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I recently put out a conversation with Tomek Kołodziejczuk, who runs the Bitcoin District in Próspera on Roatán.

Próspera is one of the only jurisdictions on earth where a company can pay its taxes in Bitcoin and keep its books denominated in BTC. Not fiat with a settlement layer bolted on, but BTC as the actual unit of account. That comes from the 2024 Colindres resolution. The earlier 2022 one only gave other coins legal-tender status for transactions, so the unit-of-account part is specifically Bitcoin.

Tomek's own story is the backbone of the convo. What we get into:

  • The Bitcoin District itself: Orangeville, a wooden modular Bitcoin neighbourhood, the renovated Bitcoin Arena, and the quarterly BitChill retreats.
  • His bet that Roatán can become the most Bitcoin-dense place in the world.
  • A few tangents: the Satoshi documentary sub-genre, the quantum threat to Satoshi's coins, and where this sits against the Great Reset framing.

I pushed him on the gap between the vision and the reality, and he is honest that the local circular economy is not built yet. It is early.

Question for the territory: is unit-of-account in BTC, books and tax denominated in Bitcoin rather than just accepting it for payment, the real unlock for a Bitcoin economy? Or does it barely matter until a circular economy actually exists on the ground? Tomek's view is that the legal plumbing has to come first.

Listen here: https://fountain.fm/episode/uDCMkio9FJhVSCZxKKMv
Also on Spotify, Apple and YouTube etc.

I believe you can also pay taxes with Bitcoin in El Salvador, which is why Boltz decided to establish the company there.

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10 sats \ 1 reply \ @anon 22h

Boltz is no longer in ES, they moved to Prospera

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Thanks for the update.

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Accountably you can make your books with any coin as long as all reports are uniform to keep the information useful.

For regulatory purposes this is not victory, it's a different way to be robbed, stolen in bitcoin.

pay its taxes in Bitcoin

they will not see any from me

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a different way to be robbed, stolen in bitcoin.

I was going to say the same thing

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Badges? We don't need no stinking badges.

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