Of course, none of us know what the future holds, but whatever it brings, it seems we shouldn’t underestimate the human value of our peer-to-peer network. What I enjoyed most about the short period I spent at Bitcoin Beach in El Salvador was the international crowd that wanted nothing more than to talk Bitcoin over dinner. But the benefits of having an active Bitcoin community aren’t just social. We can all see that hard times come with hyperinflation and shortages – for these problems only parallel economies provide a realistic solution.
During COVID-19, some friends of mine set up what they called a private market on their land. In no time, the first 10 stalls had expanded and there were several hundred shoppers when I visited. Stalls sold local honey, mushrooms, clothing, charcoal burners, eggs, meat, jewellery, local spirits, candles and brass ornaments. People offered circus workshops for children, clothes repair — there was live music and a festive atmosphere. Initiatives like this are perfect for introducing bitcoin as the ideal currency for a parallel, local economy, with all the benefits that Lightning offers. As Bitcoiners, we must actively seize these opportunities. I will hold a “Bitcoin for Beginners” workshop in the short term, organized through the Telegram group for the market.
On a beach down on the south coast, Meia Praia, the first green shoots of Bitcoin Beach Europe are beginning to sprout. So far it’s just a small beach bar. But if you go to Bam Bam Beach bar on a Friday night, you’ll find live music and an active, international crowd of Bitcoiners there, swapping stories and paying for their cold beers with Lightning. Other initiatives are slowly emerging as well. The farm shop owned by a dear friend of mine also accepts rates as payment. A pizzeria down on the south coast in Burgau does it too. So does a steakhouse in Almancil. One by one, Bitcoin businesses are popping up and flourishing.
For the European Bitcoiner, the US looks like an enviable hub for Bitcoin meetups, with a tantalizing array of gatherings on a regular basis, especially in Nashville and Austin. Here in Europe we have to work a little harder to get our Bitcoin contact time and Bitcoin chats in. But there has never been a better time for European Bitcoiners to gather and start holding meetings, information sessions and start building communities.
The family is first – the community is a close second. Just as the integrity of family relationships requires time, effort, commitment, and attention, so does building and maintaining a community. Portugal provides the welcome we need for a European Bitcoin community and economy – it has the potential to become Europe’s Bitcoin heartland. But the most important thing is that we all do our best to contribute to the orange tsunami that hyperbitcoinization will be. “Build back better,” say our politicians, and I wholeheartedly agree – by defunding their regimes, by opting out, by buying bitcoin, by helping those around us buy bitcoin, and by building the society we want to live in yourself, from the ground up.
This is a guest post by Holly Young. Opinions expressed are entirely their own and do not necessarily reflect the opinions of BTC Inc Bitcoin Magazine.