At the foot of the contract. Go up. Ok, now. This is the future site of the coins city. Heres how it will look. Since the countries president s, the steps there. Well, its not clean up and i can search for just arriving. Uh, but uh, a little uh, lay down the uh mattress. Uh, got a little micro kitchen just to, uh, the one man will. Citadel hunt no front door. Um 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 it just, you know theres, theres no trouble or worries. Was it the 30 the time . My names corbin. Keegan, elder quintero. The 1st resident of the coin city. The e mail, salvador is the beacon of light and hope for the queen. 6 is not just the money, but everything built on the money. The here in guatemala lake, got you, the line is dying. And big coin mining is the solution. All of that material is waste. That can be turned into energy that can be turned into decline the positive outcomes. Almost no one knew el salvador before. Lots of us are only here because of it pointing because its an opportunity for a Global Economic collaboration i inhabit where settled when they go. So, but its a business for the elite, i think its the poor is the community. So you have the lease to gain from an Economic System like this. But i think the point for when you talk about the chat about it is related to the point. Well, it can 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 and the tia and vanessa challenge to bitcoin is one to shake things on tours. Loved very small town on the volcanic like that. It lines, but its picturesque landscapes. Im strong in teaching this culture. This is l e s k. Hi. Hello. Hello, how are you . Great, im just getting the oil pretty old frying oil that will turn into a new big coins to be. Lets go to completed a couple of cases. A big problem in guatemala normal. If we dont collect the oil, people will just chuck it some way, which is fine for the environment. The symposium i bought in may, im being that because when it rains, it goes right into the lake. By the next, im in the i live on that. Now we have a solution for that. And well, its incredible. It was in the unit in the backyard next to a car repair shop is car boom. Who made bitcoin machine and he has a t. Hi. Once to use it to mind digital goals, 1st, the filters food read that you use out of the Old Cooking Oil and then its ready to fuel the own diesel machine. The electricity generated power, small computers, which perform cryptographic operations for the Global Bitcoin brokercheck. In return, they receive small sums of bit coins at least one minds about 3. 00 a day, one on the whole. They dont run out. Weve been dealing with you for 3. 00 plus about 1. 00 a day on this one. Im happy. I can tell you some like coffee inbetween where youre living right next to could boom is prime on your site. Most people, im a musician, various instruments with trumpet, 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 wed be going. Creating bit coins from waste was an idea that areas are key high going from patrick meld. Uh, well this is what i call the hit. Are all covered in vines and, and 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 in mind. Bit going, the organic waste ponce has been inactive for yes. Can i to get to the grid is too expensive. So waste water just flows past it. Could big coins from me saying mining finally get it up and running. This is low hanging fruit for us to help the community. And again, its just another demonstration that big coin 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, a real Virtuous Cycle of taking waste and creating pick point and improving the economy and proving that community and protecting the environment, patrick mailed, i came here from the us as a christian missionary, now he leads the logo, bitcoin project with the same zeal. I have a love 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 Accounts and done save money. These to want to change that. Theyve already convinced shop, keep up a, treat, the toner so 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 pick coins with land. And while its 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 a way of investing more patrick told us that the price was actually a have. But if i regularly invest some of the process ill have more life. Okay. Can then mosley invest these or not . Because at some point, maybe not now, but even a year or 2, the price could explode or sales for the explicit yeah, this looks like a orange pill. Someone is due on both them to be calling. Every goal is that how are you waiting . The phone is emmy normally say yes, i dont know. Im eli is from the like a big calling project that has to be cool and makes practical sense for your business list. Why . Because you get a lot of tourists from the us and the rest of the world goes, they pay with visa or mastercard, and those Companies Get a 5 to 8 percent commission. Seeing its different, wed be pulling, the customers can send you money directly without commission bowman w. Stay in the middle. In the night, 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 instead, and so they were conferences with people meet them 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, a toy off to one failed attempt he pays in big coined. So now its worked. This is jeff kinda says 2nd visit ever since l sounds little dump too big coin as a currency. Its been a promised land, a big coin is what about the locals today, shatt and this euphoria lets go the number and speak the im think to opinion, said the 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 its happening in spite on till next. The one boy that saw the girl you are the 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 no make power as the 1st country to implement be going the i list it for said if we made a place to be put on september 7th, and then by the one year anniversary, the government didnt say a single word about the big coins here. You know, we had a know nothing and thats all up allowed. Why not . 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 is were going to kind of black market. The goods, the sale here are often obtained illicitly, 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 gets, well see. So thats a black market right in a city center. Until recently, it was a very dangerous place to visit. El salvador is one of the highest rates of Gang Violence in the well. Since declaring a state of emergency, the government has imprisoned over 66000 village 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, sent them into the wall on games. Most security comes at the cost of basic human rights to be clean. Revolution is on hold. The states beat calling while it chiva has been largely abandoned. Only a few locals use it 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 san salvador. The next morning we had to one of the porous 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 was told its a great place you on the, on the way to one of the nearby villages all scovella ask is, wants to show us something thats worrying people. I fear it is this one up along the in, in the here you are, thats the power station where theyre developing the good coins is a raw material. Says the government, the but as a community, we dont really know whats going on it quite april 0. 40, and were the ones who could end up suffering negative consequences. And mr. Legato, if there are profits and how would they be distributed among the citizens in the end . Thats the most important thing, and they say, well, you know, my import a bunch of, you know, there are room is of money coming in. That will be very welcome in this impoverished region, the, the bitcoin at the base comp, incense sounds at all. And were leaving now. So think about the big coin delegation is also heading, depending on an exclusive visit to the goes to them all power plants. So if you dont see a Geothermal Power plant like this every day, all those pipes and miss themes, the 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 that they all see mining puts 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 you have to 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 classify my part of 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. A few kilometers away. We learn about Living Conditions here. When, how many families live here . There are 76 families in the community. I see. So no one has running more sense. Theres no theres no, well here, the community, you collect the rain going to in this rusty tank. This is bad drinking water. Soon. It will be the dry season. Music ive had here. Thank goodness we havent had any terrible diseases. I mean i can, but i have the children sometimes get diarrhea from the water, but im a harder unless you pass the own way. But to improve the situation, wed need support from a governmental or non Governmental Institution and i dont know what 11000 and that for you at, especially when the tank gets empty on the lower line. Thank you. It. The net one that you would like to have a proper Water Pipeline so that the families wouldnt always have supplies that have been if you see on the left, i mean in the middle of this last forest. Water 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 a just on peoples feeling, the water for the rest. You want the only open the tap when we hand out the water rations. If the, if someone would lie. A 2nd for someone else who will not allow a fall pocket. So going to pass family day in dry months, even less. Some of the energy generated at the g as the mold power plant goes towards a bitcoin mine on site. The delegation wants to know how many big coins are being mined 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 of the kind of a you ever go president to kayla county das dental 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 wont always feel good to his guest. 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. See then just most likely to go. Now the topic a going back on that is that gets to the thing im going to call you here about is how these bitcoin profits are going to solve the countries problem. Me and look at some point now i cant get that. Im yeah, yeah. And, and maybe something well change it on the for the see you put a hand blow super heavy, but its true that it will support a lot of projects. Thats great and not one from the political a 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 of them that i had to check it out. I wonder fixed and i work for family a little without the infrastructure. Investment Douglas 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 big 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. But 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 feeling that may work, but i always say that i do this work because i have the advantage of seeing these needs. I was right on the front lines i was i have the advantage of seeing these needs. I was right on the front lines. I soon enough what i say, but it really get us to meet necessity that the payment. I mean the up, it may go to the family, chill the middle of the family gioviatto, its just painful to say children and having to live like this and pick on wants them. Okay. And whats the basis . I want to give these people avoiding sort of too expensive and people who are being condemned to silence since the stone, you know, then sealants, god, if they could come and settled your could. Ok, i think i can bridge the gap here. So important that but i so thats why im doing everything. I can to tell that story along the way that the one that he started with the facts in what patrick nelda is. Uh us case, i have set up a bit calling. Want it for the stock of a motorcycle rental company. Are you list . Im going to the metal mary lou key sending you money right now. You know say yes. Reach to transactions there. Instantaneous. And then 1. 00. 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 no quarter or more we want to in a very exciting and once people understand how it works, everyone move on to use the coding. I have some doubts 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 the sunrise in kind of chance. The st. Dogs, a waking up a patrick nelda is speaking at a 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 are supposed to learn about bitcoin and why its important for them. Well, welcome, everybody. Big point is a, is a month. Okay, just like what i have in my pocket, just some money. Thats paper money. And big point is a digital month. Almost a little book. Lets talk about big cooling the recording is digital money. He said, is cool is that is a key hi. Translates because patrick mailed 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 a, if i wanted to predicate zone is i could make it make as much of it as i wanted to. Thats essentially what the governments doing with the gets a bit coined is my goal, its what we call digital gold. You can start saving it now, so that when youre older, uh you have much greater well. Proponents came the big calling based Development Age would help reduce dependence on the global no. And that this or tommy would create sustainable prosperity will to everyone trust these grand promises. Being too many the incense sounds. I dont, jeff got a, some counties 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 in the old 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 got him a year and a half ago, i only talked to bill salvador 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 salvatore could eventually become a country like seeing a pull of that. And i see that the opportunities, the math i can see. But we have very big challenge and also to them. Nelson inno is looking forward to getting new information from the government, just like everyone else here. The minister of the economy has cancelled 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 the city about which city we do not have and try to be created. We have like projects, faith calling. This is starting to wonder how seriously the government is taking the big calling project. As well as the flights of steps. I dont think the slides are 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 questionnaire 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 model 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. Journalist victo 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 said i wont got one more thing when we arrive at the traditional Capital Market in the east of the country. The data hadnt been there. Not even that many people know me, that you want to understand the economic dynamics of these country, these, these, the reality people get up very early in some drive for 4 hours just to buy and sell capital. Thats what i would have been very confidence. So the novel victor opinion has been used documenting these Capital Markets for a phone type project. Business here is a cash in hand. Any bell rebates is a professional hagler . Hey, whats that one worth back there . Im going in. Lots of strong animals. Get that it will 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 very oh no. The 15th, i think going, 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 the these lines 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. And theyve got on the they get when thats how the local economies built in the money. Its, i think almost of course big coin has nice male yellow. Itd be going no way back at the ministry. The big polinos confront the governments about the crash at the Crypto Exchange at the x. They want to know if the data and coins are affected on says a not both 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 beat calling and the state. And it really was difficult to then cash. Theres a culture clash between bitcoin culture and politics. Bitcoin is very open and transparent. People, its critical in the sense of being scientifically inquisitive. And big corners are 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 interprets how do you guys arent stuck the we ask economies, tatiana model keen watch. She thinks after a 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 february is not using it. The state gave every citizen a want it to a big going was 30. 00. When tatiana opened, has she saw her account was already being used. It was stolen. Yes. Be going into the sideboard. Its a 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 created size, some of the things are the details about what they are doing. They actually harass you. So yeah, there are a lot of journalists that has the gases. I have big as to the spice software on her cell phone installed, bye. Have a government the fact that kinda such an its an important thing for the logo, bitcoin project. The biggest challenge is raising the money and were in a barrel market right now. And when were in a barrel marking excitement and enthusiasm about investing them, bitcoin projects just kind of goes down naturally as you would expect. And so it, because of that its, its super challenging. Yeah. Patrick mailed the has invited big coin is from all over the world, possibly because he urgency needs investors. But above all, he needs popularity. But hes mining from waste project. 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 connected to the great 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. All right, so thanks for coming in. Yeah, it looks junky. It looks homemade because it is. But 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 and nominator 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 for the 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 issue each dumpsite the today sense sounds. It all begins hosting one of the most important bits calling conferences in the world, adopting bitcoin j one. And this is partly about how you promote the adoption of bit coins, 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. So instead of 100, so big going is entrepreneurs and developers have a right on dont age by price drops in the past few months, the conferences focus is on making big calling more accessible. Jeff comments is chairing a panel on the topic, the ball. They discussed technical problems on stage. Others up busy networking nelson in other things, theres been 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 the coin every day. The get. In fact, the movie tie probably stay on the students and indeed us, they stay in low new on the other end of the country, victo opinion visits the place where bitcoin city is set to be built, the most kind of like a hint, then theyll get us when young, it smells that people dont want to drain, but we can dream of 1st well projects when we dont have the basic education pearl seem like on the last say the week good core access to health care indeed cannot 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. The president promised a new airport as a connection to be coined c. C. From the promise to pacific train from it. 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 and will be spent on the 5th. What is the machine that could you imagine going abroad . If the political situation continues like this, alex here. So if so could open the informal you dont want to can. Only time will tell us how to be aggressions into tax are getting worse and more threatening color in my flip the coffee, how many lessons . And because im a pessimist, i think well have to go that way eventually get ok coming. Look at them, look at them. And in that one moment they dont care. But wherever i go, i still work as a journal entry. Well, yes. And youre not seeing the doing the, 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 this 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 of drawing our own conclusions when done. Listen, i mean were not politicians either specifically or individuals who have come together here other than that was the as him forbid coin. Ill answer the mentioned the, all right, now its working and those salvador and maybe theyll come a point when it doesnt work anymore. I dont have any definite answers either. Several can, including on board bitcoin, in el salvador today seems like more of a symbol than a payment system. They 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 time here is to ton trash into digital goals and help find the tackle the trash problem in kind of such as the a came what the my very sense to see how trash is managed here in guatemala. As long as we can see tvs, youd see 100 times more, which will eat the sad thing is that apple locations dont care about anything course. And those are but a coupon for them. Uh, there are people who leave off trash. I shouldnt think youd be the, the lowest would 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 plant for 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 big core into decentralized 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 new europeans were here 4 to 500 years ago, they took all the gold 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. 6 6 6 6 6 6 6 6 6 6 6 6 as the female stars, the theme knology both a k a donkey, darlene long term abm, w. A lot of health no fear, no limit, no mercy. In 13 minutes on dw curtis men and women have fled from it on to the mountains. Curtis, men and women have fled from it on to the mountains of neighboring dog. And hence, they are claiming for resistance against police seem to run what is driving them the dogs, curtis resistance to you know, as we seem to know, stopped in 19 minutes on d. W, the someone else to the cd highlighted selected for you, you every week. A new a box subscribe. Now sometimes a seed is all you need to allow big ideas to grow. Were bringing an Environmental Conservation to life with learning facts like global ideas. We will show you how Climate Change and Environmental Conservation is taking shape around the world and how we can make a difference. Knowledge grows through sharing, download it now for the, the, the, is the w news and these are our top stories in the us. Republicans are choosing their preferred nominees in the iowa president ial caucuses, while former President Donald Trump has a big lead in opinion polls a close contest for 2nd place is expected. 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