Issue #38 - Tech Act Strikes & Attracts More Investment
Companies coming back and investment coming in for energy and roads.
Hola 👋
We must be having fun, the weeks go by so fast! We have our life, work, social and social media along with squeezing in time to research and visit property.
We are definitely not on a holiday here, but that is because the opportunity is so huge, it’s hard not to be inspired to be involved and take action.
Below are a few points about the bigger things that happened this week.
Thank you for reading. Have a great week.
Nicki & James
Week 41 Live:
Strike Returns with E4
Jack Mallers has established a new company called E4 to use as an international base for the expansion of Strike.
The Strike product here in El Salvador appears to now have support for the stable coin USDT and bitcoin lightning in Sathoshis. In the past it only supported USDT over lightning. A subtle but important improvement in being more of a Bitcoin product.
There was also talk we might see banking connections in the future.
https://twitter.com/MilenaMayorga/status/1659693035024703488
Energy Grid Investment and EU & US Interest
El Salvador currently consumes around 1,000 megawatt-hours (MWh) and produces well over 2x that.
But the dreams of future growth will require more production and network support. This expansion and growth combined with the new Technology Act make it an interesting investment opportunity to international companies looking to deploy their latest solutions.
South Korea Company to Build Viaduct Road
More roading infrastructure to improve flows between major centers. Japan and South Korea have been technology leaders in building great road and rail networks that helped their nations prosper.
Projects like these can have many flow on effects for the local economy including tourism and commerce.
https://twitter.com/rebecasantosni/status/1659994202032447490
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