Good Morning Everyone,
Earlier this month saw a major milestone moment occur in the small country of El Salvador. According to a tweet from President Bukele:
The countries represented were all developing nations. I won’t read through the list, but you can take a look below.
While we do not know the specifics of their discussions or any outcomes from the meeting, it’s an incredible thing to witness as 44 nations are on the brink of unlocking financial sovereignty, perhaps the first time.
Some people will rush to point out that China aren’ there. Russia aren’t there. That is true. No doubt these are all less well-known and are less developed countries. But to think like this would be to miss the point. These countries currently have little power or influence in the world. However the potential that exists for this to change by plugging in to a decentralized, global sound monetary standard would be the most powerful aligning force imaginable, and while individually they may be less significant - make no mistake, collectively they are anything but.
I did some rough math to establish the total number of humans represented by these countries, and the number flawed me.
These countries represent in the ball park of 1.2 billion people! That’s 15% of the entire worlds population. Incredible.
It’s been said for along time that the people that need bitcoin the most will understand it the fastest. Those in the affluent developed nations are more likely to struggle to see the value as their systems appear to work reasonably well (at least on face value and if you are completely asleep at the wheel).
This is playing out in front of our eyes in real time. Major countries have no incentive to adopt bitcoin if they think short term - and they do. The game theoretic element to this is that those who adopt the technology earliest, benefit disproportionately compared to those who wait, and comparatively as a result, the wealth gap between the two shrinks. Meaning the poorer countries are likely to be enriched by their early adoption relative to the larger more powerful countries, that do not want to release their grip on control of the money.
While the normies are numbing their minds with whatever mind sludge they’re fed and and focussing on the current thing, El Salvador is presenting bitcoin to the world. And the world is paying attention.
Onward.
Hope you all have a great day. I’ll talk to everyone tomorrow.
AK
I’m on a mission to get this information to as many people as possible. Please support this work by sharing, liking and following on twitter, youtube and instagram to help wake up as many people as possible and support the adoption of a system that enables humans to flourish! Appreciate you being here! 🧡
