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44 sats \ 2 replies \ @LibertasBR 30 Mar \ on: Bitcoin in Guatemala bitcoin
How is the government and economy of Guatemala? What were the steps or the movement that made this adoption so significant? I like to analyze this data to think about solutions for my reality and my country.
It’s beautiful to see all these Bitcoin signs and stickers scattered among the advertisements we’re used to seeing every day.
From the little I have learned in my short time with Bitcoin, it is power for everyone, especially for the poorest, who are robbed by inflation.
It certainly is power to the people!
I really dont know much about the state of Guatemala's government/economy, all I can tell from my time there is that organic adoption is catching on like fire in the wind
Like many places around the world, it seems to me that places without robust financial infrastructure come around to bitcoin more quickly, as it sidesteps a lot of the unnecessary friction that our archaic "modern" systems rely on. It's kinda like water naturally flowing to the easiest path available.
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This natural adoption is great, and having it grow organically is even better for grassroots adoption.
I asked about the economy because I’ve been in contact with many people from economically struggling countries or places burdened with excessive taxes. Here, the banking system is modern, and we have a fiat payment system that resembles Lightning in speed and simplicity. I don’t see this as a barrier—rather, it helps explain that it’s a similar system but with a different currency.
Anyway, it makes me really happy to see these images and know that adoption is spreading.
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