This African Town is Living on Bitcoin only

https://www.youtube.com/watch?v=wp2SonEgquQ

Bitcoin Witsand, a small town on the southern coast of South Africa, has embraced Bitcoin as its primary currency, creating a thriving Bitcoin circular economy.

Highlights

🌍 Bitcoin Witsand operates as a Bitcoin circular economy with high adoption rates, where residents can pay for almost everything with Bitcoin.

💰 Hospitality staff earn and even split their tips using the Bitcoin lightning network, demonstrating widespread acceptance and usage of Bitcoin.

🏘️ The town boasts Bitcoin graffiti, giant Bitcoin signs, and the Bitcoin white paper displayed in many establishments, showcasing its dedication to Bitcoin adoption.

📈 Bitcoin adoption in Witsand has led to neighboring towns also onboarded to accept Bitcoin, indicating the potential for broader adoption beyond the town’s borders.

🚀 Despite initial challenges, including slow merchant adoption, Bitcoin Witsand has seen exponential growth, with a significant increase in the number of businesses accepting Bitcoin over time.