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2024-08-28 16:47:35

BitopiaLand on Nostr: Bitcoin as your Nation’s Competitive Advantage You want to live in a country where ...

Bitcoin as your Nation’s Competitive Advantage

You want to live in a country where you can live your best life compared to other countries. You want the highest salaries, get the best services and have the overall best quality of life.

This requires entrepreneurs building companies that build products and provide services that make your life easier. And those entrepreneurs need access to talent and the cheapest raw materials to provide these products and services at the best prices…

What is a shortcut to get here? Have your country adopt Bitcoin…

By adopting Bitcoin the economy of your country will start having Bitcoin circulating and households and companies will start to sit on reserve assets that keep appreciating in value compared to other types of investment assets, including the currencies of other nations.

Making it possible for entrepreneurs to accumulate Bitcoin, your country will have one huge advantage over other countries: It allows them to pay their employees in Bitcoin as well.

And since Bitcoin is an ever appreciating asset, this will be extremely attractive to the most talented people in other countries, who will be severely tempted to move to your country and help build the best products and services.

This is exactly what El Salvador is doing with Bitcoin, and the UAE is doing with favourable tax laws…

Another benefit of putting Bitcoin in the hands of entrepreneurs is that it gives them a competitive edge over competitors from other countries when it comes to sourcing raw materials.

Just like talented workers who are tempted to come and work in your country, sellers of raw materials rather sell their (relatively) hard raw materials for the hardest currency on earth instead of depreciating fiat currencies of other countries.

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