71. Bitcoin and the World Trade Revolution
World trade has long been dominated by large financial institutions and central banks.
However, with the emergence of Bitcoin, a new chapter is opening up.
More and more small businesses in countries such as Venezuela, Argentina and even Africa are using Bitcoin to bypass local currency restrictions and high bank charges.
An interesting example: in Venezuela, where inflation is rampant, local businesses are accepting Bitcoin to avoid the devaluation of the bolĂvar.
By sending zaps to support these businesses, we can help them thrive in a difficult economic environment.
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