Bitcoin Jungle is a bitcoin circular economy in Uvita, Costa Rica, with over 600 merchants accepting bitcoin. Bull Bitcoin created a web app that functions inside the open-source custodial Bitcoin Jungle Lightning wallet and with other Lightning wallets. The web app lets users pay for almost any good or service with bitcoin over Lightning, then settle the bill in colones via SINPE, the national electronic payment system. SINPE is used by over 90% of residents, enabling nonresidents to participate in the digital economy and allowing people to live exclusively off bitcoin while merchants receive local fiat.
Bitcoin Jungle is a bitcoin circular economy located in the Puntarenas province of Uvita, Costa Rica, where over 600 merchants accept bitcoin. It's also the place Francis Pouliot has called home for the past three years. And the Canadian expat and founder of Bull Bitcoin wants other Bitcoiner expats who visit the region, and Costa Rica at large, to feel how he feels in the country - welcomed.
Through the web app interface, Bitcoin enthusiasts can pay for almost anything with bitcoin over Lightning, regardless of whether the merchant or counterparty with whom they're transacting accepts it. Using the Bitcoin Jungle app or the web app directly, users can pay with bitcoin and have their bill settled in the local fiat currency, colónes, over the country's national electronic payment system, SINPE (Sistema Nacional de Pagos Electrónicos).
Collection
[
|
...
]