This week, 44 central bankers from developing countries around the world are attending a conference in El Salvador to discuss financial inclusion, financing for small and medium-sized businesses and Bitcoin (BTC).
Central bank delegates from Ghana to Burundi, Jordan to the Maldives and Pakistan to Costa Rica arrived in San Salvador for the conference upon El SalvadorPresident Nayib Bukele’s invitation.
Organized by the Alliance for Financial Inclusion, a global policy leadership alliance, and in partnership with El Salvador’s central bank, the conference will run for three days. In a tweet, the head of El Salvador central bank, Douglas Rodríguez, shared:
Rodríguez’ superior, President Bukele, shared that he was “planting seeds” among the 44 delegates while tweeting a group photo of the leaders:
Planting seeds in 44 countries.3 days to go…#Bitcoin is good for the world pic.twitter.com/eOwhJZQ4RX
The team behind the Bitcoin Beach project was also in attendance, on-hand to educate the central bankers. Bitcoin Beach, El Zonte, was the birthplace of the Bitcoin Law, a grassroots movement that led the first nation to adopt Bitcoin.
Nicolas Burtey, co-founder of Galoy Money — the company that built the Bitcoin Beach wallet — said, “After spending a day with those central bankers, I can say: still a lot of education to do.” Burtey continued:
Burtey and his team spent the day speaking with central bankers, showing them how to use Bitcoin Lightning wallets and send payments. Progress was fast — so fast, in fact, that Burtey tweeted: “We can’t onboard the central banks fast enough to #bitcoin with the BTCBeachWallet.”
Photos of the event beggar belief, with central bankers studiously learning how to send payments and create wallets.
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