The Truth Behind Cuba's Bitcoin Revolution | What it Really Looks Like

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  • Опубликовано: 24 июл 2024
  • Embark on an exciting journey to the vibrant shores of Cuba with Joe Hall. During the trip, Joe investigated the adoption of Bitcoin and the economic changes transforming the country. Discover how the people of Cuba have turned to a decentralized currency, harnessing its potential as a medium of exchange. A nation that was once isolated is now using crypto to connect with the global economy on its own terms.
    Chapters:
    0:00 - 1:35 - Welcome to Cuba
    1:35 - 3:15 - We've arrived!
    3:15 - 5:23 - How Cubans are buying Bitcoin
    5:23 - 9:58 - The dark side of inflation
    9:58 - 11:34 - What is MLC?
    11:34 - 12:44 - Access to food in Cuba
    12:44 - 14:42 - Running a business in Cuba
    14:42 - 18:06 - Buying Bitcoin P2P
    18:06 - 19:54 - Why do entrepreneurs choose Bitcoin over FIAT?
    19:54 - 24:25 - Visiting a Bitcoin conference
    24:25 - 26:42 - The Future Looks Bright!
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Комментарии • 264

  • @cointelegraph
    @cointelegraph  10 месяцев назад +39

    Thanks for watching❣
    Our friends from Cuba will be watching this video.
    Let us know what you thought about the video in the comments!

    • @jimjones3482
      @jimjones3482 10 месяцев назад +1

      More Bitcoin content please! I had no idea about lightning network. It's so cool.

    • @teru797
      @teru797 10 месяцев назад +1

      hey what app/wallets are they using?

    • @financialconspirator3080
      @financialconspirator3080 10 месяцев назад

      Cuba is fucked because of capitalist embargoes suffocating the country not communism

  • @cryptoronindude
    @cryptoronindude 10 месяцев назад +57

    I always said from the start of finding Bitcoin that Cuba is the perfect place for Bitcoin to be what sets them free. I've been talking to my family and friends in Cuba since 2015 about Bitcoin, some have adopted it, some just ignore it.

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +3

      Slowly but surely-maybe share this video with them?

    • @cryptojoecoin5480
      @cryptojoecoin5480 10 месяцев назад +4

      Good for you! Keep going. It will take all of us preaching Bitcoin to pull this off. The fiat black magic spell has everyone hypnotized.

    • @towncenter7602
      @towncenter7602 10 месяцев назад +1

      How do you get freedom in communism.? Imaginary digits?

    • @cryptojoecoin5480
      @cryptojoecoin5480 10 месяцев назад

      @@towncenter7602 So, what fake fiat are you using for commerce now? What toilet paper are the people of Cuba using now? Fiat monetary policy is to print ad infinum, give it to their buddies to buy all real assets, and give the general populace inflation. Bitcoin monetary policy is static. It never changes. Fixed supply, halving every 4 years, trustless, permissionless. Your statement shows your ignorance of how Cuba got this way in the first place. 🤡

  • @BTCSessions
    @BTCSessions 10 месяцев назад +78

    Loved all of this. Incredible job, Joe - never stop what you're doing!

  • @dipunm
    @dipunm 10 месяцев назад +18

    I wanted to cry the whole way through... both happy and sad and humbling. ❤

  • @EmilGhiurau
    @EmilGhiurau 10 месяцев назад +24

    The same thing happened in Romania in the 80s-90s, the devaluing of the LEU. There was no BTC like this at that time. Having this now it's a lifeboat.
    These people are very creative in their exchanges. Props to the Cuban people.

  • @blackout3411
    @blackout3411 10 месяцев назад +22

    Great work! Loved to see this side of Cuba.
    Bitcoin is freedom

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад

      It certainly is 🧡

  • @user-dt3kd3cr3o
    @user-dt3kd3cr3o 10 месяцев назад +26

    Thank you Joe and Paco for your work, we were blessed for being able to receive you in Cuba and you have friends already for the next time you come! Such great people and filled with love and kindness.

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +2

      Aww, thank you 🧡

  • @Appleloucious
    @Appleloucious 10 месяцев назад +10

    One Love!
    Always forward, never ever backward!!
    ☀☀☀
    💚💛❤
    🙏🏿🙏🙏🏼

  • @timjackson6467
    @timjackson6467 10 месяцев назад +18

    I am so encouraged when I watch videos like this - well done Joe and Paco. There are lots of reasons for BTC but this has to be what was right at the heart of Satoshi when he (they) invented the concept. Lifting the world's poor and oppressed out of poverty and into the hope of progress, be that health, education and freedom of all sorts.

  • @heinzboeke
    @heinzboeke 10 месяцев назад +16

    Great people and very interesting how Bitcoin is used in Cuba.

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад

      Glad you liked it!

  • @MartijnWismeijer
    @MartijnWismeijer 9 месяцев назад +4

    Lovely documentary and enjoyed watching. Thank you for sharing!

  • @Mranderson6030
    @Mranderson6030 10 месяцев назад +14

    What an amazing documentary. I wish everyone could see it.

  • @armi34
    @armi34 9 месяцев назад +7

    Great documentary. Thanks. Im cuban and eager to learn and understand more of how this happen in Cuba

  • @marcschneider7338
    @marcschneider7338 10 месяцев назад +9

    Brilliant video Joe. This is what's missing about Bitcoin adaption. These are the people who needs BTC the most, not western guys. Compared to the western mainstream, they do discovery BTC now and won't be late at the party. They really deserve that. Keep going Joe!!

  • @Felipe_Porto786
    @Felipe_Porto786 10 месяцев назад +11

    God Job guys! Cuba is great and tourism over there with Bitcoin makes it even better!

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +1

      Exactly-one of many ways they can harness Bitcoin 🧡

  • @BanskoBlog
    @BanskoBlog 8 месяцев назад +2

    Excellent video Joe. Well done. Everyone should watch this. 🙏

  • @solcharms6658
    @solcharms6658 10 месяцев назад +15

    The sad truth is the governments of every nation are getting bigger and bigger every day, controlling more and more aspects of private citizens' daily lives. Many 'western' countries are closer to Cuba than their native populations want to admit. Inflation (coupled with stagnated growth and wages) is present almost everywhere.

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +1

      Interesting point dude

  • @gaeldesmontagnesnoires1711
    @gaeldesmontagnesnoires1711 10 месяцев назад +9

    THIS REPORT MAKES ME cry of joy!!!! i'm so proud of cubans!!! Bitcoin is peace.. Bitcoin is LIFE

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +1

      That's awesome dude-Bitcoin is peace 🧡

    • @funnypeoplefail19
      @funnypeoplefail19 10 месяцев назад

      Bitcoin is peace but what u all forget is the money you earn with btc is the money that someone lost with bitcoin. Is that peace?

  • @TechRight
    @TechRight 10 месяцев назад +7

    This was beautiful. Great job guys ❤. Cuban people are awesome!

  • @fromagperspective9428
    @fromagperspective9428 10 месяцев назад +9

    That was great. The revolution continues with Bitcoin!

  • @Johnnodonoughue
    @Johnnodonoughue 10 месяцев назад +7

    Actually made me cry.

  • @jjroman8547
    @jjroman8547 10 месяцев назад +5

    Interesantísimo video para toda la comunidad hispanohablante.., y el público en general!!!!
    Fantástico documento de cultura general!!!!🙂👍👍👍
    Vamos Satoshi!!!!✊✊✊✊✊✊✊

  • @BTC_Alejandro
    @BTC_Alejandro 10 месяцев назад +6

    Amazing video!

  • @decentri777
    @decentri777 10 месяцев назад +6

    Amazing content.

  • @seniorscientist590
    @seniorscientist590 9 месяцев назад +5

    Incredible job--great video! Love the Cuban people!

  • @MrRicey155VLOG
    @MrRicey155VLOG 9 месяцев назад +2

    Fantastic insight 🫶 well made documentary.

  • @AlecVeravieff
    @AlecVeravieff 10 месяцев назад +4

    Amazing! the whole of the global south needs to see this.

  • @oliviawoodson1292
    @oliviawoodson1292 10 месяцев назад +5

    beautiful vid in so many ways -- slightly more effective than any rant by Saylor, Foss, Booth, Breedlove, Gladstein, Pysh, Alden, Lewis, Hayes and even Odell.

  • @worldfun0909
    @worldfun0909 10 месяцев назад +6

    Cuba deserves every bit of positive it’s not there fault let’s pray 4 them 🙏 they r very good at finding solutions and mastering the way they solve them. I’m proud to say I’m part 😢Cuban . 🎉😊

  • @JeThoreau_
    @JeThoreau_ 10 месяцев назад +8

    Brilliant work, as always Joe!

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +1

      Thank you ser! 🧡

  • @OsherAstrology
    @OsherAstrology 9 месяцев назад +2

    I enjoyed this video. So important! Thanks 🙏

  • @donttellya6897
    @donttellya6897 Месяц назад +1

    This should see every privileged one who says Bitcoin has no use cases or cannot be used as money. It's just working and it is so much hope for the future thank you to all adopters and supporters🧡

  • @JakeRoque
    @JakeRoque 10 месяцев назад +12

    Excellent documentary. Well done 🫡

  • @naomiking2442
    @naomiking2442 10 месяцев назад +2

    This is the happiest video I've ever seen!❤❤❤❤❤❤ Big Orange future indeed!

  • @Dhdhxhh38
    @Dhdhxhh38 10 месяцев назад +4

    Insightful documentary. Keep up the good work! I like learning about BTC adoption

  • @Brandon-yr9jb
    @Brandon-yr9jb 9 месяцев назад +2

    Sooooo goood!!!

  • @bitcoinpolscygornicy3321
    @bitcoinpolscygornicy3321 10 месяцев назад +5

    Amazing work Joe!!

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +1

      Thank you mate 🧡

  • @F1END.MEGALITHIC
    @F1END.MEGALITHIC 9 месяцев назад +3

    Really interesting doc!

  • @preone70
    @preone70 9 месяцев назад +1

    Absolutely Amazing

  • @Bushido-jin
    @Bushido-jin 10 месяцев назад +4

    Wow great content, keep it up🤘

  • @Levigelio
    @Levigelio Месяц назад +1

    Love this please do more!!

  • @rag98709
    @rag98709 10 месяцев назад +7

    Excelente!

  • @wonggentle
    @wonggentle 10 месяцев назад +3

    Love it bro! Well done.

  • @Dilandau88
    @Dilandau88 10 месяцев назад +4

    Really well put together video

  • @pizzazombie7373
    @pizzazombie7373 9 месяцев назад +2

    Great video!!🇨🇺🤑

  • @encarsia9
    @encarsia9 10 месяцев назад +2

    How awesome was that! Go Bitcoin Cuba!

  • @mikejames8031
    @mikejames8031 10 месяцев назад +5

    This is what concerns me about BTC and the internet. Corrupt Governments can always shut you down!!

  • @marya7057
    @marya7057 10 месяцев назад +1

    I really like that Paco dude, he seems so much fun and really genuine.

  • @darrenpalliaer8928
    @darrenpalliaer8928 10 месяцев назад +2

    Awesome, I hope Australia catches up soon. Thanks for sharing.😀

  • @Nickbit2011
    @Nickbit2011 10 месяцев назад +2

    WOW! I absolutely loved this documentary

  • @siestasounds521
    @siestasounds521 10 месяцев назад +6

    I love your shirts! Where do you get them??

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +1

      The Cuba Bitcoin guys should really sell them -I'll ask them and report back!

  • @SeeLasSee
    @SeeLasSee 10 месяцев назад +3

    The most educated people in Cuba often find their way into tourism. Even just for part time. I went there in 2001 and engineers and doctors were very often tour guides.

  • @roberthodgson3574
    @roberthodgson3574 10 месяцев назад +1

    Great job Joe, leading from the front. Inspiring stories.

  • @pglove
    @pglove 10 месяцев назад +1

    No idea why this came up in my feed but it was good enough to make me subscribe immediately. Great video. I’m going to see what else I missed and binge.

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад

      enjoy! The ones similar to this are the 'documentaries' section :D

  • @oldgreenbus
    @oldgreenbus 10 месяцев назад +2

    This Is Phenomenal!!

  • @FredReiki
    @FredReiki 10 месяцев назад +1

    Awesome, enjoyed every minute! Cheers

  • @hotsauceislethal9430
    @hotsauceislethal9430 9 месяцев назад +3

    Cointelegraph is the new Vice News

  • @RogueMoney
    @RogueMoney 10 месяцев назад +2

    Thanks for doing this. Amazing

  • @anitabenson2108
    @anitabenson2108 8 месяцев назад +1

    Love to see more

  • @oldgreenbus
    @oldgreenbus 10 месяцев назад +4

    Starlink for Cuba!

  • @lucchabot7305
    @lucchabot7305 9 месяцев назад +2

    Awesome work!……I want Cuban friends.

  • @widukind12
    @widukind12 9 месяцев назад +2

    starkes video❤

  • @guilhermebandeira8826
    @guilhermebandeira8826 10 месяцев назад +1

    Great video!

  • @VancouverBrent
    @VancouverBrent 10 месяцев назад +5

    The whole world needs to see this vid to show how BTC can save us from tieraney of ALL governments !

  • @ChristianPecksteiner
    @ChristianPecksteiner 10 месяцев назад +2

    Great job!!!

  • @saladcream1884
    @saladcream1884 10 месяцев назад +1

    Great video. Many thanks bud.

  • @bo930
    @bo930 10 месяцев назад +2

    thank you for making and sharing such an insparing video.

  • @LoneWolfShepherd
    @LoneWolfShepherd 9 месяцев назад +2

    No lies detected here... this is the way forward ⏩

  • @robertocvirk
    @robertocvirk 9 месяцев назад

    Awesome vid guys, congrats to CUBA 🇦🇺👍
    Liked and subbed 👍

  • @snowbunny1001
    @snowbunny1001 10 месяцев назад +2

    Incredible!! 8D

  • @angelbig2648
    @angelbig2648 4 месяца назад

    Excellent job, @@Icloud__boss1-I'm delighted you're out there fighting these jerks. We must
    do everything possible to protect the elderly and the general public from these vile con artists! You deserve it!! Big up, brother, you deserve the Nobel Peace Prize for keeping us safe.

  • @azoteapost8734
    @azoteapost8734 9 месяцев назад +3

    When you go to Cuba, you realize how smart, educated and well aware of the world are they, we need to offer them respect because of their struggles against the big boys of shit guns coins of the world

  • @sindecade2023
    @sindecade2023 10 месяцев назад +2

    rookie question: which wallets were there in the scene ?
    (or to ask precisely, which wallets do you prefer to use for SAT payments ? any suggestions ?

  • @KingsRight
    @KingsRight 9 месяцев назад +1

    Decred is the most secure money💵 around. luv it

  • @p.t.9709
    @p.t.9709 10 месяцев назад

    This was awesome.

  • @dromedariodemo
    @dromedariodemo 10 месяцев назад

    truly exceptional ❤

  • @wagnerfontes101
    @wagnerfontes101 10 месяцев назад +4

    Fantástico.

  • @wilbartender4362
    @wilbartender4362 10 месяцев назад

    Very nice guys!

  • @bengweeks
    @bengweeks 10 месяцев назад +1

    Loved this video Joe and Paco :-)

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +1

      Thanks Ben! Paco is the man - @pacodelaindia

  • @bitnova5
    @bitnova5 10 месяцев назад

    Beautiful to see! 💯🔥

  • @martin3399
    @martin3399 10 месяцев назад

    Great video 😁

  • @V4BTC
    @V4BTC 10 месяцев назад +1

    One of your very best, Joe! Great F work!

  • @isaiahtraben1429
    @isaiahtraben1429 10 месяцев назад +1

    Pure signal. Joe is the man.

  • @M3LTUP
    @M3LTUP 10 месяцев назад

    Excellent documentary. You should get an award for this.

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад

      Getting the Cuban bitcoiners’ work out there is my reward 😃

  • @AlstarPalmer
    @AlstarPalmer 10 месяцев назад +2

    Nice

  • @marcelogenin3016
    @marcelogenin3016 10 месяцев назад +1

    i love it.

  • @sgulley2
    @sgulley2 10 месяцев назад

    Wow... luv it

  • @albertsmit9741
    @albertsmit9741 10 месяцев назад +1

    top vid

  • @ogcontraband
    @ogcontraband 10 месяцев назад +1

    Very inspiring to see the transformational power of crypto. Latin America can really be lifted too I believe

    • @roberthodgson3574
      @roberthodgson3574 10 месяцев назад

      Forget crypto, this is just about Bitcoin.

  • @EsotericGold_net
    @EsotericGold_net 9 месяцев назад +1

    Let's do this

  • @ChosenbytheAnointedOne
    @ChosenbytheAnointedOne 9 месяцев назад +1

    The transactions of satoshi’s done in this video went through instantaneously and looked like was done on the lightning network due to the lightening bolt symbol shown above the wallet screen used to make their transaction which I wasn’t aware was already available in places like Cuba. Real interesting.

    • @JoeNakamoto
      @JoeNakamoto 9 месяцев назад

      yeah that's correct, well observed!

  • @canbeyhan7538
    @canbeyhan7538 10 месяцев назад +1

    Thank you for the nice reporting. It would be awesome to continue journey with Argentina, Venezuela then fly across the Atlantic to see adoption in Turkey then move to Lebanon.

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +1

      Yessir!
      Cape Verde and Peru first :)
      (That's what I'm currently working on)

  • @alejandromedina1019
    @alejandromedina1019 10 месяцев назад +2

    number go up, freedom go up

  • @WiseSilverWolf
    @WiseSilverWolf 10 месяцев назад +3

    Pretty cool video, if you could add Spanish subtitles or dubs then alot of Cuban Americans that only speak Spanish could enjoy the video too. Also why does your 33 year old Cuban friend have an Indian English accent? Lol

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +1

      Thanks! Spanish subtitles are available, I wrote them myself!
      My 33 year old Cuban friend is in fact.... from India! 😂

  • @cesuntbanii
    @cesuntbanii 10 месяцев назад

    What wallets do you guys use? On your phone. Cheers from Romania!

  • @LaurentLui
    @LaurentLui 10 месяцев назад

    VEry Amazing, no news from media on this in France.

    • @JoeNakamoto
      @JoeNakamoto 9 месяцев назад

      Je parle français si vous voulez que je fasse partager le message !

  • @issenvan1050
    @issenvan1050 10 месяцев назад

    How about banks in UK? Do they block/close accounts doing crypto activity?

  • @mupreport
    @mupreport 10 месяцев назад +2

    huge mark up on sats in Cuba. 20 pesos = 389 sats? when $1 in US can get you ~3,670 sats 👀

    • @krackherback
      @krackherback 10 месяцев назад +1

      The conversion rate seemed to be 200pesos for $1 at the time of recording?

    • @HelenaBoutel
      @HelenaBoutel 10 месяцев назад

      Where is the markup? Depending on where you buy them?

  • @Praptoprapti2023
    @Praptoprapti2023 10 месяцев назад +1

    What lightning wallet used in cuba?

    • @JoeNakamoto
      @JoeNakamoto 10 месяцев назад +1

      Phoenix Wallet, Wallet of Satoshi, Blink Bitcoin Wallet :)

  • @Netssa1
    @Netssa1 10 месяцев назад +1

    Cuba need profound changes 👊🏻🇨🇦