59 min
29. Unbanked to Empowered: Bitcoin's Social Impact in Emerging Economies Mizter Rad Show
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- Technology
Welcome back to the Mizter Rad Show! In today's episode 29, we're journeying into the heart of Peru and beyond to uncover the transformative role of Bitcoin in developing nations.
Our guest, Joe Nakamoto, isn't just any expert; he's traveled extensively and dug deep into the local communities, capturing stories of resilience and innovation for his documentary work. He shares his eye-opening experiences in 10 circular economies in Peru, where an NGO named Motiv leveraged Bitcoin to tackle social challenges, such as hypothermia and domestic violence.
The conversation takes a turn into the concept of financial privilege. Joe stresses on the nuances of Bitcoin usage, whether it's for remittances or as a robust alternative to the often exclusive traditional banking systems. He espouses the simplicity Bitcoin brings to the table, especially in places like El Salvador and a small Swiss city where hundreds of businesses accept BTC.
Yet, the landscape isn't without its thorns. Joe and I discuss the hurdles of adoption, the skepticism towards banks, and the intergenerational resistance to digital currencies. Despite this, we hear stories of hope where Bitcoin enables financial independence, sparks nationwide change, and invites us to imagine a technologically-empowered future.
From the practicality of Bitcoin's lightning network to the cultural shifts it promises, this episode is stuffed with insights ready to challenge your view of money, technology, and social empowerment.
So tune in, open your minds, and let's explore the dynamic realm of Bitcoin in emerging economies with the insightful Joe Nakamoto on the Mizter Rad Show.
_____
Full transcript of this and other episodes here: https://www.mizter-rad.com/episodes
Other links related to this episode:
- Follow Joe Nakamoto on Youtube: https://www.youtube.com/@JoeNakamoto
- You Don't Know This Side Of Peru: Bitcoin, poverty and Motiv: https://www.youtube.com/watch?v=_P8FuBqWGHU
Welcome back to the Mizter Rad Show! In today's episode 29, we're journeying into the heart of Peru and beyond to uncover the transformative role of Bitcoin in developing nations.
Our guest, Joe Nakamoto, isn't just any expert; he's traveled extensively and dug deep into the local communities, capturing stories of resilience and innovation for his documentary work. He shares his eye-opening experiences in 10 circular economies in Peru, where an NGO named Motiv leveraged Bitcoin to tackle social challenges, such as hypothermia and domestic violence.
The conversation takes a turn into the concept of financial privilege. Joe stresses on the nuances of Bitcoin usage, whether it's for remittances or as a robust alternative to the often exclusive traditional banking systems. He espouses the simplicity Bitcoin brings to the table, especially in places like El Salvador and a small Swiss city where hundreds of businesses accept BTC.
Yet, the landscape isn't without its thorns. Joe and I discuss the hurdles of adoption, the skepticism towards banks, and the intergenerational resistance to digital currencies. Despite this, we hear stories of hope where Bitcoin enables financial independence, sparks nationwide change, and invites us to imagine a technologically-empowered future.
From the practicality of Bitcoin's lightning network to the cultural shifts it promises, this episode is stuffed with insights ready to challenge your view of money, technology, and social empowerment.
So tune in, open your minds, and let's explore the dynamic realm of Bitcoin in emerging economies with the insightful Joe Nakamoto on the Mizter Rad Show.
_____
Full transcript of this and other episodes here: https://www.mizter-rad.com/episodes
Other links related to this episode:
- Follow Joe Nakamoto on Youtube: https://www.youtube.com/@JoeNakamoto
- You Don't Know This Side Of Peru: Bitcoin, poverty and Motiv: https://www.youtube.com/watch?v=_P8FuBqWGHU
59 min