Bitcoin Dominicana promotes its economy from the street and forges a plan to shield it

The Bitcoin community (BTC) in the Dominican Republic promotes a basic strategy to promote a circular economy, expanding from the small businesses of the colonial city, the historical nucleus of Santo Domingo, capital of the Caribbean country, until the formation of a formal association that now seeks to influence the Congress with legislative proposals.

Led by Pedro Vital, founder of Bitcoin Dominican, The movement seeks to move from organic adoption to a legal framework to provide security, attract investment and legitimates a nascent industry.

The plan is forged in the streets. Starting from the countercultural epicenter of Santo Domingo, the community wove a confidence network directly with artists, barbers, Uber drivers and other entrepreneurs, as detailed vital in conversation exclusively with cryptootics.

“We start with the artists themselves, they make their little bazaars,” explains vital, describing a proximity tactic. The strategy was as simple as effective: “It’s as easy as going to the grocery store (popular store in popular areas) and saying: ‘See me a bottle of water, can I pay it in Bitcoin?'”

This melee effort catapulted adoption. In less than a year, Vital achieved with his team that 65 businesses will accept Bitcoinstarting from only five throughout the country. “The trajectory showed us that starting tiny and close was the form,” he says. This work test in the real world became its main argument to gain public confidence and the media, something that proudly revealed.

Now, the movement evolves to Interact formally with companies and the State. To achieve this, the community plan began with the constitution of a non -profit association, as explained by the leader of Bitcoin Dominican.

“The association is constituted as a non -governmental organization,” he details vital. Your goal is Create an entity with sufficient weight to propose a legal framework. “It will allow us to interact with international, local institutions and the State to deal with Bitcoin and emerging technologies.”

The final goal is to submit proposals of law in Congress. Vital compares its ambition with the successful film incentive law, “which offers a 30% fiscal incentive to audiovisual productions, significantly promoting local industry.”

“I understand the challenge that is to create laws for this kind of thing, but we cannot,” he acknowledges. He believes that without a clear frame, the industry risks staying in a “media show” and not in a solid economic base.

The way, he admits, will be “a little uphill,” since they lack a political leader as in El Salvador, for example. However, its strategy is based on persistence and formality. «It is not the same to have a prospect that gives it [un borrador] To the Congress, to have an association endorsed by the members, ”he emphasizes.

As Cryptonotics reported last year, the Superintendent of Banks of the Dominican Republic, Alejandro Fernández, said that the Digital assets, including bitcoin, are not legal tender and should not be considered a replacement for the Dominican weight. Fernández highlighted the need to alert about the risks of cryptoactive, such as their volatility, and linked them to illegal activities, such as drug trafficking and cyber attacks, due to their unregulated nature.

Fernández did not recognize that crimes with cryptocurrencies decreased in 2023, according to firms such as Chainysis, although they have had a rebound in 2025. The superintendent also also no longer alcaró that Fíat money is preferred by criminals. He also emphasized that the Dominican weight, controlled by the Monetary Board of the Central Bank, is the pillar of the local economy.

Meanwhile, the movement to create a circular Bitcoin economy continues to expand in the Dominican Republic. This, supporting the creation of new communities such as the “Bitcoin Latin” group, which focuses on their efforts on empowering women in the neighborhoods, demonstrating that Bitcoin’s adoption on the island is built, one block at the same time, and strongly, from the base.