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SirGalahodl
25ee676190e2b6145ad8dd137630eca55fc503dde715ce8af4c171815d018797
Crusader for God and Bitcoin

Twitter has me so dialed in that going to the "For you" tab immediately raises my blood pressure.

Pulling up Nostr has the opposite effect.

What’s to stop a malicious app developer from stealing your keys in another way? There is a fake Damus app in the Google Play store that may be stealing private keys.

How is pasting private keys into an app any better than pasting it into a website?

Imagine you're a poor person who lives in a hut in the country. You make a living by selling handmade items in the city. You have a little money saved but cannot open an account at the bank because you have no ID and no birth certificate. Your modest savings is stored in a box under your bed and is literally being eaten by moths and inflation. You have friends in the US who send a few hundred dollars a year via Western Union, which takes a big chunk of it. Your stateside friends would like to send you Bitcoin. You have a smartphone, but it only has a data signal when you go to the city. Buying a hardware wallet or spending money on any other type of equipment is out of the question. Given these circumstances, how would you secure your Bitcoin?

Imagine you're a middle-class Haitian family living in the city. You have a house, a stable income, and a small amount of money in the bank. Buying a safe to store your seed phrase would be prohibitively expensive, and there's no practical way to order steel plates, stampers, or most other Bitcoin security tools. Although you do have a smartphone, a hardware wallet is out of the question. Given these circumstances, how would you secure your Bitcoin?

Friends, I need some ideas.

I'm putting together a seminar to teach Haitian people about Bitcoin, which I hope to present in Haiti later this year.

Many people in Haiti receive remittances from friends and family in other countries. Western Union is the most common way to send money, but their fees are exorbitantly high. The local currency, the Haitian Gourde, is inflationary and has lost almost 50% of its value against the dollar in the past 12 months. Although many middle-class people are able to have a bank account, 2/3 of Haitian people are unbanked.

Bitcoin was made for places like Haiti, but it also presents some interesting challenges:

- Haiti is politically and economically unstable.

- Electrical service is notoriously unreliable.

- Internet is slow and unevenly distributed (though that might be changing thanks to Starlink).

- Common items like building material, electronics, and personal security are difficult to get or nonexistent.

It’s not going to work for everybody, but my goal is to help educate some people about Bitcoin so that they can begin using it to reduce the cost of remittances, provide financial services to the unbanked, and begin to promote a circular economy based on an alternative currency.

I’m not an expert but I don’t think that’s where it comes from.

IRS stands for Infernal Revenue Service

I love my kids more than anyone, but there are 1000 things I would rather be doing today than sitting at their baseball game.

Verifying my Nostr Nests identity: vX3OWcxxOVobEVws5mcLUQuNZdOB0NvepnsmyB7_qn4

https://nostrnests.com