A new episode of CBS’s 60 Minutes, which has been airing since 1968, will showcase El Salvador’s Bitcoin Beach on April 10.
The investigative news show will run a feature on the crypto-friendly town of El Zonte, a village in El Salvador, where residents and visitors have been able to use Bitcoin (BTC) to pay for everything from energy bills to tacos, according to a Friday post from 60 Minutes’ Twitter account. Mike Peterson, one of the people who funded the initiative and urged crypto acceptance among residents, was interviewed by Sharyn Alfonsi, a journalist and correspondent for the show.
President Nayib Buekele first announced the use of Bitcoin as legal cash in El Salvador during the Bitcoin 2021 conference, and it was later enacted in September 2021. Since then, the president has made multiple BTC purchases totaling 1,801 BTC as of January, equating to around $77 million at the time of publication.
Only 14% of respondents stated they have transacted in Bitcoin since El Salvador’s Bitcoin Law went into force, according to a poll released in March by the Salvadoran Chamber of Commerce, with more than 90% of businesses claiming that Bitcoin adoption had no influence on sales. The country is going forward with the development of Bitcoin City, a project financed with Bitcoin bonds and powered in part by geothermal energy derived from volcanoes.
In addition to cryptocurrency reporting, the 60 Minutes broadcast will feature an exclusive interview with Ukraine President Volodymyr Zelenskyy on the ground in the war-torn country. The Ukrainian government continues to accept crypto and fiat donations for humanitarian aid as well as military funds to combat Russian soldiers.
Read more: President Bukele is meeting CEO of Binance to boost Bitcoin adoption in El Salvador
