Just happened, orange pill story.

Was trying to pay a local fixer, she must be in her mid 20's speaks English. Never really heard much about it. Didn't want it.

She insisted on WesternUnion/Visa solution, after fiddling for 20min we manage to send. She checks her visa and is surprised by the fee. I give the I told you so spile, now she is open to bitcoin. I download the BitcoinJungle app on her phone, send her 5 bucks instantly. And show her the map of all the places she can spend it or sell it for dollars. Mind blown, she says next time bitcoin.

GM!

Always read the ingredients before buying stuff from the supermarket. Most food with a brand is junk.

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Unlocking Knowledge: Bitcoin in Plain Language

This series continues to translate the original white paper by Satoshi Nakamoto to plain language. The goal is to have easily shared content, and send new people directly to nostr to read it. The original content will be posted, with the plain language below.

Please show support by sharing or sending sats.

Introduction Paragraph 2

What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party. Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers. In this paper, we propose a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions. The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes.

Plain Language

We need a way to pay for things online without relying so much on trust and middlemen like banks. Imagine a system where you and another person can directly make transactions without needing a third party to oversee everything. To prevent fraud, we want transactions that are practically impossible to reverse.

In our idea, we suggest using a peer-to-peer system with a special server to keep track of when transactions happen. This server helps us prove the order of transactions through advanced computer work. As long as the good guys have more computing power than any group of bad guys, our system stays secure. It's a digital way of making sure everything happens in the right order without someone trying to cheat the system.

#bitcoin #crypto #btc #blockchain #cryptocurrency #hodl #digitalgold #decentralized #satoshi #cryptonews #satoshinakamoto #whitepaper #bitcoinwhitepaper #nostr #grownostr

#bitcoin is the only way to save.

Looking for talented artists to create hand-drawn image diagrams explaining Nostr and the relationship between clients and relays. The diagrams should be clear, concise, self-contained and visually appealing. Multiple submissions will be accepted and rewarded with a bounty. Get creative and show us your skills!

Some people never learn. #Bitcoin only.

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There's a use case for (nearly) everything.

Blockchains use cases tend to be "trustless" global replication of small amounts of data. Cryptocurrencies are the best-known example of where blochchain really shines, but there are potentially others, like supply chain management and certain kinds of property rights.

I AM CONVINCED THAT A MAINSTREAM NOSTR CLIENT SHOULD HAVE AN INTEGRATED BITCOIN WALLET.

True. I wish more FOSS projects would charge. Many would become better.