We need to transact. We need to create a crypto economy.
Imagine this: going to a bank and asking for a dollar account. And being told that we do not create dollar accounts any more.
That happened to me. The bank said that I should be "lucky" to have my dollar accounts because we do not make money on dollar accounts.
That moment I knew it. We need to have our own currency. We need to have our own way of transacting and RECEIVING currency.
The first thing you need to have when you move online as an entrepreneur is a WAY TO GET PAID. It looks like banks on Curacao do not get this.
I am not against banks. They have a useful function. They collect savings of the public and lend it out to business owners who want to invest. Banks have a great role. Traditionally they have. So banks are needed in a small island economy to thrive.
But when banks do not understand that small businesses need to EXPORT in a small economy they miss the boat.
When banks only want to give you a credit card and a mortgage and a car loan instead of a dollar account to receive money that's strike number 2.
I know I know, there are the corresponding banks in the USA which make the live our banks in the Caribbean aweful. Our banks have to comply with all kinds of regulations of Anti Money Laundring, Know Your Customers etc.
That's why when you as a start up business go to them and tell them that you need a dollar account ASAP so you can start selling your digital courses, your membership sites and your group coaching programs ASAP, the account manager goes like BLANK, and ask you: what is a membership site, what is a group coaching and what are you going to make and how many transactions, and from which countries, and what is your business plan, and what has been your sales for last 3 years and what sales do you expect during the next 3 years?
I do not know anything about that. I'm just doing my seed launch right now and I follow the Monetize before you create business process, you reply.
What is Monetize Before Your create, the account manager asks? Leave it: I don't need a dollar account any more. Before you are going to explain how an online business works to the account manager you give up.
So that is why I tell you: we need to create a crypto economy on Curacao. With DAI, with CuraDAI (CURA). DAI to extend it to other islands in the Caribbean.
Yes, lets think bigger. I'm an ambassador of the Virtual Island Summit in September. I'm an Ambassador for Curacao. YES!! Join that summit if you are interested in islands. It is free.
And let's go beyond transacting with only people on Curacao. 10 Percent of the World population of 7 billion souls LIVES ON ISLANDS.
Can you imagine? In the Caribbean already I have calculated that there are 43 million people. I can tell you more about more indicators of all the island economies.
But my point is: make sure you get your Trust wallet ASAP like Luuk Weber explained in this link here about CuraDAI. It will help you to start and get your Trustwallet in no time (only 5 minutes). And you won't need to talk to ANY ACCOUNT MANAGER...; o )
Then offer your services. Lets start offering our services and the price in
CuraDAI here on this community. We will find a way in tribe to get the list of services shown and the prices. (Put that task on me).
Lets start with services of 5 CuraDAI. So we each offer services of 5 CuraDAI. Check CuraDAI channel and you will see what services I offer.
And then we grow our services.
So next time you need a bank account that accepts foreign currency and local currency you know what bank to go. The bank is called TRUST wallet and you can download it for free in the Apple Store!!! That bank is called Trustwallet.com
Follow me on www.facebook.com/policyinparadise. There I go live every week on Monday, Wednesday and Friday at 16:00 AST and I talk about data, analysis and policy in the Caribbean. About how to analyze these economies. We already have 10 island economies that we analyze and building that list.
; o )