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Chuck Langstrumpf
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Pura Vida!

This store of value, is it currently in the room?

It is not a bitcoin standard if you have to exchange it to colones or usd in order to spend it, that should be clear.

It is selling your bitcoin and living on a usd standard. No difference to selling gold and spending the usd.

Dont get me wrong, i like Bitcoin Jungle and i was on most of their events.

But we should be honest about what is happening.

Custodial wallets and trusted third parties are not p2p electronic cash.

You have to provide your phone number on Bitcoin Jungle and when you want to use SINPE, you have to sign up to Bullbitcoin/Toropagos additionally - which also asks for your name and email address.

So in order to spend your BTC, you have to get two third parties involved + SINPE + the receiving Bank.

There is not much difference to me. Neither of them are p2p payments.

Sure, but with that logic, you can get a Visa card from Xapo, backed with BTC and pay worldwide with Visa. Everyone takes Visa payments.

Not true. You can not spend BTC "at almost every merchant" in Costa Rica. Around Uvita there are a lot of merchants accepting it but not in 99% of the country.