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Bitcoin Island – bitcoins for all

bitcoin island

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On 19/10/2014
Last modified:20/05/2015


Bitcoin Island - bitcoins for all. You can be one of them !

Bitcoin Island – bitcoins for all

In the past, there were a lot of attempts to get cryptocurrencies between peoples eg. Not too successful concept of Auroracoin in Iceland. Never, however, it did not relate directly Bitcoin. It has, however, soon change.

The goal will be Caribic Island Dominica Caribbean ! – Bitcoin Island

For the first time in history has lead to the fact that bitcoin will be held every resident in the state. The island of Dominica (not to be confused with the Dominican Republic), thanks to the initiative Coinapult, Aspen Assurance, Bitcoin Beauties and CCN (College Cryptocurrency Network) witnessed an interesting experiment.


In cooperation with local authorities will receive in March 2015 in the framework of the “Let the Bit Dropeach of the 70,000 inhabitants of the Caribbean Republic a small amount Bitcoin. Dominica will become one of the places with the highest concentration of cryptocurrencies per resident, welcome to the bitcoin island

Date of event as a tribute to maths

Date of start of the event organizers was established on March 14, 2015 at 9:26 time to coincide with the International Day of the mathematical constant π Pi Day.

Ira Miller, CEO Coinapult explains Bitcoin comparing with the mathematical constant, and the basic principles of security and transparency.

Pi is an objective, mathematical truth, not a creation of man. Everyone can understand and use. Bitcoin uses the same objectivity and openness of financial transactions.

The project has broad support


In addition Coinapult and companies mentioned above, the project also involved the Massachusetts Institute of Technology MIT, who will be in charge of distributing educational materials throughout the island. The aim will be to explain to every resident, what is bitcoin, methods and benefits of its use. Also, local dealers will get enough information to accept bitcoin and how it was for them can have benefits.

According to CEO Miller Coinapult are also supportive of this initiative, officials of local authorities because they believe in economic potential that can bitcoin this Caribbean island has to offer.

Project sponsors can win a trip

Funding for the purchase of Bitcoin, which will then be distributed to the public free of charge will come from donations and sponsors who want to contribute to the project. Interested parties who would like to help this project also can send their contributions in Bitcoin to find all the details.

As in an interview for Mr. Post said Sarah Blincoe, Project Manager, minimum amounts are not restricted. But anyone who sends at least 0.1 BTC, will be placed into a draw for an all inclusive trip and join the celebrations!

Are you one of the promoters of Bitcoin island? You do not want to have a try? 🙂

Bitcoin Island - bitcoins for all. You can be one of them !

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