Panama City Mayor Mizrachi: “Bitcoin Is Not Just Safe, It’s Prosperous”
In a recent panel discussion at the 2025 Bitcoin Conference in Las Vegas, key figures including the Director of Bitcoin Beach Mike Peterson, the Presidential Advisors of Building Bitcoin Country El Salvador Max & Stacy, and Mayor City of Panama Mayer Mizrachi came together to shed light on Bitcoin’s future in Panama.
Mayor Mizrachi emphasized the city’s acceptance of Bitcoin, highlighting that while they receive payments in Bitcoin, they are facilitated in dollars through an intermediary processing system. He boldly stated, “Bitcoin is not just safe, it’s prosperous,” showcasing a positive outlook on the digital currency.
During the discussion, El Salvador’s approach to tackling scammers in the crypto space was also touched upon. Max shared the country’s initiatives, such as establishing The Bitcoin Office reporting directly to the President and passing a law defining Bitcoin as money and everything else as an unregistered security.
Interestingly, the conversation shifted towards the potential economic impact of Bitcoin on Central America to counteract global dominance. Mizrachi painted a picture of an economic alliance between El Salvador and Panama, with potential ripple effects in the region.
Stacy brought attention to El Salvador’s groundbreaking public school financial literacy program, emphasizing the importance of educating children from a young age about financial matters, setting a global precedent.
The panel concluded with Max highlighting the strategic implications of countries like Panama buying into Bitcoin, aligning with the US in a game theory scenario. The transition from a spending mentality to a saving culture was emphasized as a significant societal shift catalyzed by Bitcoin adoption.
For those interested in delving deeper into the insights shared during the panel discussion, the complete video of the Bitcoin 2025 Conference Day 3 is available for viewing.
In conclusion, the discussions at the 2025 Bitcoin Conference offer a glimpse into the transformative potential of Bitcoin adoption in Panama and beyond. The convergence of economic, educational, and strategic interests around Bitcoin marks a significant shift in the global financial landscape.
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