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A Brazilian, an Argentinian, and a Salvadoran company share their insights into operating a bitcoin-based business. One of the most complex activities there is.
In Blink’s Bitcoin adoption series, we’ve featured circular economies and real people's stories. Now, it’s time for Bitcoin businesses, a crucial part of the equation. For Bitcoin adoption to take place, the real people living in those circular economies need to exchange their sats for essential items and services. Without economic activity, the whole enterprise falls apart.
Among those Bitcoin businesses, there are two kinds of enterprises: software-based and brick-and-mortar. Each one has its own characteristics and different functions, but all are necessary for a robust ecosystem to emerge and Bitcoin adoption to succeed. For this article, we will focus on software-based businesses.
We’re putting a spotlight on Latin America because of 1.- Its vibrant Bitcoin scene, and 2.- Accessibility for the author. The selected companies for this particular piece are Brazil’s Spike to Spike, Argentina’s Roostock, and El Salvador’s Bitcoin Travel.