I have many questions!
Can you share more about the ngo bitcoin model in this community?
Do locals use to between each other? Is btc used one way for tourists to spend at merchants?
Does the community use blink wallet, btc jungle wallet, fedi etc?
Discussion
I can try to get NGO onto Nostr so they can explain model but I like that MOTIV offers services like consulting as well (doesn’t just need to be a one way donation)
Yes, the artisans I spent BTC with used some of it for groceries at the store in the picture. Teachers and others also get paid in BTC so fairly circular.
Bitcoin Beach wallet so far.
🔥
Any idea if locals use or prefer stablesats?
Straight Bitcoin / Sats
🌋
Can/do locals choose to exit to local fiat? 100% exit? 0%? 50%?
That’s so awesome. Love this project. @elsat they are the most active users of #[4] (Bitcoin Beach Wallet) outside of El Salvador. #[5] and I chatted with their founder a year ago if you’re interested in digging further into the inspiration and thinking behind the program
https://podcasters.spotify.com/pod/show/adoptingbitcoin/episodes/MOTIV-and-Bitcoin-in-Peru-e1hsn2g