This is what a Bitcoin Circular Economy looks like \ stacker news ~bitcoin

This is what a Bitcoin Circular Economy looks like

13.7k sats \ 36 comments \ @JoeNakamoto 6 Apr bitcoin

Hey!

I’m a bitcoin journalist obsessed with documenting bitcoin around the world.

Here's my latest story from Bitcoin Witsand in South Africa!

I'd love to hear what you think, Stackers.

I hope it inspires you to do more with bitcoin.

Video:

This African Town is Living in the YEAR 2030

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308 sats \ 1 reply \ @siggy47 6 Apr

I always enjoy watching your adventures. Thanks for posting here on SN.

75 sats \ 0 replies \ @JoeNakamoto OP 15 Apr

Thank you! I'll continue to do so. particularly when I get zapped sats! :D

81 sats \ 1 reply \ @iguano 6 Apr

The question is , how these store pays for the supplies they provide ?

10 sats \ 0 replies \ @JoeNakamoto OP 15 Apr

That I don't know yet—although there is undoubtedly some exchanging into other currencies. Question then is, do they try to trade in the dollar or the rand when interacting with the 'outside' world?

72 sats \ 0 replies \ @JoeNakamoto OP 6 Apr

They are @bitcoinwitsand on Twitter and you can also find Them on Nostr!

111 sats \ 0 replies \ @amaurel 6 Apr

Inspiring story. What would be your key takeaways?

Parties rather than Bitcoin meetups?
Loud minorities can create change? aka bitcoiners are changing the world?
Adoption is spreading? Ppl understand their local currency can't compete against the USD dollar (or British pound)

Thanks for sharing those inspiring insights! Are the witsanders aware they're also having an impact on the green transition, adopting Bitcoin is good for the environment, promoting renewable energy?

100 sats \ 5 replies \ @btc_remnant 6 Apr

Very inspiring!

I'm very envious to see that. I live in a 5 million people city and I can't barely use my bitcoin to buy anything...

Thanks a lot for bringing this :)

10 sats \ 4 replies \ @tolot 6 Apr

That's somehow the reality for a lot of people. The real question is, what are you doing to change the situation?

10 sats \ 3 replies \ @btc_remnant 6 Apr

I'm not good at that. I ask if they accept bitcoin at places where I buy, but they laugh nervously, like if I asked "Do you sell cocaine?" or something... So what would you do there?

20 sats \ 2 replies \ @tolot 6 Apr

Do you have some bitcoiner friends in the city? If not so, are there any. Presumably (and statistically speaking) you'll find some. Are there some monthly/weekly meetups for bitcoiners in your city? If so, then it's a good start to meetup with other people and maybe start talking about bitcoin to merchants. If there are no meetups, then start one. People are the engine of the bitcoin explansion, so meetup with others and figure this out.

0 sats \ 1 reply \ @btc_remnant 6 Apr

Yeah, we have a meetup, and we have a few places to buy some drinks with sats. But beyond that, I almost cannot pay for anything with them...

1 sat \ 0 replies \ @tolot 6 Apr

Just keep up with the work and keep pushing, people are simply drowning in their day-to-day life and maybe need to be made aware of Bitcoin and its advantages

11 sats \ 0 replies \ @leo 7 Apr

Check out Vancouver, BC. North America's number one community that actually uses Bitcoin!

11 sats \ 1 reply \ @Bitcoinisawesome 6 Apr

Joe, another wonderful piece from you. I've been sending your videos to family and friends without much context because if they can't put the pieces together after watching your stuff, that's on them.

I LOVE the parts of this video where you take the time to explain some important things to the people who may need the explanation. I will be mass forwarding this video to all my no-coiner friends and family. Please, keep that up! Even if it feels redundant to you.

BEAUTIFUL!

0 sats \ 0 replies \ @JoeNakamoto OP 15 Apr

Man this comment made my day—thank you!!

Yessir, more family friendly explainers coming your way! :D

Joe

10 sats \ 1 reply \ @jakoyoh629 6 Apr

These stories are so entertaining! I love the mix of adventure and humor. I'm also intrigued by this city you're talking about. I've never heard of it before.