We will eventually reach a point where small, local #Bitcoin circular economies merge with each other and the #BTC circular economy will simply be the norm. The overall economy will simply be Bitcoin oriented, operating at scale as the only medium of exchange or alongside another fiat currency.
There is a very good chance that we will see this realized first in #ElSalvador. Not only are there already multiple local Bitcoin circular economies like Bitcoin Beach,
, and Bitcoin La Pirraya, but Bitcoin is also legal tender, it is being held and mined by the national government under leadership of
, the National Assembly, and the El Salvador Bitcoin Office, but Bitcoin education and financial literacy education are being integrated into the public education system, based on the
curriculum and model. This last point receives far too little attention. It assures the resilience of the population and the scale-up of normalized use of Bitcoin well into the future.
It is also very likely that the progress made in El Salvador over the coming years will cascade throughout Central America, with nodes of activity also being formulated by @AmityAge @bitcoinyucatan and others. A regional Bitcoin circular economy for Central America is just beyond the horizon, the reality of the next generation.
Onward!
8/24/2024, 25 engagements