“Missione El Salvador” is the story of the journey of two Italians who ventured to the Central American country for 45 days, proving that it is possible to live using only Bitcoin.
Laura and Riccardo describe their experience day by day on the Bitcoin Italia Podcast.
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El Salvador mission accomplished: 45 days on the road with Bitcoin without cash, cards and fiat currencies
The “Missione El Salvador” came to a successful end, as reported on the Bitcoin Italia Podcast, during which the two Italian protagonists Laura and Riccardo test whether in the Central American country it is really possible to live only in BTC, without using cards, cash and fiat currencies.
Here’s what the latest article says:
“A month and a half spent in El Salvador using only Bitcoin, without ever spending fiat currencies, neither in the form of cash nor in the form of electronic payments. That was the challenge. We did it. And today our mission comes to an end”.
As the text reads, the young couple confirms that this is currently only possible thanks to the Chivo Wallet, El Salvador’s state-owned wallet, which is apparently widely used by the Salvadoran population.
It is no coincidence that President Nayib Bukele had shared in early 2022 that in El Salvador, out of a total population of 6.5 million, 4 million of them already use Chivo and therefore Bitcoin (BTC).
“Missione El Salvador”: 45 days in Bitcoin and the discoveries of the two Italians
Since El Salvador made Bitcoin legal on
its historic day of 7 September 2021, the country has dedicated itself to communicating all the various advances in this regard.
A point of view that has also been validated by the two Italians on their mission in El Salvador who tell of having met dozens of foreigners who have gone to the country to buy land, invest in assets, transfer part of their business.
It seems, therefore, that Bitcoin has also been a source of attraction for new capital into El Salvador, which should contribute significantly to improving living conditions in the country.
In the meantime, the two Italians hope to attract their fellow travellers or “digital nomads” to the country and experience life by spending only BTC.
BTC towards the podium by market cap
In the special ranking of companies by market cap, Bitcoin enters the top ten in its own right, overtaking the social networking giant Meta, formerly Facebook, which finds itself in 12th position.
At the moment, gold is on the podium, capitalizing more than $10 trillion, followed by Apple with $2.8 trillion and, in third place, the Saudi Arabian fund Aramco with $2 trillion.
It is estimated that Bitcoin would have to be worth around $650,000 in order to reach the top asset, namely gold, on the podium, and as we know, nothing is impossible for BTC. At the time of writing, BTC’s market cap is $823.63 billion and its price is $43,000.