El Salvador hosted a financial inclusion event this week bringing representatives from 44 countries to experience using BTC at Bitcoin Beach.
El Salvador hosted a financial inclusion event this week bringing representatives from 44 countries to experience using BTC at Bitcoin Beach.
- El Salvador hosted central bankers and financial authorities from 44 countries for a financial inclusion event this week.
- All participating members were able to download their own Bitcoin wallets and make purchases with BTC.
- In July 1944, 44 countries met to determine the Bretton Woods financial system. Once again, 44 countries came together to learn a new system.
On May 15, El Salvador President Nayib Bukele announced[2] that 32 central bankers and 12 financial authorities from 44 countries would meet in his country for an event about achieving financial inclusion and banking the unbanked through Bitcoin’s digital economy.
The event, hosted by the The Central Bank of El Salvador and known as the Digital Financial Services Working Group and the SME Finance Working Group, focused on financial inclusion after a two-year hiatus due to the COVID-19 pandemic. All participating countries are members of the Alliance for Financial Inclusion[3] (AFI).
However, doubts were raised about the relationship between the event and Bitcoin – and if there was any in the first place.
A Bitcoin Event?
Galoy, the open source software company that developed the Bitcoin Beach wallet[4], wrote a blog post titled “The central bankers were definitely not coming to El Salvador to discuss Bitcoin,” addressing comments that Bukele’s statements[5] could be misrepresenting the intention of the event.
The blog post[6] boasts a number of pictures from the event showing many of the participants actively learning
