Great article by Nate Scholz & Ahshuwah Hawthorne
"Bitcoin Solves Real World Problems
Through numerous personal interviews, site visits, and online research, we have gathered a comprehensive collection of case studies that demonstrate how #bitcoin is being used around the world to benefit the lives of people and facilitate gospel ministry. We’ll mention a few.
#BitcoinBeach is an economic community development project in #ElSalvador. It was founded by a team of missionaries who saw an opportunity to introduce bitcoin to an unbanked community. Over the past five years, this “bitcoin circular economy” has infused millions of dollars of value into this community, instilling hope for the #future.
#GridlessCompute is a bitcoin mining company founded by two missionary kids who grew up in #EastAfrica. They have a vision to bring #electrification to all of Africa. They accomplish this by co-locating bitcoin mining computers alongside underutilized and unprofitable renewable energy infrastructure. #Gridless becomes the anchor tenant and purchases all the energy that is unused by the community. In doing so, they lower the electricity cost for everyone else, while also making the build-out of new energy infrastructure profitable for the first time.
A third compelling use case is creative-access funding for ministries in authoritarian regions of the world. Missions entities often utilize complex, slow, and expensive money-flow processes, or unreliable and risky cash mule strategies to get money into the hardest to reach places. As an internet-native currency, bitcoin can be sent anywhere in the world instantly and anonymously. As the 7th largest global currency, there is demand for bitcoin in every country on earth."