Are Bitcoin Circular Economies Overhyped...?

As the person that first coined the term Circular Economy in relation to Bitcoin, I would say most are not actually circular economies. The key thing should be BTC re-circulating within that economy, from the merchants that accept it.

i didn't know that. thanks for the lore! yeah a lot are simply offramps

Well done Joe! We have to be critical of our own space. Building a circular economy takes a lot of work and commitment, requires loads of patience and getting used to rejection… This wouldnt be possible without the purpose that Bitcoin ignites. Getting a business to accept Bitcoin is already a massive win, getting them to hodl and spend it is even harder… but thats how it starts. And to fellow Bitcoiners, remember that spending Bitcoin does more for adoption than any X debate. There is no circular economy possible if we dont spend ourselves.

Come join the discussion on GitHub We will share more about this topic and our ideas to make it work better as there is so much work to be done as we must examine carefully whats working and whats not @JoeNakamoto @thekylehuber @GabrielKurman where is the best example of merchant to merchant re circulation of Bitcoin as opposed to FIAT cash out @jdennehy_writes @giacomozucco @Hodlstay @zackdorseyx @bitcoinbeach Hear from actual Bitcoin first companies working from the ground up

We need to talk about the bigger issues. Bring back mustache Joe. Bring it back.

Quite interesting and good work. There's no any BCE that is 100% circular yet and that reminds us that building a perfect BCE is a journey. It will take us years, the point is stay present, to show up for the community everytime, there's a good chance to succeed...

indeed! we'll be doing this for years

Yes

Yes. In the last 5 years people that adopted btc and “lived” on a btc standard have been financially crushed.

What year is this? 270p? X trying to make this difficult...

@BTCsessions

I know those friends! 😎

One day you should check Rolante-Brazil. Huge work from @bitcoineaqui and local community.

Need more proof that Bitcion Circular Economies are real? But why is the work we do in Nigeria never recognised @JoeNakamoto

Yes!