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Prospera’s Bitcoin Standard: Intro to the World’s Only Unit-of-Account Experiment
In this episode, we unpack a bold monetary experiment unfolding in Prospera, a charter city on Roatán Island in Honduras, where Bitcoin isn’t just legal tender—it’s the unit of account. We explore how businesses there can keep books, pay taxes, and operate entirely in satoshis, eliminating dollar conversions and capital gains calculations that typically turn crypto transactions into accounting headaches. I compare Prospera’s approach with El Salvador’s, highlight the straightforward compliance model—a 1% revenue tax paid in Bitcoin—and explain why this is especially attractive for crypto-native companies, Lightning startups, international freelancers, and funds with Bitcoin treasuries.
We also zoom out to the historical context, drawing parallels to Venice and Amsterdam—small, autonomous trading hubs that birthed major monetary innovations. I discuss Prospera’s broader “Bitcoin district” vision—residency, company formation, and an ecosystem where Bitcoin is foundational—while acknowledging practical questions like volatility and adoption. Finally, I outline what to watch next: real business uptake, copycat jurisdictions, and how this experiment reshapes the global conversation about money. Whether bullish or skeptical, Prospera offers a rare real-world lab for testing a Bitcoin standard.
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PS This is AI generated episode, for search engine purposes. I hope you don't mind!
To learn more about Bitcoin District Próspera, visit these websites:
Bitcoin District Próspera
Telegram group of Bitcoin District future neighbours
️ Bitchill - retreat for bitcoiners on Roatan: relax, people, workshops
Bitcoin Workaway - help building community and live on Roatan
or email us at [email protected]
Money has always evolved in unexpected ways, but what's happening on a tiny Caribbean island right now could completely revolutionize how we think about Bitcoin and the future of currency. What exactly is happening there? Prosper on Roatan Island in Honduras, they're doing something unprecedented. They've made Bitcoin not just legal tender, but their actual unit of account, meaning businesses can keep their books, pay taxes and operate entirely in Bitcoin without ever touching traditional cur...
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