Swimming in the Crypto Lake of Guatemala
It’s summer and there’s nothing more exciting than finding an adventure. Recently, I embarked on one of the most unique experiences in my life – being a volunteer at the Bitcoin Lake project in Guatemala.
What is Bitcoin Lake?
Bitcoin Lake is a project that helps bring economic opportunities to the poorer citizens of Guatemala by giving them access to the world of cryptocurrency. The project creates a lake of liquidity made up of Bitcoin and other digital tools, helping people start businesses, pay for goods, and more.
My Experience With the Project
In my few months as a volunteer for Bitcoin Lake, I got to witness first-hand the power of cryptocurrency to tackle poverty and open up access to new opportunities. I’m sure I learned more than I can possibly recall, but here are some highlights from my time by the crypto lake:
- Crypto is not complicated. Despite what naysayers claim, cryptocurrency is not complicated. People don’t need to be tech-experts to understand how it works or why it could help them. In my time with the project, I saw people quickly grasping the basics of digital coins and wallets.
- Uses Beyond Trading. We all know you can use Bitcoin and other cryptocurrencies to buy and sell things, but there are so much more. A Guatamalian farmer, for example, could use it to send payments to their counterpart in Mexico, and otherwise unable to use fiat currencies.
- Impact is Far Reaching. Between data security and access to funds, things like Bitcoin Lake can have an impact on individuals, entire communities, and entire countries.
Overall, my time as a volunteer at Bitcoin Lake was truly incredible. I got to witness first-hand how the power of cryptocurrency can benefit some of the world’s poorest, in ways unimaginable even a few years ago. If you’re looking for an adventure with a greater cause, coming up with and working on a project like this may be the right choice for you!
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