Bitcoin Latam Report

#EP4 Ronny Avendaño - From Toronto to El Zonte - Founding and growing the Bitcoin Hardware Store

Maciej Cepnik - CMO at Aureobitcoin.com Season 1 Episode 4

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0:00 | 59:30

In Episode 4 of the Bitcoin Latam Report, Maciej Cepnik interviews Ronny Avendaño, founder and CEO of the Bitcoin Hardware Store, in Mexico City at La Casa de Satoshi. Ronny shares his journey from Toronto to El Salvador, how meeting “real Bitcoiners” pushed him toward self-custody, and why he started the store after realizing how hard it was to get basic Bitcoin tools like a node.

They discuss what Bitcoin adoption actually looks like in El Salvador, the country’s major improvements in safety, the remaining infrastructure gaps, and how Bitcoin can help solve real problems. The episode also covers choosing Bitcoin-only open-source hardware, helping users move off exchanges, inheritance planning, and Ronny’s plan to expand the hardware store model across Latin America.

00:06 Ronny arrives in Mexico / La Casa de Satoshi
02:07 Moving to El Salvador
04:27 Origin of the Bitcoin Hardware Store
09:15 El Salvador then vs now: safety transformation 
14:05 Using Bitcoin mining to solve infrastructure problems 
16:31 Setting expectations: El Salvador isn’t Bitcoin heaven yet—advice for movers
26:14 Why a physical store works
30:59 Why El Zonte?
40:36 Hiring & training
45:30 Product selection criteria
50:20 Inheritance planning
55:47 Expansion plans 
58:06 Next Locations of the Bitcoin Hardware Store

Show Notes

Follow Ronny on X: @ronnyavendano_

Follow The Bitcoin Hardware Store on X: @tbhs_sv 

Follow Maciej Cepnik on X: @CepnikMaciej 

Follow Aureo on X: @AureoBitcoin