Bitcoin Paraguay is the country's leading Bitcoin community, based in Asuncion and dedicated to connecting enthusiasts, sharing knowledge, and building local circular economies. The community serves as a central meeting point for Paraguayans interested in learning about and using Bitcoin in their daily lives.
Overview
Bitcoin Paraguay was co-founded in May 2024 by Jan Kotas (Czech software developer based in Paraguay), Lorena Almada (who works for JAN3/Bitcoin Beach), and Juan Pessolani. The community's Nostr public key is npub13ljnkd633c7maxatymv3y2fqq8vt3qk7j3tt0vytv90eztwgha9qmfcfhw.
Paraguay occupies a unique position in the Bitcoin world. The country is one of the largest producers of hydroelectric energy in South America thanks to the Itaipu and Yacyreta dams, which has attracted significant Bitcoin mining operations seeking cheap, renewable electricity. Bitcoin Paraguay channels this national advantage into broader community awareness, helping everyday Paraguayans understand not just mining but the full range of Bitcoin's potential as money.
The community operates through 4 chapters across the country: Bitcoin ASU (Asuncion), Bitcoin CDE (Ciudad del Este), Bitcoin ENC (Encarnacion), and Nueva Colombia. Monthly meetups regularly attract around 100 attendees -- a milestone the community reached within just 4 months of its founding.
Activities
Bitcoin Paraguay organizes regular meetups and educational events covering Bitcoin basics, wallet security, Lightning Network usage, and the principles of sound money. The community actively works to build circular economies where local merchants accept Bitcoin for goods and services, keeping Bitcoin circulating within the Paraguayan economy rather than treating it solely as a speculative asset.
Members share resources on P2P trading, self-custody best practices, and running Bitcoin nodes. The community also serves as a bridge connecting Paraguay's Bitcoin scene with the broader Latin American ecosystem. Key partners include Blink Wallet, Trezor Academy, FireFish, Bitcoin Advisors, and Vexl.
Accelerating Bitcoin Conference
In September 2025, Bitcoin Paraguay organized "Accelerating Bitcoin" (Acelerando Bitcoin) -- Paraguay's first Bitcoin-only conference, held at Paseo La Galeria in Asuncion. The event featured international speakers including Samson Mow (JAN3), Aydin Kilic (HIVE Digital), and Ignacio Pauls (OCEAN mining), establishing Paraguay as a serious venue on the Bitcoin conference circuit.
Significance
Bitcoin Paraguay is building the foundation for Bitcoin adoption in a country whose abundant hydroelectric resources already make it a global player in Bitcoin mining. By focusing on education and circular economy development, the community ensures that Paraguay's relationship with Bitcoin extends beyond energy export to genuine grassroots adoption and financial empowerment.