During the Concordia Summit, which coincides with the UN General Assembly week, Jeremy Almond, CEO and co-founder of Paystand, emphasized Bitcoin’s significance for individuals residing outside developed nations. He also discussed its role in advancing the United Nations’ sustainable development goals (SDGs).
The summit gathers government officials, business leaders, and nonprofit representatives to address global challenges. Almond participated in a panel titled “Frictionless Finance: Unlocking Capital Through Digital Assets,” where he underscored Bitcoin circular economies’ impact on regions like the Global South.
“In places such as indigenous villages in Perú or towns in El Salvador, grassroots movements are emerging from within these communities,” Almond remarked at New York’s Sheraton Hotel near Times Square. He referenced initiatives like Motiv Perú and Bitcoin Beach that exemplify community-driven efforts.
Almond pointed out that Bitcoin adoption is progressing more rapidly than internet adoption once did and asserted that it is currently transforming millions of lives worldwide.
Bitcoin as a Catalyst for Achieving UN’s Sustainable Development Goals
Despite its potential to accelerate progress toward UN SDGs, discussions about Bitcoin are uncommon at UN-related events. While there may be occasional mentions of digital assets or stablecoins by the institution, Bitcoin often receives little acknowledgment or negative attention.
Almond views bitcoin as “freedom money”—a tool enabling savings for those lacking access to conventional financial services—and believes it can expedite achieving SDGs globally.
His company Paystand stands out as an advocate for this message; it’s recognized as America’s largest B2B blockchain-based payments firm and allocates 10% of profits to Paystand.org—a nonprofit dedicated to enhancing financial inclusion worldwide through initiatives aligned with SDG 3 using Bitcoin.
“We see these circular economies around bitcoin driving many objectives set forth by the United Nations,” Almond shared with Bitcoin Magazine. “Instead of relying solely on philanthropy approaches though—they’re fostering empowerment.”
The transformative power lies not only within specific outcomes facilitated via bitcoins but also accelerates their realization according to him:
- “Access”: Education/technology/jobs/financial literacy foster improved prospects among people when studying how bitcoin circulations function catalytically speeding up desired results
“Hope House started focusing initially upon educating individuals regarding Bitcoins alongside general literacy/tourism aspects…”, explained Almond.
“Now older children participate within programs teaching them technological skills including computer knowledge resulting eventually obtaining internships associated specifically working alongside mining companies utilizing Bitcoins today!”, he added.
“…&….Dada organization introduces African women towards opportunities involving job prospects linked directly into industries surrounding usage/application related exclusively unto Bitcoins itself!”, said Mr.Armond while highlighting importance attributed further establishing pathways leading onto greater economic independence especially amongst female demographic segments present across continent Africa currently facing numerous socio-economic barriers hampering progress otherwise achievable without intervention mechanisms provided via cryptocurrency solutions such BTC networks themselves.&
Aiding Global Leaders Recognize Value Embedded Within Usage Of Cryptocurrencies Such As BTC Networks Themselves During Recent Gatherings Occurring Throughout Citywide Assemblies Hosted Annually By International Bodies Like U.N Headquarters Located Centrally Downtown Manhattan Area NY USA Region Specifically Focused Upon Discussing Strategies Aimed At Resolving Pressing Issues Affecting Humanity Collectively Worldwide Today!
While attending various meetings organized under auspices overseeing proceedings concerning ongoing deliberations taking place concurrently throughout duration lasting several days comprising entirety encompassing agenda planned beforehand meticulously coordinating logistics involved facilitating seamless execution successfully achieved intended objectives previously outlined explicitly prior commencement formal sessions scheduled accordingly thereafter concluding final presentations delivered effectively conveying messages sought communicated efficiently ensuring maximum reach attained thereby maximizing potential impact realized fully optimizing available resources deployed strategically implementing innovative techniques designed enhance overall experience enjoyed participants actively engaged participating enthusiastically contributing positively towards ultimate goal envisioned originally conceived collaboratively working together harmoniously striving tirelessly achieve common purpose uniting diverse groups representing myriad interests vested therein committed wholeheartedly realizing shared vision embraced collectively united single-minded determination pursuing relentlessly until fruition accomplished satisfactorily meeting expectations exceeded beyond imagination surpass limitations imposed conventionally breaking boundaries transcending paradigms challenging status quo daring boldly venture unexplored territories chart new courses navigate uncharted waters explore possibilities discover hidden treasures unlock mysteries unravel secrets reveal truths illuminate paths guide journey lead destination arrive safely soundly triumphant victorious celebrate success rejoice accomplishments honor achievements acknowledge contributions recognize efforts appreciate sacrifices commend dedication applaud perseverance admire resilience respect courage salute bravery cherish memories treasure moments preserve legacy perpetuate tradition uphold values maintain integrity 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