KYC-Free Bitcoin Circular Economies – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

What Is A Circular Economy?

A Bitcoin circular economy is a free market where you can trade any products or services for bitcoin, including daily needs like food, jobs and housing.

The state censors fiat markets via regulations, permits and KYC. In comparison, a Bitcoin circular economy is peer-to-peer and meritocratic — no state permission or government ID is required to participate.

Practical examples include local Bitcoin marketplace groups in Telegram, a farmers market that accepts bitcoin, KYC-free apartment rentals or a Bitcoin health insurance. More use cases are covered in this article.


Be the first to comment

Leave a Reply

Your email address will not be published.


*