Bitcoin to the Rescue: Suriname’s Next President Vision

Bitcoin advocate Maya Parbhoe is running to become Suriname’s next president. The entrepreneur gained significant attention when she declared herself a “Bitcoiner first and a politician second.” Parham’s rise in Surinamese politics comes at a crucial time when the country is facing economic challenges and political instability.

As the nation goes into elections next year, Parham’s vision of implementing a BTC standard in Suriname, positioning the nation at the forefront of the cryptocurrency revolution. This would mean using BTC for daily transactions, savings, and even governmental operations. Such a move could potentially insulate the country from debt-ridden inflation and currency devaluation, issues that developing economies collectively face.

Pay attention to MayaPar25 — she’s going to be the next President of Suriname when she wins next year. She is also extremely based and told me she’s a “Bitcoiner first and a politician second.” A Bitcoin Standard is coming to Suriname

Her policy outlines the following key points:

• Adoption of Bitcoin: Encouraging businesses and individuals to use BTC for transactions.
• Regulatory Framework: Establishing clear and favorable regulations to foster BTC adoption.
• Education and Awareness: Launching nationwide campaigns to educate the public about the benefits and uses of BTC.

Bitcoin’s Global Impact: El Salvador’s Historic Move

Parham’s advocacy for Bitcoin has joined a growing list of developing nations that are seeking an alternative to fiat or dollar-based currencies. As digital assets gain traction, nations around the world are eager to transform their economies.

Meanwhile, El Salvador prepares to launch its first-ever capital raise using Bitcoinin partnership with Bitfinex Securities. This event heralds a new era in the nation’s financial landscape. Bitfinex Securities, which allows issuers to raise capital through equity offerings and admission to trading, first arrived in El Salvador in January 2024. It became one of the earliest registered and licensed digital asset service providers in the nation.

By disintermediating traditional finance and democratizing capital and investments, this initiative aims to make them accessible to a broader audience, hence symbolizing the next phase in El Salvador’s BTC-based capital markets.