The next phase of Bitcoin?
Circular Economies.
This is where Bitcoin is used as the primary medium of exchange, store of value, and unit of account within a self-sustaining economic loop.
Individuals, businesses, and organizations all use Bitcoin for transactions, reinvesting it back into the system rather than converting it to fiat.
The goal is to create a closed or semi-closed ecosystem that reduces reliance on traditional financial infrastructure and promotes Bitcoin's adoption as a functional currency.
Here’s how it typically works.
Earning Bitcoin - People receive Bitcoin as payment for goods, services, or labor. For example, a freelancer might get paid in BTC for their work.
Spending Bitcoin - Those same individuals or businesses then use Bitcoin to purchase goods or services from others within the ecosystem, like buying coffee from a café or web hosting from a host that accepts BTC.
Reinvestment - Businesses accepting Bitcoin use it to pay suppliers, employees, or other expenses, keeping the BTC circulating rather than cashing out to fiat.
Hodling as Savings - Excess Bitcoin might be held as a long-term store of value, leveraging its deflationary nature because of the fixed 21 million supply cap.
Are you joining in next phase for Bitcoin?