Popular Bitcoin news media service NewsBTC has decided to expand its operations to Mexico, a step that will enable people to access the local Bitcoin news and industry updates in Spanish.
The decision to expand into the South American sector has come in response to the territory’ growing reader base, especially in Mexico. NewsBTC aims to remove the lingual barriers between Bitcoin and the people, considering most of the bitcoin news services today report the events in English. According to the website’s chief, Mr. Jonathan Millet, this approach holds the potential of attracting more people into the digital currency sector.
“Education starts from home,” he says. “At NewsBTC, our mission is to educate people about the innumerable benefits of payment technologies like Bitcoin, in their own language. We further want to inform them that how it can vastly improve their unbanked status, reduce cost burdens on cross border transactions, and — none the least — empower them financially from the core.”
And indeed, Mexico is one such market that has been proving itself a haven for the Bitcoin adoption. The country’s population is highly dependent on the remittence it receives from its diaspora across the globe. Bitcoin literally saves these people from paying hefty commissions to banks and other payment alternatives. It is cheaper than its traditional counterparts, and ensures complete transparency during the time a transaction is taking place.
“Mexicans deserve a thorough education on Bitcoin,” adds Millet. “Our special education material, which will soon be available in Spanish, will ensure that they get to understand it completely, only to feel more confident towards adopting it into their day-to-day lives.”
Founded in 2013, NewsBTC’s launch was aimed at becoming one of the first promoters of a then-unknown cryptocurrency Bitcoin. Over a long time, the website has attracted millions of new and existing visitors on its highly-informative, accurate and speedy Bitcoin news updates. In addition to the industry news, NewsBTC has also been involved in offering daily intraday trading strategies on Bitcoin, as well as its sister currencies, including Litecoin, Dogecoin and Dash.