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lightwalker
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born and raised in one of the poorest countries in Africa, where the majority of the population still remains unbanked, and without internet connection. Just like most of the countries, communication is censored by central authorities in favour of large corporations, and not the citizens. These three names, drew my attention. Bitcoin, essential globally, enables anyone to store, send and receive money, anywhere at any time, in a decentralized manner, without relying on any central authority. Machankura, vital to Africa, enables the sending and receiving of bitcoins on a feature phone and without internet connection in Africa, using the USSD technology. Nostr, important for global communication. It is simple, enables global, decentralized, and censorship-resistant social media. I think these are some of the available solutions to achieve economic freedom and independence.

Whereas cryptocurrencies are all about enriching their founders, Bitcoin is all about helping every one of its users.

Bees don't waste their time explaining to flies that honey is better than shit.

“Base money is a liability of the central bank, and it’s used as a reserve asset by commercial banks. Broad money is the liability of commercial banks, and it’s used as a savings asset by the public. Treasuries are liabilities of the federal government, and they’re used as collateral by the central bank and commercial banks.

In other words, liabilities are collateralized by other liabilities, all the way down.”

– Lyn Alden

CBDCs and any other toycoin, only exist to prevent people from using Bitcoin. In order for the large corporations to maintain the monetary bondage.

"Bitcoin is the most interesting thing on the internet…"

- Julian Assange

Bitcoin's Proof of Work is portrayed as a waste of energy in the mainstream media. Don't be fooled by them. It's a propaganda to brainwash many people.

Why should you use Bitcoin?

“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.”

— Satoshi Nakamoto —

If you can't control your data, you're a slave

If you can't control your money, you're a slave

If you can't control what information you get, you're a slave

If you have no control, you're a slave ...

People, in a decentralized world of open-source protocols, are meant to make and accept Bitcoin payments.

I buy Bitcoins to spend it, and I sell Bitcoins to let others spend it.

Buying Bitcoins is the best thing to do. Why do you sell Bitcoins?

But what if people stop caring about the relationship to fiat? What if the farmers price their base goods in Sats, and don't do fiat conversion at all?