The adoption of Bitcoin in Sri Lanka has been steadily growing thanks in part to the efforts of the Bitcoin Deepa (Bitcoin දීප) initiative, which is also known as the “Pearl of Satoshi.” This initiative, inspired by the work of Bitcoin Beach in El Salvador, has been working to increase awareness and understanding of Bitcoin in the country through educational events and workshops.
The First Ceylon Bitcoin Meetup and its connection to the global project “Run with Bitcoin — Paco de La India”
The first Ceylon Bitcoin Meetup was organized by the global project “Run with Bitcoin-Paco de La India,” which was led by Hitesh Matlani aka Paco. Paco is traveling around the world in order to “Orange Pill” others about Bitcoin, raising awareness about Bitcoin along his journey. At the first Ceylon Bitcoin Meetup, Paco shared his extensive knowledge about the Bitcoin lightning network and demonstrated the speed of the network infront of participants of the event. This event was an opportunity for people in Sri Lanka to learn more about Bitcoin and connect with others who are also like minded & interested in Bitcoin.
The Bitcoin Deepa Initiative and its mission to increase awareness and understanding of Bitcoin in Sri Lanka
The Bitcoin Deepa Initiative, also known as the “Pearl of Satoshi,” has been met with great enthusiasm in Sri Lanka. The project, which aims to increase awareness and understanding of Bitcoin in the country, has successfully completed its first phase. The name “Bitcoin Deepa” was derived from the Sinhala language, where “Deepa” means “island.” The name “Pearl of Satoshi” was inspired by the location of Sri Lanka as the “pearl of the Indian Ocean.” This community-driven initiative is supported by individuals like Ash, a prominent SL Bitcoiner, and organizations like CeylonCash, a well known crypto community in Sri Lanka. The initiative has received strong support from the local business community and the global Bitcoin community. The responses to the Bitcoin Deepa initiative have been overwhelmingly positive, with many people expressing a keen interest in learning more about Bitcoin and how it can be used in their daily lives. This is especially exciting for Sri Lanka, which has a large unbanked population and is looking for ways to increase financial inclusion.
The Second Ceylon Bitcoin Meetup and the appearance of a special guest Mike G
The second Ceylon Bitcoin Meetup was a highly anticipated event, with many people looking forward to learning more about Bitcoin and its potential to transform the financial system. The meetup featured a special guest, ‘Mike G’, a Bitcoin lightning network app developer from Los Angeles. Mike G shared his insights and knowledge about the Bitcoin lightning network and answered questions from attendees.
In addition to Mike G’s presentation, the meetup also featured a speech by CMNisal, the Community Lead and the Founder of CeylonCash. CMNisal shared information about the Bitcoin circular economy in Sri Lanka and the role that Bitcoin can play in increasing financial inclusion. The meetup was held at HatchWorks, which has been a constant ecosystem partner for these Bitcoin meetups in Sri Lanka.
The response to the event was immensly positive, with many people expressing a desire to learn more about Bitcoin and how it can be used in their daily lives. The journey towards greater Bitcoin adoption in Sri Lanka is well underway, and events like the Ceylon Bitcoin Meetup are an important part of this journey.
The ongoing journey towards greater Bitcoin adoption in Sri Lanka, with the support of organizations like Hatch Works and the global Bitcoin community
The Bitcoin Deepa Initiative and the Ceylon Bitcoin Meetups are part of a larger journey toward greater Bitcoin adoption in Sri Lanka. These events have been met with great enthusiasm and have helped to increase awareness and understanding of Bitcoin in the country.
This journey towards greater Bitcoin adoption in Sri Lanka is well underway, and events like the Ceylon Bitcoin Meetup are an important part of this journey. The support of the local business community, organizations like CeylonCash, and individuals like Ash and CMNisal has been crucial to the success of the initiative and the meetups. As the journey continues, it is clear that Bitcoin has the potential to play a transformative role in the financial system of Sri Lanka.