Season 1 Episode 7
The secret to true Bitcoin adoption isn't what you think. Meet Hermann Vivier, whose remarkable journey shows how Bitcoin transforms communities when used as actual money.
Hermann's story begins with Surfer Kids, a decade-long project teaching township children to surf in Mossel Bay, South Africa. When COVID threatened to destroy everything, Bitcoin became not just their lifeline but the foundation for something revolutionary.
"The appearance that Bitcoin Ekasi popped out of the ground like a mushroom overnight is entirely incorrect," Hermann explains. His first Bitcoin revelation came during the 2013 Cyprus banking crisis, but the technology truly clicked when Ukrainian clients, blocked by financial sanctions, successfully paid his surf tourism business in 2015. "I was just sitting there thinking: this is incredible. It's literally halfway around the world, skipping all imaginary borders, bypassing financial sanctions."
Today, Bitcoin Ekasi employs 21 people who receive 100% of their salaries in Bitcoin. Approximately 500 township residents use Bitcoin regularly, with around 150 using it daily. Local shops accept it for everyday purchases, creating a genuine circular economy. The project's iconic Bitcoin-branded Land Cruiser serves as a conversation starter, while painted Bitcoin murals on township shacks provide residents with regular satoshi payments.
What makes this story exceptional is how it challenges assumptions about saving. One minimum wage worker earning roughly $15 daily has been stacking sats for three years, accumulating enough to potentially transform his future. "If he hangs onto it and never sells all of it, his life is going to be meaningfully different," Hermann notes. "Saving ten dollars a week has changed this person's life."
Hermann passionately advocates for spending Bitcoin responsibly: "There's no opportunity cost attached to buying coffee with Bitcoin. Go out there, spend the sats, create more demand for this money." He emphasizes that demonstrating Bitcoin's utility as a medium of exchange is precisely what convinces people of its value as a store of wealth.
Ready to support a project that's changing lives through Bitcoin? Visit supportbitcoinekasi.com to learn more about their work and how you can contribute to this grassroots financial revolution.
https://bitcoinekasi.com/
nostr: bitcoinekasi@primal.net
Links:
www.bitcoinforbusiness.io
X: @gavingre
X: @BTC_4_Biz
Primal: GavinBGreen@primal.net
NOSTR: npub12qv07tpwk8x8fy2uuqczghpappap395npuxvsx8pgksh97pezv7s8r7qta
Published on 1 month, 1 week ago
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