"The Bitcoin Circular Economy Summit just took place in El Salvador's Bitcoin Beach, and what an event it was. The invite-only summit saw two days of presentations from communities from across the world, from Indonesia to Peru, from Africa to Bolivia. The summit saw an alleged 29 different countries represented among the small crowd of perhaps 60 attendees and speakers."
"Its novel story has been told many times, but some key takeaways were discussed in depth at the summit, providing an overview of what is documented in detail in the Bitcoin Beach White Paper. BCE leaders advised against taking a shotgun approach to Bitcoin adoption, especially when it comes to brick-and-mortar-like stores, and deep impact social work. Choose a town, street, or specific community and work hard to get mass adoption in a limited location first."
The invite-only Bitcoin Circular Economy Summit took place in El Zonte's Bitcoin Beach with attendees from an alleged 29 countries and roughly 60 participants. The two-day event featured presentations from communities across Indonesia, Peru, Africa, and Bolivia. The summit was organized by the Bitcoin Beach team led by Mike Peterson and Roman Martinez and held in a new El Zonte community center. Topics included Bitcoin Circular Economies, strategy, tooling, financial sustainability, economic theory, and leadership education for communication and fundraising. Attendees reported brick-and-mortar adoption in countries with failing currencies, transformational impacts in remote communities, and donor-led efforts to deliver sound money. Leaders recommended concentrating adoption in one location to capture network effects.
Read at Bitcoin Magazine
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