Surinamese presidential candidate Maya Parbhoe, who is also the CEO of Datalist Labs, has made a bold statement proposing the adoption of Bitcoin (BTC) as the official currency of the country as a solution to its economic woes.
Parbhoe’s pro-Bitcoin stance is a key component of his campaign platform, as he claims that BTC can bring much-needed transparency and efficiency to the Surinamese economy.
In a recent interview, Parbhoe highlighted the economic struggles that have plagued Suriname since its independence in 1975, particularly inflation and systemic corruption. He believes that Bitcoin, with its decentralized nature, could be effective in addressing these issues. “I believe that Bitcoin is a solution to the problem of inflation and systemic corruption,” Parbhoe said, noting that the transparency offered by blockchain technology could help combat corruption in government spending.
Parbhoe envisions a future where government transactions take place on the Bitcoin blockchain, allowing the public to track spending in real time. He argues that this would not only reduce corruption, but also increase government efficiency. “There’s not a lot of transparency and there’s a lot of room for corruption…you could set up a system where you could actually track all the spending and see where everything is going,” he explained.
The government of Suriname, which Parbhoe describes as inefficient and where half of the working population is employed by the state, could benefit significantly from this change. “There’s a lot you can solve by making Bitcoin not just the fiat currency but also a unit of accounting,” he said, emphasizing Bitcoin’s potential to drive economic reform in the country.
*This is not investment advice.
