Cryptocurrency News
Making money, escaping poverty: Bitcoin and Lightning in Mozambique
2022.05.10 17:01
Making money, escaping poverty: Bitcoin and Lightning in Mozambique
Bitcoin (BTC) is for all. For you, for Michael Saylor in Miami, and for 38-year-old Jorge, a Mozambican family man who’s using the largest cryptocurrency to make ends meet.
Jorge, who goes by his first name for anonymity, lives in the tiny village of Bomba, Mozambique, on its southeast coast. Since the Covid-19 pandemic stripped away tourism from the sleepy surf town, one of Jorge’s primary wage earners–tourism–disappeared.
Jorge, the first Bitcoiner in his town. Source: Twitter (NYSE:TWTR)Jorge’s hometown, in southeast Mozambique. Source: Google (NASDAQ:GOOGL)