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From beer to Bitcoin as authorized tender: A BTC schooling in Roatán


Few crypto lovers around the globe may level to the distant island of Roatán previous to the Bitcoin 2022 convention in Miami. 

Dušan Matuska was one among them, a Bitcoin (BTC) educator whose plans to open a Bitcoin schooling middle in a former brewery entangled with the Satoshi Nakamoto-inspired imaginative and prescient of a particular financial zone in Honduras referred to as Próspera. Positioned on Roatán, Próspera accepts Bitcoin as de facto authorized tender as of April 2022.

However how did a Slovakian Bitcoin miner stumble throughout one of many few places worldwide to simply accept Bitcoin as de facto authorized tender? And, what does a brewery need to do with it?

In late 2021, Matuska’s Bitcoin mining mates talked about the Honduran isle of Roatan, explaining their intention to purchase a number of plots of land on the picture-perfect island. Given the success of neighboring nation El Salvador and the Bitcoin Seashore Bitcoin adoption story, in addition to his private mission to show 100 million individuals about Bitcoin by 2030, Matuska’s curiosity was piqued.

Matuska flew over from Paraguay, the place he was investigating renewable Bitcoin mining operations, and rapidly realized Roatán is a “good small island in Honduras” that has “lovely views.” It’s like a “hidden pearl of the Caribbean.”

Nevertheless, it’s small, so “after two weeks having a vacation there, you begin to get bored.”

“Since our mission is all the time to teach individuals about Bitcoin, we started cooking up concepts a couple of Bitcoin schooling middle in Honduras.”

According to different Bitcoin grassroots tasks around the globe reminiscent of El Salvador and Portland, Oregon, whereas drawing from his personal expertise educating individuals about Bitcoin at crypto cafés in Jap Europe, Matuska started scoping out facilities for Bitcoin schooling.

The Paralení Polis various schooling café in Prague, Czechia. The house turned a Bitcoin schooling middle. Supply: Google

A curious coincidence, Matuska is Slovakian — Czechs and Slovakians are shut and share comparable tradition and histories — and Czech is the second-largest expat inhabitants on the island after the People. What’s extra, an outdated Czech brewery had fallen into disarray.

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The brewery has fallen into disrepair (left).

The previous Czech brewery gave the impression to be the best alternative to rejuvenate a drained house and convert it into a spot the place guests may be taught concerning the world’s largest cryptocurrency. “It appeared like a Bitcoin Citadel,” Matuska instructed Cointelegraph.

 The beers to Bitcoin story had begun.

Nevertheless, the scale and scale of restoring a big and derelict brewery into an schooling middle had been daunting. When Matuska and the workforce “checked it out, the constructing was rotten and broken.” Restoring the relic would value “possibly tons of of hundreds of euros to place again to a traditional state.”

In one other blissful accident, the Próspera enterprise occasion was happening on the island, simply across the nook. Próspera is a particular financial zone within the middle of Roátan that hosts its personal civil regulation and regulatory construction. Próspera’s legal guidelines take inspiration from the vastly profitable Shenzen financial zone in China, in addition to Dubai.

The Próspera particular financial zone. Supply:

Matuska left the brewery to participate within the convention buoyed by conversations he had about Honduras probably adopting Bitcoin as authorized tender. He defined that in Roatán in early 2022:

“You possibly can pay some taxes in Bitcoin; companies had been tremendous open to accepting Bitcoin, or another foreign money, as a result of there’s a enormous quantity of freedom in the entire space.”

In the course of the convention, a golden alternative introduced itself: Matuska was requested to debate his work with Bitcoin and schooling.

“I used to be considering, okay, ought to I current the potential Honduras Bitcoin Training Middle? Like, Is it okay or not? Ultimately, I made a decision I ought to.”

Shortly after the presentation concerning the brewery to Bitcoin venture, Erick Brimen, founder and CEO of the Próspera particular financial zone, turned to Matuska. “Include me,” he mentioned.

“Erick Brimen took me to a constructing on the highest viewpoint on Roatán in Pristine Bay. It’s a tremendous constructing. Proper now, there’s a college but it surely’s outgrown the constructing. In June, it’s going to be free. And. it’s going to be the place we begin constructing the middle.”

Overlook the derelict brewery, an excellent higher Bitcoin schooling middle had fallen into Matuska’s lap. Furthermore, Matuska obtained the nod from the CEO of the group that was the driving drive for Bitcoin as authorized tender in Próspera.

Visited Roatan island in Honduras final week to discover a place for our future Bitcoin Training Middle. We had been supplied this glorious constructing in @Prosperahn to begin in one of the crucial #Bitcoin pleasant jurisdictions

— Dusan Matuska (@dusan_matuska) April 11, 2022

Brimen defined to Cointelegraph that the Bitcoin schooling middle in Próspera aligns with their key strategic goals of figuring out “100 cocreators that might be ‘palms on’ in activating a string of strategic tasks.”

“Dusan’s venture is one among them, he’s co-creating one thing vital to the jurisdiction by putting in a Bitcoin schooling middle. Decentralized finance is vital and Bitcoin is a significantly better type of foreign money than conventional fiat. We need to allow that.”

Upon seeing the brand new constructing and the size of the venture, Matuska’s mind went into overdrive. He wanted to speak to his girlfriend, his colleagues, immigration authorities and airways as they’d simply “a few weeks or months simply to set it up and begin to put the whole lot collectively.”

Matuska instructed Cointelegraph that the Próspera venture was eager to do “the whole lot on Bitcoin.” A deal was struck simply weeks earlier than Bitcoin 2022.

Throughout Samson Mow’s keynote speech at Bitcoin 2022, Bitcoin as a de facto authorized tender was introduced in Próspera, Honduras and Madeira, Portugal, whereas a Mexican senator shared bold Bitcoin plans for her nation.

The announcement made throughout Bitcoin 2022 in Miami. Supply: YouTube

Matuska jokes that the President of Próspera, Joel Bomgar, virtually talked about the Bitcoin schooling middle throughout the keynote speech, however the time constraints of simply “90 seconds on stage” didn’t fairly permit for it.

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Again in Honduras, the Bitcoin schooling middle is rising in significance as a part of Próspera’s and Brimen’s imaginative and prescient for Bitcoin. In the end, Bitcoin must be understood and used accurately.

The view from the highest of the Bitcoin schooling middle in Próspera. Supply: Matuska

Brimen instructed Cointelegraph that “it isn’t sufficient to easily make it authorized,” as individuals ought to “have the instruments accessible to them in addition to the information to make use of it optimally.” He continued:

“Since it’s thought-about authorized tender, we need to allow individuals to not simply have the precise to make use of it however to make use of it responsibly.”

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Consequently, Matuska is eager for Bitcoiners around the globe to go to, attain out and be a part of the change occurring in Honduras.

“Próspera really requested us to be the leaders by way of onboarding companies in Honduras, serving to them out and setting the whole lot up. For us, it’s an enormous leap towards our imaginative and prescient of accelerating Bitcoinization. And, that’s why I simply couldn’t say no.”

“Lecturers from Czechia and Slovakia are flying out to show,” however the workforce continues to be skinny on the bottom. As Brimen concludes, “to make use of Bitcoin to the utmost profit doable,” they’re going to want all the assistance they will get.

Próspera’s new Bitcoin schooling middle. Supply: Matuska

As for the previous brewery that is fallen into disrepair, Matuska instructed Cointelegraph that “possibly” sooner or later, there might be a Bitcoin-related venture happening there. It might be a disgrace to let such a good looking constructing go to waste. 

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