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121 sats \ 3 replies \ @DarthCoin 8 Sep \ on: Circular Economy with Bitcoin in Cuba. a necessity bitcoin
Sorry but this is not well described a circular economy.
Is more like a contraband economy.
Circular economy is when you produce, trade, exchange, pay, receive in bitcoin, not jumping around from one currency or form of payment to another.
Tell me stories about somebody PRODUCING something locally and selling it for sats directly. Then using those received sats to buy other materials to produce more of that product sold on sats. And so on, using between each others bitcoin as medium of exchange and never go back to other fiat methods.
THAT is the real circular economy.
This is precisely what we want to do. At the moment it is not possible for us. In our case we produce ceramic articles, which if we could market in Bitcoin and then we could acquire the raw materials and machines and other resources, then the economy would close and circulate around Bitcoin. That is the true circular economy as you say, but it requires effort, education, will, so we have to keep working.
If in your case you are working on some circuit economy experiences in your environment, I would greatly appreciate your suggestions so we can move forward.
We have heard of experiences in the Dominican Republic, there they use WoS and Blink, they are not ideal, but they are already working. El Salvador is very advanced, also thanks to the government's management, truly in favor of Bitcoin and its adoption, with facts and not promises.
In reality we do not do smuggling, we look for solutions to problems specific to our environment. We buy and sell like any merchant. Would you say that doing arbitration is contracting?
But still, I appreciate the time you took to comment. Greetings.
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