Avatar
Dave🐸
26e9ab7f2c8d2ac37903af90be2a1aef6f2acbd699f4f259caac7ad33d2000c1
No crying in the mempool.

Yes bro! perfect for the global south🔥

middle class - global north - don’t have these problems. Yet.😬

ZapplePay.com ⚡️

Replying to Avatar The Daniel 🖖

My “bitcoin shrine” as nostr:npub17meshv2lg6rfyuwzgh349yslllq7aathd55xu0jgjns2ayz6rt2seplm8u calls it is really taking shape. ⚡️🧡

Thanks to nostr:npub17f66kd7kfa47qdu6sh89wdsxpctykym2prrlreudaf3n4wkcf0lq9u92kc for the inspiration and nostr:npub1arkn0xxxll4llgy9qxkrncn3vc4l69s0dz8ef3zadykcwe7ax3dqrrh43w for the suggestion on improving the display of the virtual BLOCKCLOCK. This tiny iPhone SE was too old to run the full screen code, but I found a free standalone browser with no URL bar so it works just as well. I’m even going to try to orange pill the developer. 😁

The crocheted Nostrich nostr:npub1jrcfyw8n298jf83txvlxzx0w7jtfwqs0j4ha0dnn9ns33hgm209sqejdcc made and nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424 hand-delivered at #Nostrville has never been happier. 💜

The orange wristband from nostr:npub1rqhmkhcrrlerrm3jqu03sulxnhwpmt8dqws4chyx806qkk69rats48kx5z is one of the first things I ever spent sats on. 🤙

I think this needs a #LittleHODLer from nostr:npub1clfjjuhrnr2dyrxknvdgg5v4dnq55t5svkk34r76rpwzqf5cjdas7rk28k next! 🫂

Wait. Is there a block clock app for that iPhone !?👀

Replying to Avatar Daniel Batten

Here’s what I share with people who say “Bitcoin has not valid use other than speculative asset”

My first assessment of Bitcoin was "Speculative asset that does nothing useful but uses lots of energy."

Sound familiar?

What I learnt was that it was only my ignorance combined with me inability to imagine the lives of others living outside the West that had me believe this.

The reality is that Bitcoin is in the same pantheon as the smartphone and the Internet itself in terms of its utility. But unlike its predecessors, it helps people in the global South first - the West last.

That's probably why most people (like me) in the West initially fail to see its utility TO THEM, and therefore assume it has no utility TO ANYONE.

Bitcoin analyst Willy Woo estimates there are 100Million+ users of Bitcoin, rising exponentially. Here's a demographic snapshot of who they are and why they use it:

There are 1.2Billion people who are unbanked - 57% of them are women, 90% are people of color.

There are 4Billion people living under autocratic or semi-autocratic regimes, where the financial system can be used against them (eg: state freezing of bank accounts, censoring and surveillance of how you spend money)

There are 8.1M adult women in Afghanistan who are prohibited by law from opening a bank account, starting a business or receiving an income because of their gender

There are >300M people who's economies are experiencing hyperinflation (including Turkey, Lebanon, Argentina, Venezuela)

These are the people who see the utility of Bitcoin first. Not us in the West who take for granted our privilege, human rights, functioning banking system, 99%+ access to banking, and relatively low inflation.

You may be thinking "so what - how does Bitcoin help these people?"

It helps the unbanked, because you don't need a bank. A feature-phone (yes, like the one you had in 1999) plus some basic Bitcoin education is all you need to receive, save and pay. There's a financial revolution happening in Africa right now: the poorest in the world are leapfrogging the banking sector and going directly to Internet-native money (Bitcoin). This is why the continent of Africa is adopting Bitcoin faster than any other continent.

It helps people in autocratic regimes because they cannot be surveilled, censored, de-platformed or frozen by the State. This is why Nigeria is one of the biggest adopters of Bitcoin. It's driven by human rights activism.

It helps women in Afghanistan, because they can (and do) adopt bitcoin Lightening Wallets, which means state discrimination cannot deny them financial equity.

It helps those living with hyperinflation because it allows them to avoid 10 years of life saving being reduced to 1/2 its value inside a year.

That's why of the top 10 nations adopting Bitcoin

1. Top 2 nations are experiencing hyperinflation

2. 7 or the top 8 countries were colonised + have heavy IMF/World Bank loans

3. 8/10 are autocratic or semi-autocratic regimes

4. 7/10 from Africa, Latin America or SE Asia

To more than 1/2 the world, Bitcoin is the most useful technology in a generation.

Normie response: TL;DR / don’t care

people buy bitcoin when they need, not before.

global south will learn them📠

bro, what’s the minimum invoice / fee setting play nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5

tried reading your help but my brain is regarded😂

is Damus still the only client with 🤙🏽= likes ?