Six weeks ago, we documented the first transaction of our pilot. Since then, the merchant has continued saving sats. She does not convert back to fiat. No grand strategy. Just a small change in how value is perceived and held. The story is continuity. A first transaction is an event. A repeated choice is the beginning of an economy. Growth Event #009 Oriente Antioqueño, Colombia

Time ago someone came up with the notion that each and everybody somehow fosters poverty whenever we indulge in the use of fiat money as the medium of exchange. In the ongoing process of exchanging with one another, fiat quietly introduces compromise between peers, whereas a sound medium of exchange recognizes and reinforces each other's agency. No matter whether we are in favor or against, the process of exchange itself either loosens the chains or makes them tighter. The decision for one medium or another becomes a vote. By the very act of interacting, we either subsidize growth through voluntary cooperation or subsidize the gradual loss of agency through inflation. That is each person's free—yet inescapable—responsibility. The chosen medium of exchange quietly seals the relationship. No compromise is possible in this.

Relay test

Today the first merchant in our local pilot accepted Bitcoin for real goods. More importantly, she chose not to convert the sats back into fiat. A payment settled. A saver emerged. The experiment continues.