Will ships be able to pass through the Panama Canal paying with Bitcoin?
The current mayor of Panama City, Mayer Mizrachi, has proposed the fantastic idea of allowing ships transiting through the Panama Canal to pay for services to pass with #bitcoin .
This is a proposal that Mizrachi made at a roundtable discussion at the Bitcoin 2025 conference in Las Vegas on May 29. One of the greatest benefits of paying with Bitcoin would be that cargo vessels could avoid the queues to cross the important maritime canal.
As is known, the Panama Canal is an artificial waterway that connects the Caribbean and Pacific Oceans, allowing cargo ships to save travel time instead of sailing around South America. Recently, Panama City has been adopting Bitcoin-friendly policies such as the use of this #activo for public payments.
I find this an interesting proposal, considering the current role Panama is playing as a strategic point for maritime trade. Could this proposal become a reality?
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