to do something good for the people of a window, but a but equivalent. But lots of people are having a hard time because theyre innocent. Relatives are in prison when they doesnt seem to might as well because india models will finance as you know, was implemented in the wall on games. Most security comes at the cost of basic human rights. The big calling revolution is on how the state speed calling quality chiva is being launch leah band. Only a few locals use it and then was in the cooling. Yes, we have the it was doing pretty well in the beginning, but less so lightly. I dont know why the problem is little sign a bit calling you for you in the center of sense. Solve it. On the next morning, we had to one of the forest regions in the country, the president s, high profile. The project is underway here. Bitcoin mining using volcanic energy, the journalist victo opinion, wants to find out if locals will benefit from the projects he meets with Community Leaders in the municipality of that, in all hello, nice to meet you to was, im victo opinion, but i thought it was its a great place you on them to spell out on the way to one of the nearby villages. Oscar velasquez wants to show us something. Thats why reading people i fear it is this when up a lot of the in it in the here you, thats the power station with their developing. The big coins is a raw material. Says the government, the but as a community, we dont really know whats going on here quite a bit, but of course events. And were the ones who could end up suffering negative consequences in mr. Legato, if there are profits and how will they be distributed among the citizens in the end . Thats the most important thing, and this will close the well. Again, im looking for a bunch of, you know, there are room is of money coming in. That will be very welcome in this impoverished region, the, the big calling base comp inside sales at all. And were leaving now. So think about the big coin delegation. Hes also heading to banning on an exclusive visit to the cios to him all power plants. If you dont see a Geothermal Power plant like this every day, all those pipes and the steam power coming out of the mountain and also getting to see how its use directly from mining. Theres at least one mine in there. Maybe theyve even expanded the mining operators and then theyll see mining parts on pacific subjects. Visitors are rarely allowed inside the power plants. Geothermal energy is an important source of power for the country. Heat from the nearby volcanoes, tens ground water into steam, which drives turbines to generate green electricity. President. Now your book kayla has promised that this kind of green energy will supply bitcoin city. This would make green Bitcoin Mining possible. Jeff got us because already visited this site last year were allowed to look inside, but he wont tell us which devices are in there with the current cash rate is on the network or how much is already been mined. Thats all classified for the society or to push me updates on such as buying, right. Lets see if we see anything. Its not over yet. Here we go. The, a few kilometers away. We learned about Living Conditions here. When, how many families lived here . There are 76 families in the community. I see. So no one has running more sense is what im no, theres no, well here the community, you collect the rain going to in this rusty tank. This is dan drinking water. Soon. It will be the dry season and ive had the thank goodness we havent had any terrible diseases of the items that i have. The children sometimes get diarrhea from the water. But i mean, hold on, lets see. Oh, where, what to improve the situation wed need support from a governmental or non Governmental Institution and im and i dont know what that means that you cannot for you at especially when the tank gets empty and the landline. Thank you. It. The net one that you would like to have a proper Water Pipeline so that the families will always have supplies that, that have been, if you see on the left a minute in the middle of this last forest. More to isnt luxury. Families live here with minimal infrastructure. No sewage systems, no paved roads rationing is common. The why is there a lot . You think its it just on peoples feeling the water for the rest. You want the only open the tap when we hand out the water rations. If that if somebody will lie, i can for someone else will not allow a full pockets. So going to pass timely day in dry months, even less. Some of the energy generated at the g as the old power plant goes towards a bitcoin mine on site. The delegation wants to know how many big coins are being mind with the computers here, but they only get a quick look inside a no answers. The projected have nothing has changed compared to last year. Well try to analyze it a bit more later from the photos and videos. We know roughly whats going on here. No big limits that much. Were kind of a year ago, president to kayla county das demo mining is the Key Technology for the big calling. Nice ation of the country. Today, the project feels neglected, an ultra modern potemkin village. Back in the real village with a sanchez family, douglas and his wife have raised 7 daughters and several grandchildren without access to clean drinking water. He also has rain water with sugar to his gas. The vic to penya pretends to drink, to politeness sees this case and sure the water is also said to help with anxiety, a little buckle. He didnt just what it was to go now. Still has a side of the mountains that gets a bang, im going to call you here about is how these bitcoin profits are going to solve the countries problem. And okay, so, but now i cant get it. Im okay and, and maybe something well change that and put a hand blow to breath. And if its true that it will support a lot of projects, thats great. And not one thing that for the eco eh, city, when, if i know that i dont want to be selfish about that, but we have a real emergency here with drinking. Why . The number one to many hands figured out. I wonder pick from that one for 5 me or without the Infrastructure InvestmentDouglas Center says grand. Some will also grow up without running water. Victo opinion, doubts the bitcoin will help with that. What are you at the ending but its what needs to maybe it will help the be investors and the government itself. Everyone who believes in and promotes these between religion and miss beverly, but i dont think it will help communities like these. At least i dont see a plan that also takes to pull people into account and see what i want to say. I know somebody okay out of it really gets to me it hurts to see children in these conditions, especially because i have a daughter bad by identifying with the work the. I always say that i do this work because i have the advantage of seeing these needs. I was right on the front line. They give me a for i see, but it really get us to meet the federal motor. Bam. Which of the middle of the family gioviatto its just painful to see children having to lift like this and pick on wants them. Okay. And whats your basis . I want to give these people avoiding sort of expensive and people whos being condemned to silence since the stone, you know, then sealants, god, they make the comments that on your cut. Ok. I think i can bridge the gap here so important that but i, so thats why im doing everything i can to tell the story other than the boy that did that. And he started with the facts in guatemala, patrick nelda and l. E. As uh, us case hi has set up a bit calling wallets for the stuff of a motorcycle rental company. Are you list . Im going to the metal mini lukea sending you money right now. You know, say yes, reach to transactions there instantaneous. Sometimes 1 dollar. And where can i withdraw this in cash . Just so you can move it on like a human atm. You call me and ill give you the money. Youll bank, give me beat coins and ill give you cash. Its very simple. And we dont charge you anything for the exchange, so know, quarter or more we want to in a very exciting and once people understand how it works, everyone move on to use the coating. I have some dallas right now, but ill have to discuss it with the boss 1st. Lets see. Looks interesting, but im not totally sure. Especially because the value fluctuate so much more like sunrise impact such as the st. Dogs, a waking up i patrick belda is speaking at the school. Today. Were going to introduce the new bitcoin coursework. Me put him out of decline, and 3 d printer. Its going to be exciting. The children at these private school as opposed to learn about bitcoin. And why its important for them. Well, welcome, everybody. Big point is a, is a money. Okay. Just like what i have in my pocket, get some money. Thats paper money. See i, and big point is a digital mind. What was the level go . Lets talk about food cooling. Be recording is digital money. He said, is goal is that is a key hi. Translates because patrick meld, it doesnt spill down. It is the middle of the heat, the, the difference between this and this is the government says, this is worth something. But the government says, this isnt worth anything. I can buy hundreds of these pads and, and make as much of this as if i wanted to predicate zone is i could make it make as much of it as i want it to. Thats essentially what the governments doing with the gets out bit coins is my goal. Its what we call digital volt. You can start saving it now, so that when youre older and you have much greater well, proponents came the big calling based Development Age would help reduce dependence on the global know that this or ptolemy would create sustainable prosperity. Everyone trusts these grand promises. Being too many the incense sounds i dont. Jeff gallus countys delegation are about to attend an event at the ministry. El salvador native nelson, you know, is also joining them. The event is geared towards bitcoin us, but the dig attached to it, im excited to hear about the Digital Strategy of so there are still some unanswered questions, even from last year. Whats going on with bitcoin city . Whats planned, whats happening in my experience, we can ask, im pretty open questions at these meetings and also talk to the experts and the answer to the best of their knowledge. Nelson n o has lived in germany for several years. He hopes bitcoin can help his native country. Im have gotten a year and a half ago, i only to have bills out the door some way to visit because my parents lived here before i started cc. How much then business develop . Really, lots of people are saying that al salvador could eventually become a country like samples. And i see that the opportunities, the math i can see. But we have very big challenge and also to them. Nelson, you know, is looking forward to getting new information from the government, just like everyone else here. The minister of the economy has canceled Fund President boot kayla is causing will speak. She gives the same presentation about big calling as long as the city. Is there a timeframe or she will detail that when you go to bills, things like the do all the benefits needed to our city about city. We do not have a try to be creative. We have like projects bitcoin as a starting to wonder how seriously the government is taking the big calling project as well. And slides, lots of, i dont think the slides or the lecture provided any answers about how this is going to be implemented. Or a time frame of when it will all take place. The question is, whats really behind this . Is this just made for investors . What will come of you in the end possibly that. So the question we turn to one of the countries most critical economic voices. Tatiana moto keen, well, i know how are you, are you saying . Yeah, i have a pretty bad fever, but i hope will be better and 2 days. Then we can skype and peace. Generally civic to opinion wants to show us how many people in el salvador and money la, my already i left for lets see on this device. And not most people here dont have a formal joke, no steady monthly income. So they subsist, they search as we say here. So please set i woke up one more thing when we arrive at the traditional Capital Market in the east of the country. The data hadnt been data 99. The people know me thought of you want to understand the economic dynamics of these country. This is the reality. People get up very early on the drive for 4 hours just to buy and sell capital. Thats what i would have been very compressed. So then thatll victor opinion has been used documenting these Capital Markets for authentic projects. Business here is a cash in hand. Any bell rebates is a professional high blood . Hey, whats that one worth back there . Im going in. Lots of strong animals. Get that itll give me 10 more. Ill forget it. Ill go over there. Every dona is handled over the Profit Margins us me and have to sprint fund a brand. See you video like the 1600. 00 for it . Oh no. 15 type between . No, no, its not worth anything here. Its not for them or you dont know what it is. They say this money is in circulation, but it doesnt work here. I get on the we want dollars. These nice dont trade is dont like the idea of the coins. The land fitness of people need to smell the money to feel it in their hands. And so they show they can use it. How they had it in the middle got on the the cape when thats how the local economies built in the end of the month. Its, i think almost across between has nice male yellow kind of itd be going no way back to the ministry. The big polinos confront the governments about the crash at the crypto exchange, f t x. They want to know if they turn to page coins are affected on says a not to bolt coming, goes down. Those are the big going on. Hes only running away from exchange for exchange. Unfortunately, we dont have that time. You have to come back for you that some people come to the discussions of those to Network Beach calling in the state. And it really was the question. Theres a culture clash between bitcoin culture and politics. Give them bitcoin is very open and transparent and its critical in the sense of being the scientifically inquisitive and big corners of people who are very open and honest, who want answers to everything. And in general, politicians are people who just say whatever they need to, when in doubt, theyll say they dont, you know, rather than giving an honest answer us secretary, ba bye sufficient the, we ask economies, tatiana model keen walk. She thinks after yeah, a big going hello. The promise was financially inclusion. Thats what the between law says. We can actually see that theres no benefit in financial inclusion, not for people leaving inside of our and not for people being outside and send them. Remington stores have both, its actually too risky. And i think its the same reason why people in several ways not using it. The state gave every citizen a want it to big going was 30. 00. When tatiana opened, has she saw her account was already being used, it was stolen. Yes. The Beach Cleaning is solid, bellowed its representation of how the government act. Like hiding a lot of information and they do things from one day to the other. And if you, as a citizen, criticize some of the things or the details about what they are doing, they actually harass you. So yeah, there are a lot of jordan, a lease that has the gases. I have big as to spies software on her cell phone installed by of government. The fact that its not you and its an important thing for the long ago bitcoin project. The biggest challenge is raising the money and were in a barrel market right now. And when were in a barrel market excitement and enthusiasm about investing a bit going projects just kind of goes down naturally as you would expect. And so it, because of that its, its super challenging. Yeah. Patrick, mount the has invited big pointers from all over the world, possibly because he urgency needs investors. That above all, he needs publicity. But his mining from waste projects, the prototype has to we know that his gas, Bitcoin Mining for environmental protection, sounds good, but can it be implemented on a large scale . Everyone here knows that boom only generates tiny sums of money because i have 3 electricity. I think its great. Yeah, i dont know how well it scales off, but its a fantastic issue. They say they make money here, but i dont see any come out. Sorry, so thanks for coming in and see. Yeah, it looks junky. It looks homemade because it is what, what weve demonstrated here is a proof of concept. Theres a reason, theres no wind or solar capacity here because its too expensive. Its waste from population centers. Okay, what can we do at the lowest cost denominator, the cheapest way possible to get mining going in and financial, and this is, this is, it just makes perfect sense for decentralizing mining and hash big point networks. And this is a way to bring in developing countries in the global so to be a part of this revolution. Not just creating a big point, circular economy where people bring a big horn, but actually bring the technology, which is super, super excited. Now that theyve seen the prototype, its time for the main project, the heading into the mountains to a huge dumpsite. The todays on sounds, it all begins hosting, one of the most important bits, calling conferences in the wells, adopting bitcoin j one guy. And this is partly about how you promote the adoption of bitcoin. How you get that out to the people. Oh, salvador is a permanent starting point, of course, because its already relevant here in practical terms. But its also about how to make a big claim better and faster and see best on shadow. Hundreds of big calling is entrepreneurs and developers have arrived on dont age by price drops in the past few months. The conferences focus is on making big calling more accessible. Jeff, kansas is sharing a panel on the topic the while they discussed technical problems on stage. Others up busy network the necessary nelson in other things, theres being too little education so far hes developed to tutorial, to help with that. Give me a community. We need more ways of showing between to the people who need it most. And these are not the people who come here from europe or north america. Its the cell, the door and food have the opportunity to use between every day the get. In fact, the movie type hobbies stay on the students and indeed us, they stay in loan you on at the other end of the country, victo opinion visits the place where bitcoin city is set to be built, the knock it out like a hint, then theyll get us one. Yeah. And its not that people dont want to drain, but we con dream. It 1st well projects when we dont have the basic education pearl seem like on the last thing that weve got cooler access to health care. And they can all make policies a bankrupt. So what do you think i have going on . Because its done in cuba. Theres no sign of the mega project, but im at the old president promised a new airport as a connection to be cohen c. C. From the promise to pacific train from me, he promised a bridge for the last 2 of those highway of charles. He promised to stadium that you, but we havent seen any of it so fun. When will be spent on the tape, what is the lucky enough . Could you imagine going abroad if the political situation continues like this . Alex here and so if so could ok, the informal you dont want to can. Only time will tell us that the aggressions into tax are getting worse and more threatening kind of in my flight up there. Cause how many lesson. And because im a pessimist, i think well have to go that way eventually. Good. Ok. Whos coming . Look at them. Then look at them and in that little moment, is that ok . But wherever i go, i still work because the journal entry will. Yes. And youre not seeing the daily, the max kaiser has advised el salvador was president. The, the conference comes to an end. There was a lot of talk about freedom and sovereignty and little about the situation in the country. The current state of emergency wasnt discussed on any panel in any of the individuals in here. We were at a big between conference and were not here to talk about the human rights situation in el salvador. I think when you, when those salvatore, you have to take off the european glasses book and try to observe it as impartially as possible. As much as a drawing of own conclusions. When done. Listen, i mean were not politicians either. Were individuals who have come together here out of and that was the as him forbid coins. Ill answer the mentioned, you know, and right now its working and those salvatore and maybe theyll come a point when it doesnt work anymore. I dont have any definite answers either. Several can, including on bitcoin, in el salvador today seems like more of a symbol than a payment system. It means very Different Things to different people. For some, its the dawn of a digital future. For others, it sounds more like another wild goose chase, the, its a final stop in guatemala. The plan here is to, to, and trash into digital goals and help finding the tackle of the trash problem in kind of such as the well, i came what the, my very sense to see how trash hes managed here in guatemala with is the biggest cities youd see 100. 00 times moles which will eat the sad thing is that doubtful of patients dont care about anything course, and those are but a coupon for the there are people who leave of trash. I shouldnt that give you the, the lowest with when it rains this just pours down seats into the water shed. And then if you get over here, all of this trash in some form, all the contaminants are coming out of this landfill down into the water shed and into the lake. And thats, thats the problem that were trying to solve. Patrick mount the wants to build a plan to the waste, salting, and bio gas. Hell make it profitable by using the electricity generates to mind big coins, a multi 1000000. 00 project. And our model, we want to take some of that bit, going to decentralize basic income and put it back into the community because this is, this is their waste. So they have a right to retain that, that benefit, that goal. You know, when the spaniards in europe hands were here 4 to 500 years ago, they took all the goals from the land. Massive transfer wells from Central South America took it to europe and the coins digital gold and the digital go, it doesnt look like gold, but its Energy Digital gold and we want it to stay here in central and south america. Theres certainly no lack of vision among bitcoin is in latin america. They want to believe that they coin will help everyone but have these digital minus drunk goals of fools go. 6 6 6 6 6 6 6 6 so the swimming mirror to combat Water Pollution in gonna protest, im choice, swimming to the whole to river for 450 kilometers. Accompanied by scientists. Will her demonstration be a successful one . Eco, for 30 minutes on the be political in this great for investing the theme, the fees. Everyone here just wants to get into bit corner. They are known as the queen, arrows, digital, gold, diggers. Investors from all over are moving to latin america in search of been going treasure. Nowhere is the crypto currency bounded more highly than here. But for many, the frenzy ends in ruins. Bitcoin in latin america starts august 18th on d. W. The. This is definitely news live from the that the latest that the us, japan and south korea made for a historic 3 way summit. President bond and 16th of military and economic ties to cabbage china as rise from the enemies of japan and south korea, plates to cooperate, to combat regional for also on the present west african countries prepared for an armed intervention in the shit. The plans put forward by a car wash to and last months crew by force could be halted by other african countries. Firefighters in canada as Northwest Territories are fighting to keep the city appealing