What Happened to Bitcoin in Bali? Its Rise, Fall, and Comeback | Diana & Marius

Live from Bitcoin Beach in El Zonte, El Salvador, In this episode, I sit down with Diana and Marius, a German couple on a mission to make Bali a Bitcoin Island—again! We dive into their journey of moving to Indonesia, discovering Bitcoin’s potential, and building a Bitcoin circular economy despite some major obstacles.

Bali was once a hotspot for Bitcoin, with businesses accepting BTC and ATMs everywhere, until the government cracked down in 2018. But Diana and Marius didn’t give up. Instead of fighting the system, they got creative. Now, they’re educating communities, growing Bitcoin meetups across Indonesia, and running the Bitcoin House in Canggu, a hub for learning, sharing, and spending Bitcoin, without breaking the rules.

We talk about why 74% of Indonesians don’t have a bank account and how Bitcoin can help, the Bitcoin ban in Bali and their smart workaround using Fedimint, and how they’ve grown 31+ Bitcoin meetups across Indonesia. They share what it’s like to build a Bitcoin community from scratch and their big vision: Making Indonesia the second country to adopt Bitcoin!

If you’re into grassroots Bitcoin adoption, financial freedom, or just want an excuse to visit Bali, this one’s for you.

- Mike

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