Every local meetup group should be trying to build a circular economy even if it isn't as geographically dense as places like nostr:nprofile1qqsptpha27kgrdnpw7cqs7ascrayvheshxy4jjwgjd5rdmz7dngnzvspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9thwden5te0dehhxarj9ehhsarj9ejx2a30qyghwumn8ghj7mn0wd68ytnhd9hx2tcnmp4zs
A Bitcoin Circular Economy is a geographically concentrated effort (an effort that is focused on a relatively small area/population) that promotes the use of bitcoin as an everyday form of money, without, as far as possible, converting to and/or touching the fiat system in any way, whatsoever.
This includes services where Bitcoin is used to make purchases, but where the merchant never sees any sats. These services are preferable to using fiat on both ends, but they're not ideal. Ideally we want both the customer and merchant interacting directly with one another, and directly with Bitcoin only. These services can however be (and very often are) an ideal stepping stone and should be treated as such.
A Bitcoin Circular Economy promotes using bitcoin to pay salaries, make grocery purchases and do everything with bitcoin that would otherwise normally be done with fiat, in a way that is p2p and direct, as far as possible. The idea first emerged in Arnhem, in the Netherlands, in 2014, with ArnhemBitcoinstad, but really exploded with the founding of Bitcoin Beach in El Salvador, in 2019.
We (Bitcoin Ekasi) and others, like nostr:nprofile1qyg8wumn8ghj7nn0wd68ytnhd9hx2qg4waehxw309ajkgetw9ehx7um5wghxcctwvsqzphzherl5fg2s5hhm3vq4zegc38gtea0e45svswdmy3w9g2kph5dxndvn70
and nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgcwaehxw309akxjemgw3hxjmn8wfjkccte9e3k7mgqyz49tfre445nf58a0reahky9zhx3egxh5yggztn3zwqdt80htxyn2xct0pm , copied the Bitcoin Beach
model and adjusted for local context, starting around 2021. Several more projects have followed. nostr:nprofile1qydhwumn8ghj7cmgwf5hxarsd9kxctnwdaehgu339e3k7mgpyemhxue69uhkvars9e5xzmrfveshstnjwa6xsttpv93ksetw9ejx2tmwdaehgusqyraa7ccvgk7n27zzkcdjz3gtmc2y07guyd9u949lwqccyjn7guvnua00dkf is, in part, an effort to track, catalogue and provide a blueprint of the various circular economies and their different models, so that the idea may spread even further and be more easily and widely adopted.
Ultimately, we're all working towards the same thing: To establish Bitcoin as global money, and we believe the best way of doing that is through establishing circular economies.
The separation of money and state, which is perhaps the only thing Bitcoiners can agree on, is, in essence, nothing more than a global Bitcoin circular economy, which, in turn, is nothing more than countless smaller interlinked circular economies.
These do not have to be formal projects. In fact, many aren't. All it needs to be is an attempt to solve both ends of the adoption equation:
Who will spend the sats? And where will they spend it?
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