The world is building wealth with crypto — Why isn’t Belize?

Published by [email protected] at April 30, 2025

Posted: Wednesday, April 30, 2025. 5:31 am CST.

By Horace Palacio: Belize is running out of time. The rest of the world is not waiting, and neither is the future. While our leaders debate tired economic strategies and beg for foreign aid, a quiet revolution is building at global scale — and it’s called cryptocurrency. This isn’t about hype. It’s about survival. It’s about freedom. It’s about taking control of our economic future before it’s sold off piece by piece to the highest bidder.

Crypto is not some fringe trend. It is a global financial movement backed by billions in capital, institutional adoption, sovereign government integration, and unstoppable technology. El Salvador didn’t adopt Bitcoin as legal tender because it wanted to make headlines — it did it to escape the suffocating grip of global banks and IMF dependency. Today, they’re building a Bitcoin-powered economy. Their president isn’t waiting for the next loan. He’s building a future.

Meanwhile, Belize — with all its potential, talent, and geography — remains stuck in neutral. Our young people are digitally native, but our economy is not. Our banking system is fragile, slow, and closed off to global commerce. Local businesses struggle to receive payments from abroad. Entrepreneurs can’t raise capital. Freelancers lose 20% of their income to wire fees. This is not progress — it’s economic handcuffs.

Imagine a Belize where cross-border payments are instant. Where tour guides accept crypto from travelers without dealing with banks. Where local businesses access DeFi loans instead of getting rejected by brick-and-mortar banks. Where a young coder in Belmopan can earn in stablecoins, invest in global assets, and grow wealth without ever leaving the country. That Belize is possible — but only if we have the courage to act now.

Dubai is doing it. Malta is doing it. El Salvador is doing it. Even Nigeria, under immense economic strain, is seeing mass adoption of crypto at the grassroots level. What’s stopping Belize? Fear? Laziness? Leadership that doesn’t understand the internet?

This isn’t a call for chaos. It’s a call for clarity. Belize needs smart crypto regulations — not bans. We need blockchain education — not paranoia. We need to build an economy that works for the people — not one that preserves the elite’s grip on outdated systems.

The world is not asking for permission to change. It is changing — fast, permanently, and without Belize’s input.

Crypto is not the risk. Doing nothing is.

It’s time to wake up. It’s time to plug in. It’s time to build.

Belize must embrace cryptocurrency. Not cautiously. Not later.

Now.

The views expressed in this article are those of the author, Horace Palacio, and do not necessarily reflect the views or editorial stance of Breaking Belize News.

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