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The Exciting Rise of Bitcoin Circular Economies through Grassroot Adoption!

The SatsMate Stack
The SatsMate Stack
Episode • Feb 23, 2024 • 7m

Hi All, 

Over the past five years, there have been significantly more circular economies adopting bitcoin worldwide. Everywhere from the Bitcoin Jungle to Bitcoin Beach, Bitcoin Ekasi, Vietnam, Lugano, and countless others - we are seeing a large increase in people starting to trade and transact locally in communities with Bitcoin/Bitcoin Lightning. 

I think this trend will continue to grow, and in the future we will see hundreds of these spots around the world as people are opting out of fiat into a better asset class. Specifically, I think the grassroots adoption will be led by those who have sufferred the most from bad monetary policy, but concurrently are forward thinking and willing to take a calculated risk. 

This podcast covers the following: 
-Thriving circular economies are popping up all around the world
- Increase of tourism and education amongst the locals
- Experimentation of the pain points or drawbacks before this rolls out across the world
- Enhancement of culture amongst both bitcoiners and locals
- Empowerment of youth and more broad education

Overall one of the things that I am the most excited about when it comes to bitcoin is the circular economies. I genuinely believe we will see more rise over the coming months and years, and in the near term it is important to support these as they come about. Here are a few that I have linked that I currently am supporting: 

Bitcoin Beach Education: https://geyser.fund/project/miprimerbitcoin

Bitcoin Beach Brazil POS: https://geyser.fund/project/bitcoinizepos

What are your thoughts on circular economies? 

SatsMates

Bitcoin Buys: https://invite.strike.me/2MSTYG

Bitcoin Address: bc1q7mahtup2zwnshwjppc5rqxcn0ydg5k5h4j3npth6vtxjdum2c2eqvx53ck

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment. 

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