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Bitcoin Beach Spawns Offshoot – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

As a former resident of Venezuela, Josef Dvoracek is aware of a factor or two about inflation, financial mismanagement, and the dangers of fiat currencies.

That’s why he is been among the many most enthusiastic pioneers of a brand new bitcoin funds ecosystem that has sprung up on this lush southern area of Costa Rica often known as the Costa Ballena (Whale Coast).

Dvoracek, a 71-12 months-previous Czech nationwide who sells artisan bread together with his Venezuelan spouse at native meals markets, mentioned he is now doing round 25% of his gross sales via the brand new Bitcoin Jungle pockets. Aside from giving him the choice of incomes bitcoin, he says the most important benefit of utilizing it has been saving the charges of up to 8% that he loses with bank card gross sales.

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