based on materials from the website - By Coindoo.com
The concept promoted by Bitcoin supporter and advisor to the President of El Salvador Max Keiser suggests providing shipping companies with discounts on canal passage fees when paid in bitcoins. The goal: to gradually form a national reserve of bitcoins through a constant flow of payments passing through the canal.
Considering that the 82-kilometer waterway is crossed by 13,000 to 14,000 vessels annually, and the annual revenue exceeds $5 billion, even a modest rate of implementation could create significant reserves for the country. Keiser believes that such an approach will make Panama a global example of how strategic crypto integration can strengthen national wealth.
Mizrahi called the proposal 'brilliant' and expressed hope that the Panama Canal Authority will explore its potential. Implementing this proposal will not only diversify the country's income but also strengthen its growing reputation as a cryptocurrency-friendly jurisdiction.
Panama has already laid much of the groundwork. Earlier this year, new legislation allowed companies and individuals to voluntarily conduct transactions with digital assets while simultaneously establishing licensing standards for virtual asset service providers and ensuring compliance with international financial discipline rules.
If the initiative to charge for bitcoins is implemented, the country will take one of the most significant steps towards integrating cryptocurrency into its economic infrastructure.
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