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Showing posts with the label bitcoin payments

Bitcoin gains traction in West Africa with educational drive

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As anti-French sentiment rides high in West Africa, Bitique opens its doors, the “Bitcoin Mastermind” conference beckons and more nodes come online to verify the Bitcoin blockchain. Bitcoin (BTC) adoption in West Africa is dominated by Nigeria, the crypto powerhouse and the region’s economic engine. But against a backdrop of anti-French sentiment, Bitcoin educational efforts are also bubbling away in French-speaking West Africa. Senegal recently opened its first physical Bitcoin exchange and education center called Bitique, and the country of 17 million people will host another Bitcoin Forum in the capital, Dakar, in December, where pseudonymous local Bitcoin advocate, known as Nourou, runs an independent Bitcoin node beamed from space. In Benin, a country of 13 million people to the west of Nigeria, the Bitcoin-only Bitcoin Mastermind conference takes place next month. The first of its kind in the country, Bitcoin Mastermind unites Bitcoin entrepreneurs and crypto enthusiasts from h...

Bitcoin adoption of Guatemalan merchants grows one BTC tattoo at a time

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The Central American country of Guatemala is getting inked on the path to greater Bitcoin merchant adoption. Bitcoin (BTC) use in Guatemala is on the up. The Latin American country that borders El Salvador boasts Guatemalan-grown Bitcoin companies such as Ibex and Osmo, several Bitcoin Beach-inspired projects including Bitcoin Lake, and now, free BTC tattoo s. A Bitcoin merchant adoption competition hosted by Osmo Wallet in 2022, a Guatemala-based Bitcoin company, led to the free ink promotion. Cointelegraph spoke to Piero Coen, the co-founder of Osmo Wallet, and Steven Marroquin, the owner of Soul’s Anchor, a tattoo parlor in Guatemala City. Free tattoo ideas from Soul's Anchor. Source: Coen  Coen explained how it that the mission is to get more people to use Bitcoin: “So we ran a competition amongst merchants to see who would process the most volume in Bitcoin sales in 2022. Turns out Soul's Anchor Tattoo Shop in Guatemala City, who started accepting Bitcoin payments using ...