It is possible that Paraguay has a state bitcoin reserve, says Almada. She believes that Bitcoin will reach at least 1 million dollars per unit. Paraguay is in the center of the Latin American Bitcoiner map. With its abundant and cheap electrical energy, its social tranquility and a climate of growing international interest, the country is emerging as a reference point for those who seek financial and technological freedom. In this scenario, the voices Local Bitcoiners have more and more weight in global conversation. And, among those voices, Lorena Almada stands out, which resonates with particular conviction. Social Media Manager of Jan3 and Aqua Wallet, Almada does not hesitate to define itself as Maximalist of Bitcoin (BTC). For her, the digital currency created by Satoshi Nakamoto is not one more alternative between thousands: it is the only valid response against the oppression of the traditional financial system. The interview with Cryptonotics was held on September 15, 2025, during the “Accelera Bitcoin” conference, which took place in Asunción. In this space, Almada shared his Vision about Paraguay’s relevance for the Bitcoiner communityeducational challenges and their expectations about Bitcoin’s future globally.
What are your first impressions of this conference?
The truth is, for me it is a dream come true. Last year he had organized the first Bitcoin Only event here in Paraguay, the Bitcoin Halving Party. It was something super small, in the triple border, where we attracted people from Argentina, from Brazil, and it was a wonderful encounter. I wanted to take it to a larger level, at a conference level, and this was achieved this year. For me, the truth is a giant step for Paraguay.
These days you tweeted that there are many bitcoiners moving to Paraguay, is it true, is happening, or is it a wish?
Not only Bitcoiners, but also foreigners who are digital nomads. They are looking at Paraguay because the country offers that freedom. We know that today the whole issue of pressure, monetary totalitarianism, and Paraguay has become very difficult, has become an attraction for foreigners.
Paraguay has an energy surplus that can be used to exploit Bitcoin mining. Source: Google Maps. I think it is one of the best countries for Bitcoiners, because freedom, tranquility and security that are here in Paraguay are very good, really.
You define yourself as Maximalist of Bitcoin Why Bitcoin and not any of the tens of thousands of cryptocurrencies that have been invented?
I have a very economical vision. I have studied a lot about economics and on finance, and once you understand how the financial system works and you get in that, you see Bitcoin as the only solution. Within the niche of what they call «crypt», you realize that Bitcoin is the only decentralized currency. The others are like startups, companies where there is a face behind, a group of developers that control it. Then, Bitcoin is the only really decentralized in the world. And nothing, without counting on their characteristics, I would say that others are just a cheap copy of what Bitcoin is. I don’t want to give spoilers, but we are trying. I believe enough that education is the path of everything, and that not only includes the population, the citizens of the country, but also our rulers. If we look around, taking advantage of that energy surplus, the amount of electricity we produce, one thinks: «They can sell and form a strategic reserve.» Not just that. You can undermine Bitcoin, improving our airport that is super small, doing a lot of things financed by Bitcoin. And you have the most important and valuable resource, which is energy.
What do you see that it is the greatest fear that moves people to adopt Bitcoin currently?
I would say that the scam mainly, the scammers. We want or not, it is something so new for many people who, first, always run into someone who wants to cheat them, sell them fast profits or something, and end with a bad experience. Even Sunday we had a meeting in which a Paraguayan told how they were scammed. Rule number 1: If you promise you fast profits or an investment opportunity, you have to be attentive. So, there are several myths, but not only myths: there are also people who take advantage of other people, since this is something very new and perhaps difficult to understand.
Clarifying that it is not financial council or investment recommendation: how much do you think the price of Bitcoin will arrive in this cycle?
I agree with Samson Mow, who is my boss, in which he reaches 1 million dollars. But I don’t think it’s this year or the next one. Yes, at least 1 million dollars in 10 years. This is something super pessimistic, but that is my opinion.
