Bitcoin is Curaçao video

[dkbit98]

I didn't know much about Curaçao so far, except that crypto casinos used this country to get licenses, but few days ago I learned something new.
Curaçao is country located in Caribbean Sea, but they are part of Kingdom of the Netherlands.
They have a lot of financial problems and larger percentage of people are poor, but you can see Bitcoin accepted in many places.
PayPal and normal transactions between countries is not working in Curaçao anymore, so people are using Bitcoin instead.

Checkout this interesting video The Bitcoin Paradise You’ve Never Heard Of:
https://youtu.be/TauW_pLnstw

[Hazink]

This is great. I never even knew there was a country called Curaçao. One thing that I also like about them using Bitcoin for payment is how they have made it easy to scan and send payments, and they also transact using Lightning network, which will save them from high fees and a faster transaction. Bitcoin solves the national payment problem for them.

[Asiska02]

This is my first time hearing of this country and have never come across the name anywhere else except here. Bitcoin being use as a payment method when others aren’t working in the country shows the big part of bitcoin dominance in today’s financial system. If bitcoin has reached to the stage that a small and poor country like this will adopt it for payment, then gradually a global adoption will come.

[Donneski]

This is fascinating. I know I've heard little about Curaçao but I had no idea they were in that kind of financial condition. It’s crazy how Bitcoin keeps finding real-life use cases where people are forced to adapt. Imagine walking into small island shops and seeing “Bitcoin accepted here” signs, that’s powerful if you ask me. I'm gonna watch the video right now.

[Churchillvv]

one of the first suggestions when you get a free VPN lol that’s how I knew about the country, its something that they have found to be the solution to transactional problems they have internationally, not even surprised either because what I just see is that they are valuing one of rh features of bitcoin which is breaking barriers when it comes to to international and huge transactions. It’s good they found value in bitcoin if wider nations may not look at bitcoin in such manner smaller countries appreciate every feature of bitcoin. Curaçao is one of the few.

[AVE5]

They have a lot of financial problems and larger percentage of people are poor, but you can see Bitcoin accepted in many places.
PayPal and normal transactions between countries is not working in Curaçao anymore, so people are using Bitcoin instead.

I literally don't know how the adoption of bitcoin to do payments on the regular basis like that essence of the fiats will bring revival to the economy because as bitcoin is currently highly volatile with no consolidation. So I'm just wondering how they're going to manage it and controls the values values are their funds from depreciation in regards that volatility is constant.
However, the kudos goes to their authorities who doesn't undermine the sentiments and restrictions of bitcoin and other countries. We can also imagine what would had been of them if there was no bitcoin and now the traditional system for transactions is becomed disappointed.

Lesson learnt here is that nomatter how it's, always have a backup funds that's not of the traditional monetary just in case there's is a comprise regarded that regulating affairs can't be reliable on personal interest.

[Felicity_Tide]

~snip

PayPal and normal transactions between countries is not working in Curaçao anymore, so people are using Bitcoin instead.

As stated in the video, "we're left in the dark".
These Centralized platforms like PayPal withdrew their services from what I understood in one part of the video. It proves that Centralized platforms can turn their backs on anyone at anytime, and of course, the dependency and demand for their services are just too much. I'm not sure how I managed to watch a 21min documentary (which I don't do often), but i guess it was worth it.

While watching the video, El Salvador kept running through my mind.
It seems they're are obviously not the only one that push for such adoption and massive usage. I doubt if they even have such turnout.


And a quick one.
Around 6:44 and 8:00 of the video, the guy made a payment that appeared to be very fast. I guess that's a lightening payment. what exact wallet, or how did he manage to do that?.