Bringing Bitcoin to Tonga
According to Fusitu'a: “The economy will first benefit by every customer having a disposable income increase by 30% and... simultaneously with that extra 30%, there are some who are going to be saving it rather than putting it into the economy and stacking sats.”
00:03:27 Who is Lord Fusitu’a?
00:06:00 Locked borders
00:26:51 Rabbit-hole story
00:35:40 Multiple currencies
00:43:44 Fees on remittances
00:45:31 Bitcoin access?
00:48:47 BTC price appreciation
00:53:33 Bitcoin laws coming?
00:55:14 Legislation vs. market solution
00:59:05 When is the vote?
01:04:35 Green energy Bitcoin mining
The episode was recorded on 27th June, 2021.