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@ BitcoindollarBook
2025-04-29 13:32:41
Good video. This kind of development is exactly what we should expect.
Bottom-up adoption of #Bitcoin is a long, generational process. El Salvador, however, represents a unique case — a top-down experiment in what could be called a #Bitcoindollar system.
Real estate prices rising, gentrification — these are common side effects when wealth (whether in fiat or bitcoin) flows rapidly into a country. But El Salvador has two distinct advantages:
1. Bitcoin as a platform for sustainable development.
We’re already seeing this in initiatives like tech education programs for kids, and Bitcoin-native companies (like Tether) relocating to El Salvador. It’s not hard to imagine the country positioning itself as the future LATAM financial hub for the Bitcoindollar economy — potentially outpacing traditional players like Panama 🇵🇦 .
2. Strategic Bitcoin Reserves.
Unlike passive asset accumulation, 🇸🇻 El Salvador’s bitcoin treasury gives the government a unique tool. If used wisely, it could fund infrastructure projects that directly benefit the broader population — not just asset holders. Rising real estate prices may enrich a few, but strategic investment can raise living standards for many.
The hope is that, in a few years, “Mama Rosa” has expanded her store, hired staff, improved her home, and lifted her family’s quality of life. #Bitcoin is the tool — but the outcome depends on the political will to use it for the benefit of the Salvadoran people.
Let’s hope President Bukele follows through.