Bitcoin Communities

[Darker45]

It is nice to hear news of Bitcoin adoption happening because it addresses real life problems. Much of the Bitcoin news lately talk of the price, of rising Bitcoin investment opportunities, of huge amounts expected to enter the market, and so on. Only seldom do we hear of news about Bitcoin adoption on the basis of real world problems on the ground getting addressed with its exploitation. Here's one:

The world's first fully Bitcoin-enabled community is being built on this small Caribbean island

The beautiful island of Bequia is a victim of bank 'derisking,' a process in which large banking institutions "remove their intermediary banking services from smaller island-based community banks." This prevents the island-based banks from transacting internationally. If this trend continues it means small island nations will be essentially cut off from international trade and commerce. For tourism-based economies, this will be devastating."

When I searched further for Bitcoin communities, I found this article from Forbes.

This El Salvador Village Adopts Bitcoin As Money

El Zonte is a small beach community of unbanked locals where small businesses cannot even meet the minimum requirements for banks to let them accept credit card payments. Moreover, international remittance is one source of income. However, locals are dependent on Western Union which charges them with fees as high as 5-10% and whose nearest branch is 1 hour away by bus.

Have you heard of similar Bitcoin communities? Share them here. These small communities would serve as a sort of a case study for Bitcoin's viability.

[GreatArkansas]

I think we can consider a Bitcoin community for those people with services/products that are accepting Bitcoin as payments.
The best example here is online, a lot of online stores/services now are accepting Bitcoin as payment, such as online stores. So, for me, if unit these entities that accepting Bitcoin, we can consider it as a community.

[Lorence.xD]

I think we can consider a Bitcoin community for those people with services/products that are accepting Bitcoin as payments.
The best example here is online, a lot of online stores/services now are accepting Bitcoin as payment, such as online stores. So, for me, if unit these entities that accepting Bitcoin, we can consider it as a community.

There isn't any meaningful interactions in online stores that accepts bitcoin as payment so I disagree that it is a community. For me, something is considered a community if there is a social interaction between other users.

[famososMuertos]

Communities exist and they are there, not only online where the largest community is, but in the real world, there are people exchanging bitcoin everywhere in person, many others organizing businesses, in fact right here I saw a project where the admin proposed some villas in international waters.

Now defining the parameters in these communities in the traditional sense, of zero anonymity, perhaps the communities if they are few, where everyone knows each other and where if the BTC has not reached you, you literally look for it at home, e.g. that island of Bequia where everyone surely knows each other.

[cryptomaniac_xxx]

This is a start:

Bitcoin will also be accepted as payment for everyday essentials at the development's grocery store as well as at its restaurant, café, and cinema.

I do hope though that this is going to be a positive thingy for this island, perhaps LN might be a good opportunity to start here and see how it goes for micro-payments. And this could be a good start, and maybe this sort of experiments can be a good gauge on how effect bitcoin is, as mode of online payments.

[aoluain]

Those two "Bitcoin Communities" in the op are a great example of what Bitcoin was designed
for, to side step the need for relying on traditional banking.

It has clearly given those communities a chance to control their own finances.

I dont know of any other examples but I would imagine there has to be more,
and if not the definitely will be in the near future.

[Mbitr]

I’ve been following Bitcoin Beach for a while now on Twitter. It really is a great story and what they’re doing I always thought was pretty unique . So it’s great to here of another community - thanks OP. Hopefully some members know of some more communities

https://twitter.com/bitcoinbeach?s=21

It’s a real shame that this project couldn’t get the go ahead 
https://cryptonews.com/news/insurance-companies-reportedly-sink-crypto-cruise-ship-ms-sa-9377.htm

[tyz]

Honestly, those are two fine examples. But I remember that such communities have existed since the dawn of crypto such as Sealand, an abandoned oil rig off the coast of England located in international waters, where there were plans to establish it as the first ever crypto country. There are other examples of such planning on some islands or unrecognized countries. All these attempts have failed so far.

[Ararbermas]

I think we can consider a Bitcoin community for those people with services/products that are accepting Bitcoin as payments.
The best example here is online, a lot of online stores/services now are accepting Bitcoin as payment, such as online stores. So, for me, if unit these entities that accepting Bitcoin, we can consider it as a community.

yes we can consider them as a bitcoin community once they use bitcoin as a payment method. And for sure on this way it can help to spread the use of bitcoin all over the world as well.. Indeed this a big help for online sellers nowadays. Wherein to have a smooth transactions on their costumer despite of the situation because of the pandemic.. And the best things to use bitcoin is the fact that its more advanced than other decentralized paymet methods nowadays.

[isaac_clarke22]

I never heard of any communities made until you mentioned this news. Having a small community is quite a number now actually, because having people to use such crypto is hard and they would just shrug it off as something unsecure or a scam.
It is quite nice to have these communities, because imagine if governments decided to ban crypto in their country and these people would still be able to transact through p2p because they would know that all of them are holding Bitcoin anyway.

[Darker45]

~snip~

I am referring to a literal community where the economy is basically revolving around Bitcoin; people get paid in Bitcoin, buy the most basic of daily needs in Bitcoin, pay bills in Bitcoin, and so on.

I do hope though that this is going to be a positive thingy for this island, perhaps LN might be a good opportunity to start here and see how it goes for micro-payments.

It is actually surprising that the Lightning Network is already in use in the Bitcoin Beach. Says Michael Peterson, Bitcoin Beach founder, “Originally, it didn’t make sense for 25 cent transactions, but did for 5 dollars. But when the transaction costs ramped up again, we switched over to the Lightning Network.”

I’ve been following Bitcoin Beach for a while now on Twitter. It really is a great story and what they’re doing I always thought was pretty unique . So it’s great to here of another community - thanks OP. Hopefully some members know of some more communities

https://twitter.com/bitcoinbeach?s=21

Thanks for the link, Mbitr. Now, I'm seeing a glimpse of the actual life in Bitcoin Beach with all those pictures. It is unbelievable to see pizza, tacos, burgers, shirts, and all kinds of stuff being sold in Satoshis. Isn't it surreal? The freedom! 

It’s a real shame that this project couldn’t get the go ahead 
https://cryptonews.com/news/insurance-companies-reportedly-sink-crypto-cruise-ship-ms-sa-9377.htm

The archaic systems in place are simply incompatible with the latest technologies. They need to keep up.

This is indeed a sad development. I haven't heard an update of this undertaking lately. Well, the ship has already been sold. I guess Elwar, the CEO, didn't bring this up here. Gone too soon, MS Satoshi.

[SFR10]

Have you heard of similar Bitcoin communities? Share them here. These small communities would serve as a sort of a case study for Bitcoin's viability.

I did some digging and I think I might've found one more, but it's on a smaller scale compared to what you've included in your post: Everyone in This Village Now Owns Cryptocurrency

In a small village in Ukraine, all residents are now owners of cryptocurrency, thanks to an initiative by the head of the village council. Cryptocurrencies, such as bitcoin and ether, can also be used in the village to purchase items such as eggs, lard, meat, and milk.

Because of the current pandemic, I'm expecting to see more of these smaller towns or villages popping out ^{[due to such limitations]} and that shows how important BTCitcoin could be if we try to use it for the right reason/cause.

[Ucy]

Lots of nice places in Caribbean. Wonder what is the actual numbers of islands on the region. Once in a while new names just pop up from nonwhere, as if they are autonomous and hidden somewhere ... or are they part of some bigger nations?
Places like that would be good for decentralized cryptocurrency communities if you can build as many submarines and boats/ship as possible to escape to bigger countries incase of emergency.

[Hydrogen]

There have been similar regional projects like aurora coin which dates back to 2014.

https://en.wikipedia.org/wiki/Auroracoin

Small towns and villages have experimented with issuing, regulating and utilizing their own cryptocurrencies in a retail capacity. There aren't many updates that I remember seeing published on these crypto based social movements unfortunately.

Financial systems in many regions of the world are built upon centralized monopolies, high fees, industry wide stagnation. Which creates an environment where alt currencies can have real world value and thrive.

[adzino]

It is nice to hear news of Bitcoin adoption happening because it addresses real life problems. Much of the Bitcoin news lately talk of the price, of rising Bitcoin investment opportunities, of huge amounts expected to enter the market, and so on. Only seldom do we hear of news about Bitcoin adoption on the basis of real world problems on the ground getting addressed with its exploitation. Here's one:

The world's first fully Bitcoin-enabled community is being built on this small Caribbean island

The beautiful island of Bequia is a victim of bank 'derisking,' a process in which large banking institutions "remove their intermediary banking services from smaller island-based community banks." This prevents the island-based banks from transacting internationally. If this trend continues it means small island nations will be essentially cut off from international trade and commerce. For tourism-based economies, this will be devastating."

When I searched further for Bitcoin communities, I found this article from Forbes.

This El Salvador Village Adopts Bitcoin As Money

El Zonte is a small beach community of unbanked locals where small businesses cannot even meet the minimum requirements for banks to let them accept credit card payments. Moreover, international remittance is one source of income. However, locals are dependent on Western Union which charges them with fees as high as 5-10% and whose nearest branch is 1 hour away by bus.

Have you heard of similar Bitcoin communities? Share them here. These small communities would serve as a sort of a case study for Bitcoin's viability.

This is interesting, but not the first time I am hearing about such "communities". So far I have heard about few countries where a part of a town will be completely crypto currencies oriented. I have also recently heard about something similar taking place in Dubai. A crypto zone where using crypto won't be taxed (not completely sure about this) and everyone will accept crypto. Too bad, after few months we don't hear anything about those projects/planning. They either fail or lose interest and are never initiated.

[boyptc]

I don't have an idea about the other existence of bitcoin communities.

There might be some places that have already in existence but they're not existing through online media because they seem to be unimportant at all.

I wish that I can do it there sometime in the future on that beautiful Caribbean island.

[Streets 2.0]

I think that it would be reasonable to include in such a community everyone who is somehow connected with bitcoin. These are those who mine it, those who trade bitcoin in the markets, those who have been holding it for several years and those who are just beginning to be interested in it. The number of such people is huge and is constantly growing, you can break it into groups endlessly, and I just do not understand why this is needed? One thing is clear - the club of bitcoin lovers determines its stability in the market and the future in general.