Podcast: Charlie of Free Madeira on Building a Bitcoin ₿ Circular Economy

Our second podcast – still bad quality BUT great bitcoin content! Charlie Gonzalez, originally from Venezuela, faced economic challenges due to hyperinflation, leading him to adopt Bitcoin in 2016 as a means to preserve value and facilitate his relocation. In 2023, he moved to Madeira and began promoting Bitcoin adoption among local merchants. Through educational initiatives and by highlighting benefits such as lower transaction fees and increased exposure, he successfully onboarded various businesses, including a chain of pharmacies. While Bitcoin transactions currently represent a small fraction of merchants’ revenues, the initiative has garnered interest, especially among digital nomads and tourists. Madeira’s favorable tax policies further support Bitcoin adoption, contributing to the