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We’re Going to Bitcoin Island! | Ethan Rose

Connect The World

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The Side Effects of the Lightning Network

There are around 300 merchants in the Philippines accepting Bitcoin. As a percent of GDP, it's enough to live completely off of Bitcoin. Remittances are 10% of the Philippines GDP and tourism is maybe another 5%. Saved massive fees and could return 1 to 2% of the entire Philippine GDP back to the country.

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