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Monday, August 28, 2023

The Bitcoin Circular Economy Battles Entrenched Mindsets in El Salvador - CoinDesk

Similarly, through their deal with Mastercard, users can deposit money into ATMs and receive USDC in their wallets, with a 1% fee. His next goal is to roll out a micro-loan program for users to increase access to credit and to spur economic development. The goal is to slowly educate people on the benefits of saving in satoshis, the smallest economic unit of bitcoin, where they are receiving the immediate benefits of access to loans and ATMs, and the ability to pay bills in the DitoBanx app, all while getting direct exposure to bitcoin.

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The Bitcoin Circular Economy Battles Entrenched Mindsets in El Salvador - CoinDesk
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