Jeremy Almond, CEO of Paystand and co-founder at Concordia Summit – an annual event that takes place during UN General Assembly Week – explained why Bitcoin was important to those who live outside highly developed nations, as well as the ways in which it can help people achieve the Sustainable Development Goals (SDGs) set by the UN.
Almond was part of a panel called “The Future of Work”. The event brought together government officials, business leaders, and non-profits to find solutions to the most pressing issues of our time. “Frictionless Finance: Unlocking Capital Through Digital Assets,” He highlighted that role. Bitcoin circular economies Play in the Global South
“Whether it’s an indigenous village in Perú or a town in El Salvador, these are community-driven, grassroots efforts that are happening from the bottom up,” Almond, speaking to a Sheraton Hotel audience just north from New York Times Square in the Sheraton Hotel’s lobby, spoke of the work of Motiv Perú Those who were part of the Bitcoin original circular economy. Bitcoin Beach.
Bitcoin adoption is increasing faster than Internet usage, and Bitcoin is becoming more popular. “changing millions of lives all over the planet right now.”
Bitcoin: A Catalyst to the UN Sustainable Development Goals
Almond said that it is rare to hear this type of speech at an event associated with the UN. Bitcoin, however, can help accelerate progress towards the UN SDGs.
There are many articles about this and that. UN considering the potential benefits of “digital assets,” “stablecoins,” or even CBDCsBut, most often, they either don’t acknowledge Bitcoin, or they do. casts it in a negative light.
However, Almond sees bitcoin — something he referred to from the stage as “freedom money” and a great enabler for saving for people around the globe, many of whom don’t have access to traditional financial services — as something to help people meet the UN’s SDGs more quickly.
His company made him an ideal candidate to convey such a powerful message. PaystandThe United States’ largest B2B blockchain payments provider donates 10% from their profit to Paystand.org, a nonprofit that aims to further financial inclusion — one of the aims of SDG 3 — around the world through Bitcoin.
“We believe that Bitcoin circular economies are major catalysts that drive a lot of the UN’s goals,” Almond speaks to Bitcoin Magazine “But instead of coming at it through philanthropy, they’re creating agency.”
Almond believes that Bitcoin is not just a tool to help people achieve their goals, it also helps them do so faster.
“What does the UN believe? Access to education, access to technology, access to jobs, access to financial literacy are the drivers of better outcomes for people,” “He said” “When you study Bitcoin circular economies, what you find is that Bitcoin is the catalyzing agent that accelerates those outcomes.”
Almond gave the example of Bitcoin Beach as Paystand.org is a supporter of that community. He also noted the importance the education center of the community. Hope House.
“Hope House started with Bitcoin education, general literacy, and tourism,” Why Almond?
“The kids are a little older now, and we have a new program which teaches them about technology and computers,” He added.
“Now, they’re getting internships at Bitcoin mining companies.”
Almond also mentioned the work that Bitcoin Dada Does not only include introduce African women to Bitcoin But to assist them in finding jobs within the industry.
Bitcoin Recognition by Global Leaders
Almond is planning to visit the UN General Assembly during the week of the UN General Assembly to discuss the impact that Bitcoin has on global policymakers and leaders, including the most vulnerable.
“Nation state leaders are now more engaged in Bitcoin than ever, at least in the decade plus I’ve been doing this,” Almonds are a popular choice.
“Ultimately, leaders follow what their constituents are looking for,” Adding to this, he suggested that people on the lowest rungs of the economic ladder are searching for an opportunity like Bitcoin or its surrounding industries can provide.
“Bitcoin provides their constituency base with access to jobs, access to technology, and access to financial literacy.”
Almond explained the difficulties policymakers face in addressing those who are at the base of the pyramid. This is because the GDP of this group of people has little impact.
When he shows them the effect that Bitcoin circular economy is having on the community, they are unable to deny it and quickly convert.
While he’s in New York, he looks forward to gaining more followers.
“Anytime you can engage leaders of the government and United Nations to talk about how Bitcoin is used in the real world is a good thing, because we are telling the story of why Satoshi created Bitcoin in the first place,” Almonds are a popular choice.
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Source: bitcoinmagazine.com
