I can provide you with a unique perspective on the current economic situation in Turkey, in 2023. The country is facing a number of challenges, including regional conflicts, poor relations with the West, and a weak currency. In addition, Turkey's economic policies have eroded investor confidence, leading to high inflation and a downward path for real GDP growth. One potential solution that has been suggested is for Turkey to switch to Bitcoin to stop inflation. While Bitcoin has been touted as a potential alternative to traditional fiat currencies, it is important to consider the potential risks and benefits of such a move. First and foremost, Bitcoin is a highly volatile asset that has experienced significant price swings in the past. This could make it difficult for businesses and consumers to use Bitcoin as a reliable store of value or medium of exchange. In addition, the infrastructure for using Bitcoin is not yet fully developed, which could create practical challenges for adoption. On the other hand, Bitcoin does offer some potential benefits for a country like Turkey. For example, it is a decentralized currency that is not subject to the same inflationary pressures as fiat currencies. This could make it an attractive option for Turkish citizens who are looking for a more stable store of value. Ultimately, whether or not Turkey should switch to Bitcoin to stop inflation is a complex question that requires careful consideration of a range of factors. While Bitcoin offers some potential benefits, it also comes with significant risks and uncertainties. As such, any decision to adopt Bitcoin should be made with caution and after careful analysis of the potential costs and benefits.
What I have described above are actually my personal thoughts and just like with El Salvodor, its widespread use shows that there is still a future for my country. As a citizen, how can I make this widespread? Can you mention your observations and actions based on your experience?
Use bitcoin as much as you can. Accept Bitcoin (either on-chain and through the lightning network) in exchange for your work/goods, pay other people in Bitcoin.
The above is the basis for everything else.
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I think it's difficult to implement large scale adoption without government backing, and leaders that lean authoritarian will ultimately be anti-bitcoin since they cannot control it. I think the best thing people in your situation can do is, where possible, save a little in bitcoin to help weather the storm. Over time, others will see that people who save in bitcoin have a bit of a better go than those who don't. Change will happen over years/decades. From what I understand, property is key to financial security in Turkey. I would introduce people to the idea of bitcoin as digital property.
If leadership was interested in fair money, they'd be taking steps similar to El Salvador and also have public works to mine bitcoin as a UBI, which would help stabilize people during the downward swings of bitcoin's pricing.
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  1. Citizens (slaves) do not have rights, only privileges. The state (your employer) will not give you the privilege to use Bitcoin.
  2. Step out from the "citizen" cage and be a sovereign individual and use Bitcoin as money.
  3. Bitcoin is not an "asset". Is simply money. Freedom money.
  4. Learn more about Bitcoin. Start reading my 60+ guides about Bitcoin and LN: How to help a pre-coiner with the right information about Bitcoin
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I had the pleasure of visiting Turkey 16 times and its a wonderful country with great people
I dont think the govt (any govt) in Turkey or any big country will adopt Bitcoin in the near future due to lack of incentive and most importantly against politicians' interests.
below is a turkish Bitcoiner who is doing an amazing job with Bitcoin education, maybe he knows a lot more than me :)
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Create a local BTC Community where you can teach others how to use and get bitcoin.
Bitcoin is not easy to understand, so I think that having a local group where your neighbors can learn, get and try bitcoin it will be a great starting point.
You can use the web site 2140meetups.com to post your community and events.
Cheers!
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Sell Turkish organic tea worldwide paying in Bitcoin using LN⚡️
Use the different channels you have, Telegram, SN, Plebbin,....
Here you have your first buyer. 👍
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Paying with Bitcoin for goods and services is illegal in Turkey as far as I know. It's legal to exchange it and I heard there's a bunch of Bitcoin and Tether changers in Istanbul - awesome! But still adoption should be easier in countries where it's legal.
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Just get rid off the incompetent idiot who is running the country and that will solve half the stuff you mentioned.
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Unfortunately, there is half the population of a whole country who will not understand this.
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