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Have you heard about what’s taking place in Panama? Hint: It has nothing to do with canals. A brand new invoice has been offered to legalize cryptocurrency and bitcoin, and the newest episode of the “Bitcoin Magazine Podcast” hosted two essential figures on this growing story to share every little thing Bitcoiners must know.
Gabriel Silva, a congressman in Panama standing behind this invoice, and Felipe Echandi, an entrepreneur looking for to propel the Panamanian financial system ahead, joined the present for this fascinating dialog. The two friends approached the subject with sensible discernment and understanding, discussing the fundamentals of crypto legalization within the nation, the growing geopolitical components, and why Panama is changing into an more and more enticing place for overseas residents.
We noticed what occurred in El Salvador some months in the past, when the Congress permitted the Bitcoin legislation in El Salvador,” Silva mentioned. “That, in a sure approach, impressed me, impressed many individuals throughout 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 mission of the web and know-how, to say the least.
“When I found Bitcoin, a few years in the past, it blew my thoughts, the potential that it needed to give individuals new avenues to self-ownership of the product of their labor, and simply basically, be sovereign people,” mentioned Enchandi.
They thought of the questions of why this invoice particularly. And what actuality may it espouse to convey constructive change for Panama and its individuals?
Catch all of it on this thrilling episode.