We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: How Bitcoin Is Giving Elderly El Salvadorians A Reason To Smile
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
How Bitcoin Is Giving Elderly El Salvadorians A Reason To Smile
The Tycoon Herald > Business > How Bitcoin Is Giving Elderly El Salvadorians A Reason To Smile
BusinessMoney

How Bitcoin Is Giving Elderly El Salvadorians A Reason To Smile

Tycoon Herald
By Tycoon Herald 4 Min Read Published December 31, 2021
Share
SHARE

Ready for some magic internet money

Enrique Berrios

Ever since El Salvador became the first country in the world to make bitcoin legal tender, there’s been no shortage of critics and naysayers predicting a disastrous end to the experiment.

Yet for many elderly residents of El Zonte – the beachside town that first convinced president Nayib Bukele to go down the cryptocurrency rabbit hole – bitcoin has only brought smiles.

Local dentist Enrique Berrios has been waiving fees at his practice and traveling to isolated, rural patients ever since he arrived in the town 17 years ago. After crossing paths with the bitcoin community that set up shop in El Zonte, his good deeds have now won international backing.

Payment processor BTCPay Server and online community Bitcoin Design have teamed up with Berrios to launch Bitcoin Smiles – a crypto crowdfunding initiative that began soliciting donations in August, initially setting a target of 1BTC (currently worth about $47,000).

That was the amount deemed necessary to provide free check-ups, dentures and critical care for up to 50 patients in need, the project estimated.

In less than five months, Bitcoin Smiles has blasted through its fundraising target to reach a total of 1.88239BTC, as of 19:10 GMT on Friday, December 31, 2021. The bonus funds will help Berrios afford the portable equipment he needs to reach patients who can’t make the journey to his practice themselves.

MORE FOR YOU

“Not everyone in the surrounding rural area has the means or access to transportation to make it to his office,” Bitcoin Smiles notes on its fundraising website. “Many are too weak to make the trip. Sometimes Berrios needs to walk up the mountains for hours to make house calls.”

Poor dental hygiene is widely acknowledged to be a contributor to mental illness and low self esteem, particularly among people who are missing most of their teeth – a reality faced by many of the patients under Berrios’s care.

As well affecting their psychological well-being, the condition can be so severe that it impacts nutritional health by limiting diets.

“It is not just a lack of access to food but also being unable to eat that makes their lives more difficult. Unable to chew, they often have to swallow food,” the website explains. “They have few choices to eat, often resorting to a diet of softened tortillas.”

BTCPay Server developer and Bitcoin Smiles founder Pavlenex said the initiative started as a one-off but now “definitely has potential to reach a proper non-profit entity setup”.

In the mean time, Bitcoin Smiles is documenting Berrios’s work in videos and photos posted to its Twitter account. Whatever you think of El Salvador’s experiment with bitcoin, the cryptocurrency is improving lives for dozens of impoverished and neglected people in El Zonte.

The initiative has pledged to “continue our mission” in 2022.

Bitcoin Smiles

You Might Also Like

Tyler of Trusted Ticks Is Making Futures Trading Education More Structured and Accessible

20 DIY Christmas Decor Concepts for Broke Folks – Dollarsanity

20 DIY House Adorning Concepts on a Funds – Dollarsanity

20 Low-cost and Straightforward DIY Rustic Residence Decor Concepts on a Tight Price range – Dollarsanity

20 Low-cost and Simple DIY Farmhouse Decor Concepts – Dollarsanity

TAGGED:MoneyThe Forbes Journal
Share This Article
Facebook Twitter Email Copy Link Print
Hungarian GP: Charles Leclerc tops first follow as suspected suspension failure spins off Lance Stroll in new Aston Martin
Sports

Hungarian GP: Charles Leclerc tops first follow as suspected suspension failure spins off Lance Stroll in new Aston Martin

Aston Martin's closely upgraded automobile suffered a suspected suspension failure which spun Lance Stroll off monitor, as Ferrari Charles Leclerc set a powerful tempo for Ferrari earlier than working into…

By Tycoon Herald 7 Min Read
Chris Brown Pleads Responsible Over 2023 Assault With Music Producer in London
July 24, 2026
Trump threatens a significant escalation in Iran because the conflict nears the tip of Month 5
July 24, 2026
Kaylee Hottle Was Making ready For New Movie In Months Earlier than Demise
July 24, 2026
To Afford Getting older in Place, Older Adults Flip to ‘Golden Girls’ Housing – KFF Well being Information
July 24, 2026

You Might Also Like

Elevate Your Presence with TikTok Agent UK: Your Partner in Digital Success
BusinessTrending

Elevate Your Presence with TikTok Agent UK: Your Partner in Digital Success

By Tycoon Herald 2 Min Read
10 Methods To Make  A Day Persistently – Dollarsanity
Money

10 Methods To Make $50 A Day Persistently – Dollarsanity

By Tycoon Herald 22 Min Read
8 Locations to Promote Printables On-line for Money – Dollarsanity
Money

8 Locations to Promote Printables On-line for Money – Dollarsanity

By Tycoon Herald 10 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
Business

Carlyle’s AlpInvest, Mubadala be a part of forces for brand spanking new financing partnership By Reuters

By Echo Wang NEW YORK (Reuters) - AlpInvest Companions, the secondary investments unit of buyout agency…

By Tycoon Herald
Sports

Ruben Amorim: Manchester United striker Marcus Rashford ‘has to vary’ however it’s ‘nothing private’

Manchester United boss Ruben Amorim insists there's "nothing personal" with out-of-favour Marcus Rashford however the ahead…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?