"Whether it's an indigenous village in Perú or a town in El Salvador, these are community-driven, grassroots efforts that are happening from the bottom up,"
"changing millions of lives all over the planet right now."
"freedom money"
"Frictionless Finance: Unlocking Capital Through Digital Assets,"
At the Concordia Summit during UN General Assembly week, a panel titled "Frictionless Finance: Unlocking Capital Through Digital Assets" highlighted Bitcoin's role in the Global South. Bitcoin circular economies are emerging in indigenous villages in Perú and in El Salvador's Bitcoin Beach and Motiv Perú as community-driven, bottom-up efforts. Bitcoin adoption is growing faster than Internet adoption did and is described as "freedom money" that enables saving for those without traditional financial services. Bitcoin can accelerate progress toward UN Sustainable Development Goals by expanding financial access, facilitating savings, and unlocking capital for underserved communities. UN institutions often emphasize other digital assets while largely overlooking Bitcoin.
Read at Bitcoin Magazine
Unable to calculate read time
Collection
[
|
...
]