pull down to refresh
480 sats \ 0 replies \ @ewok 26 Apr 2023 \ on: What can be done as a citizen to adopt Bitcoin in Turkey? bitcoin
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.