Bitcoin Forum

Bitpay has released figures showing a huge spike in transactions in Latin America, surging from 638 in February all the way up to 3,509 monthly in June 2015.

http://cointelegraph.com/news/114879/bitpay-monthly-bitcoin-transactions-up-510-in-latin-america

I wonder how many are in Puerto Vallarta?

So far, I haven't seen any yet, but I haven't looked very hard either...

638 is not a huge number; it is just 20 transactions per day. They should stop publishing percentage increases over a small base.
That said, good to hear about Bitcon adoption increasing in the developing world.

they do learn from greece....
money is quite useless on a bank were you cant reach it! ;)

This is also why these guys are moving operations there --> http://www.coindesk.com/cex-io-launches-bitcoin-exchange-service-in-latin-america/

This is staggering news --> “Among Latin America's 600 million inhabitants, more than 60% are unbanked, meaning they have no access to bank accounts.”

I think the most people are shifting towards Bitcoin due to the inflation rate of 20% on the Peso. Kudos for Bitcoin businesses reaching out to them.  ;)

Let's get in there, before it reach the stage where banks close their doors to them, like in Greece.  :o

You are right, but likely, it is just a reflection of the increased interest in Bitcoins in common. Most Latin Americans probably don't buy their Bitcoins over Bitpay. So the real new interest and purchases must be much higher.