This From The Ground report is gold. Stephen DeLorme checked out El Salvador and got the details we required. He spoke with genuine individuals, explore various wallets, went to all sort of commerces. His story has plenty of the confusion and angst that being the leader brings. El Salvador is going where no nation has actually preceded. Its residents remain in for the trip, however, most of the times involuntarily and without adequate details. How would they understand Bitcoin is the very best possession ever produced?
Related Reading | From The Ground: The “Bitcoin In El Salvador” Documentary, What Did We Learn?
But initially, who’s Stephen DeLorme? He’s “a designer and front-end developer working on Bitcoin.” He’s part of the Bitcoin Design Community that produced the sensational Bitcoin Design Guide we covered a while back. “I focus my efforts on crafting UX best practices for Lightning network applications. I received a grant from Square Crypto so that I would be able to work on this full-time,” he informs us through his blog site.
DeLorme’s Adventures In El Salvador
The story starts at El Salvador’s airport. He consumes at a dining establishment there, and we instantly observe that Bitcoin adoption is not as advanced as we believed. “I asked if I could pay with Bitcoin, and they said no, so I opted for credit card.” In the federal government’s centers, they accept Bitcoin. However, other obstacles wait for.
“My very first effort to pay with Zeus stopped working — I don’t totally remember the mistake message I got, as I was more concentrated on browsing my with through Customs.
I took out Strike so that I would not hold up any lines. That worked immediately. She printed out a Chivo invoice for me.”
In the hotel, they need to call another staff member for him to pay in Bitcoin. However, the lady who comes appears to understand her things. “She whipped out a phone with Wallet of Satoshi and took my payment that way. We chatted for a few minutes about Bitcoin adoption in her country. She described herself as “very pro-Bitcoin”. She stated she fidgeted when she initially became aware of it, once someone “took 3 minutes” to reveal her how to utilize a wallet, she was onboard with the concept.” Then, something wonderful occurs:
“I asked her how other people in the country felt. She said that she feels the people who are opposed to Bitcoin do not understand it. She also pointed out that there are many people who do not have access to smartphones in the country; I said something like “that must be scary for them, if they feel like the rest of the country is adopting this new thing without them and leaving them behind” and she concurred.”
Have you ever thought of that? It MUST be frightening for them. Consider that the next time you become aware of an Anti-Bitcoin demonstration.
BTC cost chart for 12/03/2021 on Bitstamp | Source: BTC/USD on TradingView.com
Highlights About DeLorme’s First Days
- He went to a Mi Primer Bitcoin Meetup and explained the group as, “they are trying to teach people how to use Bitcoin wallets in their daily lives.” He likewise notify us that they’re “recommending Muun to many people for its easy UX.”
- DeLorme ponders, “Some individuals have a hard time separating their viewpoints about Bitcoin from their viewpoints about Nayib Bukele.
- Some wallets showed video camera issues. “Their wallets could not seem to focus on the QR code for the LN invoice from the waiter (who used IBEX Mercado). Interestingly enough, their phones could focus on QR codes using other camera apps.”
- The commerces that accepted Bitcoin, normally did it through a different point of sale than all other payments. “A designated person who has a smartphone and is trained to take the BTC payment, or perhaps a dedicated POS terminal separate from the other POS terminals.”
- Word to the smart. “If you would like to pay with bitcoin in El Salvador, announce your intention at the beginning of the transaction, before the cashier has started punching in your purchase at the POS.”
The Source Of Salvadorans Fears About Bitcoin
This is an insight that clarifies a lot. It discusses a few of the apprehension Salvadorans have when it pertains to Bitcoin. Apparently, when El Salvador embraced the Dollar:
“People were told that colons and dollars would both be maintained as legal tender moving forward. That ended up not being the case; the colon was eventually phased out. For many people who lived in SV during that time period, this brings back bad memories.”
Related Reading | From The Ground: Salvadoran Tells Us Exactly What’s Going On In Bitcoin Country
Are Salvadorans scared this might take place once again? They most likely are. However, there’s a light at the end of the tunnel. And that light is Bitcoin. “Something that they think Chivo does well, which is show USD and BTC balances side by side. This helps people to easily understand that they can hold both dollars and bitcoin.” However, the issues that we showcased in a previous From The Ground report continue.
”Some have actually had concerns when sending out from a non-custodial LN wallet to Chivo. One male explained sending out from BlueWallet to Chivo. His funds are no longer in his wallet, however the Chivo wallet never ever got the funds.”
As you can see, Stephen DeLorme is offering us absolutely nothing however gold. Come back tomorrow for another dosage, this male’s story is no place near over.
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