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Replying to Avatar BitcoinEkasi

This is where we're building a circular Bitcoin economy. The townships outside Mossel Bay.

Does #Bitcoin belong here?

I recognize that Bitcoin is not for everyone.

It is for anyone. Anyone can choose to adopt it. But it is a choice some will inevitably choose not to make.

Does it belong where the unemployment rate is sky high, 40 - 60%, where people live without basics like running water and where you wouldn't expect people to be interested in (or capable of) saving?

It is a question we intend to answer with practical experience. Boots on the ground and in the mud.

And, so far, after two years of running this experiment, it's clear that there's a need for something that gives anyone that choice.

That's the beauty, anyone can make that choice. There's never been anything else quite like it.

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dfa94a58... 2y ago

This is a fantastic enterprise ! Great work ! The main problem standing in the way of bitcoin's mass adoption is Gresham's Law. These shack dwellers in south Africa are getting a cynical fiat cash handout each month called SASSA. I fear that is priming them to be CBDC slaves. The problem is , if offered fiat printed handouts the hungry masses will beg for it.

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