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Crypto IRL: Mexico’s only Bitcoin Bar

We’re speaking with individuals who are leading the charge in the crypto revolution by using cryptocurrency in real life to drive financial inclusivity, enterprise, and innovation.

We’re kicking off this series in La Condesa, a leafy neighborhood in Mexico City where you’ll find Mexico’s only dedicated Bitcoin bar, Bitcoin Embassy Bar.

Lorena Ortiz is the Director of Bitcoin Embassy Bar. A self-described punk, she immediately aligned with the values of a decentralized self-sovereign currency when she was first introduced to bitcoin by a friend back in 2015.

A social psychology major, when delving further into the crypto space Lorena recognized the importance of building community around new ideologies. So in December 2018 at the very dip of the bear market, Lorena opened the Bitcoin Embassy Bar to support the cryptocurrency movement in Mexico.

The pairing of crypto and remittances is also a huge area of interest for Lorena. According to the World Bank, remittances to Latin America and the Caribbean are estimated to have grown 9.3% from 2021 to 2022 to $142 billion with a 15% increase for Mexico alone.

Drinks are not the only thing on the menu as the space is also a dedicated education venue which teaches individuals about how to use bitcoin and keep it safe.

Lorena has a core group of community locals who remain faithful to this space, returning week after week to learn more and share with others.

We can’t wait to see what Lorena does next with Bitcoin Embassy Bar, ¡salud!

Do you have an example to share of how cryptocurrency is being used IRL? Tweet us! @blockchain



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