Originally posted by me (Gino Rossi) on 10/7/15 at:
http://bitsabio.com/blogs/news/80065473-sd-bitcoin-meetup-the-adventures-of-bitcoin-in-latin-america-my-recap
The subject line of this meetup had me sold the minute it was announced. Yesterday I spent my evening listening, chatting and hanging out with the folks in attendance at this meetup and I have to say that I was very impressed with everything I heard thru the evening.
http://meetup.com/Bitcoin-San-Diego/
Here is my brief and raw summary of everything that I was able to gather during this meetup which took place at the offices of Airbitz Inc, btw this happened to be my very first bitcoin meetup.
Justin Blincoe () spoke of his travels in Latin America and his experience with bitcoins in that region. Justin is the former COO ofCoinapult which is a Panama based bitcoin company.
Here are my brief notes from memory because I decided not to write anything & instead I opted to help myself with a few beers from their cooler
Argentina — very large & healthy bitcoin community. Currently many Argentinian merchants accept bitcoins & they are always looking to exchange them for their local currency in order to meet their local financial obligations.
Venezuela — ability to move money out of the country is very difficult, more & more people are moving to bitcoins in order to continue to conduct commerce. Potential for continued grow of bitcoins in Venezuela is very high.
Peru — has a small & growing community of bitcoin users, a company called Bitinka helps locals buy & sell bitcoins as well use their bitcoins thru their wallet.
Colombia — enjoys a healthy & creative community of bitcoin users. Recently a company called CriptoBanco became the first local bitcoin exchange in the nation.
Brazil — enjoys a growing bitcoin following, many merchants are accepting bitcoins & their numbers have grown steadily in many areas. Cost of transfer of money within the country is expensive & this is helping bitcoin gain traction.
Ecuador & Bolivia — crypto-currencies are banned in both nations. Small group of folks are attempting to restart the bitcoin communities.
The topic was great & well delivered, the post meetup chats were outstanding as well. Justin Blincoe talked to me for a while longer on other Latin nations & his take on what the future may look like for them.
Meeting Airbitz Inc CEO Paul Pueywas a nice highlight to the meetup, I was also fortunate to meet Chris Groshong CEO of & Derek Andonian who runs a blog called @OnTheBlockChain. Lot’s of great conversations during the evening & I look forward to chatting with them again very soon.
I’m excited for the next San Diego Bitcoin Meetup, there are a lot of interesting projects in the horizon. For those interested in joining, here is their Meetup page: http://www.meetup.com/Bitcoin-San-Diego/