The people of Puerto Rico have been fighting for self sovereignty for decades. Now, Bitcoin can be a critical tool for that goal.
This is an opinion editorial by Michael Markle, a member of the San Juan BitDevs meetup.
Sources: Puerto Rican flag and Bitcoin logo
Puerto Rico has seen it all, from currency devaluations, confiscation of wealth, natural disasters, colonizers and fights for independence, all in less than 100 years. Before that, Pedro Albizu Campos fought for Puerto Rico to have its own identity, its own independence and its own sovereignty.
But now the world has a decentralized money that can provide Puerto Rico with the independence and identity that it has been starved for and deserves.
Yauco, Puerto Rico
The History Of Currency In Puerto Rico
In 1889, Puerto Rico suffered a 40% currency devaluation, crippling the Puerto Rican economy. This was caused by the United States setting up the American Colonial Bank and declaring the U.S. dollar as legal tender
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