• Madeira is a Portuguese island 600 miles off the coast of Portugal and has become an up-and-coming Bitcoin base.
• Pleb Music recently shot a Bitcoin documentary on the island to highlight its potential for cryptocurrency adoption.
• The island’s development is limited by its size, with tourism, remittance, trade and ecotourism as key sources of income.
What is Madeira?
Madeira is a small Portuguese island located 600 miles off the coast of Portugal in the Atlantic Ocean. It has become popular amongst tourists thanks to its stunning scenery, warm climate and diverse cultural heritage. Low-cost airlines offer regular flights to various European capital cities while there are also direct services to New York City.
Why do Bitcoiners Talk About Madeira?
Madeira has been identified as an up-and-coming Bitcoin base due to its potential for cryptocurrency adoption. This summer, Pleb Music produced a documentary highlighting this potential through interviews with local experts and stunning drone footage of the island.
What are the Major Sources of Income in Madeira?
Tourism is one of the major sources of income in Madeira as it offers visitors Instagram-worthy landscapes and pleasant temperatures throughout most of the year. Additionally, locals often send remittance back home from abroad while tea, wine and other goods are exported from ports on the island. Ecotourism initiatives have also been launched in recent years to keep money flowing during low seasons.
What Does Madeiran Cuisine Have to Offer?
Madeiran cuisine has something to offer everyone; from espetada (similar to a posh kebab) made with local meat skewers, steak dishes and fresh fish options – all washed down with some local passionfruit or banana!
In conclusion, it’s clear that Madeira should now feature on any traveling Bitcoiner’s bucket list! From breathtaking views and delicious food offerings to natural resources that can be used for crypto trading – this small Portuguese Island certainly packs a punch when it comes to potential for cryptocurrency adoption!