Have you heard about what’s taking place in Panama? Hint: It has nothing to do with canals. A brand new invoice has been introduced to legalize cryptocurrency and bitcoin, and the most recent episode of the “Bitcoin Magazine Podcast” hosted two necessary figures on this creating story to share all the pieces Bitcoiners want to know.
Gabriel Silva, a congressman in Panama standing behind this invoice, and Felipe Echandi, an entrepreneur looking for to propel the Panamanian economic system ahead, joined the present for this fascinating dialog. The two visitors approached the subject with sensible discernment and understanding, discussing the fundamentals of crypto legalization within the nation, the creating geopolitical elements, and why Panama is changing into an more and more engaging place for overseas residents.
We noticed what occurred in El Salvador some months in the past, when the Congress authorised the Bitcoin legislation in El Salvador,” Silva mentioned. “That, in a certain way, inspired me, inspired many people across the globe.”
Sharing distinctive insider insights, Silva and Echandi supplied a complete view on Panama’s legal guidelines, guidelines round banks and authorized tender, comparisons to Singapore, and furthering the undertaking of the web and know-how, to say the least.
“When I discovered Bitcoin, many years ago, it blew my mind, the potential that it had to give people new avenues to self-ownership of the product of their labor, and just in general, be sovereign individuals,” mentioned Enchandi.
They thought-about the questions of why this invoice particularly. And what actuality may it espouse to carry constructive change for Panama and its folks?
Catch all of it on this thrilling episode.