If #Bitcoin can work in #Haiti 🇭🇹, Bitcoin can work anywhere. Documenting Bitcoin adoption in #Haiti 🇭🇹, Latin America, #Africa and developing countries.
Yes - #Bitcoin is a hedge against inflation especially in the global south.
Over the last 33 years #Haiti's currency Gourde (HTG) has collapse over 3,000% against the US Dollar (USD). Inflating at over 90% per year on average.
#Haiti's current inflation rate is 46.4%.
🇿🇦#SouthAfrica: A South African court has ruled that #Bitcoin🕊️ is considered both 'money' and 'capital' under the country's exchange control regulations, rejecting arguments that cryptocurrency falls outside existing capital controls. This decision emphasizes that #Bitcoin🕊️ can be treated as a financial asset capable of holding value and being used as a medium of exchange.
🇻🇳#Vietnam's Digital Law recognizes #Bitcoin🕊️/crypto assets as property effective January 1, 2026, providing a legal framework for ownership, transfer, and dispute resolution of digital assets. This landmark legislation categorizes digital assets into virtual and crypto assets, establishing clear legal status under civil law. | Decrypt
🇺🇸#USA: Treasury Secretary Scott Bessent told Senate lawmakers on June 4, 2026 that the U.S. Strategic #Bitcoin🕊️ Reserve is advancing "with all deliberate speed," while also urging passage of the CLARITY Act before Congress's August recess.
🇨🇳#China: A Chinese court has recognized that virtual assets, including #Bitcoin🕊️/cryptocurrencies, are legally protected as property. This ruling aligns with the judicial stance that despite a ban on cryptocurrency trading, these assets have economic attributes and should be classified as property under the law.
🇰🇪#Kenya has advanced its #Bitcoin🕊️/crypto regulation, with over 6 million residents now using cryptocurrency. The country is establishing a formal framework to oversee digital assets, driven by demand for low-cost cross-border payments and the popularity of stablecoins.
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Follow along as i document #bitcoin adoption in #Haiti🇭🇹, Latin America, Africa and developing countries.
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#Bitcoin🕊️ transaction fees over the Lightning Network cost a fraction in fees and more transparent compared to traditional banking fees in #Africa, which can average around 8.90% for remittances. This makes #Bitcoin🕊️ a more cost-effective option for transferring money, especially for those without access to traditional banking services. | @moonpay
The #BRICS nations are developing a gold-backed settlement token called "the Unit," which aims to create a common mechanism for cross-border transactions, combining 40% physical gold reserves with 60% representation from member currencies. This initiative is part of a broader effort to enhance economic cooperation and reduce reliance on the U.S. dollar. | The Banker
You don't need physical #Gold, when you have digital Gold #Bitcoin🕊️.
African countries can use #Bitcoin🕊️ for borderless trade by leveraging its low transaction fees and rapid settlement times, which significantly reduce costs and delays associated with traditional banking systems. This enables traders to engage in international commerce more efficiently and respond quickly to market changes. | Binance
🇨🇴#Colombia ranks fifth in Latin America for cryptocurrency adoption, with over 5 million Colombians actively using cryptocurrencies, particularly #Bitcoin🕊️, as a hedge against inflation and for remittances. In 2024, crypto transactions in Colombia totaled $6.7 billion. | Chainalysis
Good morning 😎
Follow along as i document #bitcoin adoption in #Haiti🇭🇹, Latin America, Africa and developing countries.
Want to support? Follow my page, send a #BTC⚡️ tip, and visit our store for fresh #Bitcoin merch.
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🇵🇾#Paraguay hosts about 4.3% of the global #Bitcoin🕊️ hashrate, powered by abundant hydroelectric surplus from dams like Itaipu and Yacyretá, though rising electricity tariffs have pushed out smaller operators. The government has also launched a state-run mining initiative using confiscated rigs and regulated sites to convert surplus energy into compute for the #Bitcoin🕊️ network and AI. | Yahoo
#Bitcoin🕊️ can help improve financial stability in African countries by providing a secure monetary system and facilitating easier cross-border payments. Additionally, it allows users to protect their earnings from local economic instability and inflation.
#ElSalvador🇸🇻 exempts capital gains tax on #Bitcoin🕊️ and cryptocurrencies, making it an attractive destination for investors looking to earn #Bitcoin🕊️ without tax liabilities. This policy aims to encourage foreign investment and innovation in the digital asset sector.
You don't need @WesternUnion when you have #Bitcoin🕊️for instant, cheap, 24/7/365 and permissionless Peer to Peer remittance transfers.
#Bitcoin makes companies like @WesternUnion, @remitly OBSOLETE.
https://t.co/hT2CCYfxqD
🇸🇩#Sudan: France says to lend Sudan $1.5 billion to pay off IMF debt
Jumping from one debt trap to another debt Trap.
#Bitcoin is the only HOPE!
https://t.co/cW6wOeJcdD
Good morning 😎
Follow along as i document #bitcoin adoption in #Haiti🇭🇹, Latin America, Africa and developing countries.
Want to support? Follow my page, send a #BTC⚡️ tip, and visit our store for fresh #Bitcoin merch.
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/ >👕
https://t.co/1YLHcAPjyA
#BTC Onward 🧡🌍🦾
🇧🇷#Bitcoin mining operation in #Brazil powered by electricity generated from sugarcane waste, with operations expected to begin around July 1, 2026. The project will utilize 10 megawatts of capacity and approximately 1,280 mining machines. | Adecoagro