How Selling Rice in Malawi Taught me the Real Value of Bitcoin \ stacker news ~bitcoin

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How Selling Rice in Malawi Taught me the Real Value of Bitcoin

1960 sats \ 10 comments \ @021f3af1a6 8 Jun bitcoin_beginners

I'm a student in Malawi selling rice to support my education. But rising inflation is killing my savings. Then I found Bitcoin. 🧵👇 How it's changing my life, one grain at a time... I started selling rice during school breaks to pay rent and buy food. I live in Namitete, a small village. Most people here don’t even have bank accounts. Cash is king — but it loses value fast. Malawi’s kwacha is unstable. Prices change every week. So whatever I save from my rice sales gets eaten by inflation. That’s when I found Bitcoin — not from banks or TV, but from places like @stacker_news.At first it felt like magic internet money. But soon I saw it for what it is: ✅ Censorship-resistant ✅ Scarce (unlike the kwacha) ✅ Global I started saving a small part of my profits in sats. Most of my customers still pay in cash. But I’m learning, stacking, and dreaming of orange-pilling my village someday. Bitcoin isn’t just for rich tech bros. It’s for anyone trying to survive. If you're using Bitcoin in Africa — for business, remittances, or savings — I’d love to hear from you. Let’s connect. 🌍 We’re building something real.

#Bitcoin #Africa #Malawi #P2P #StackingSats

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17 sats \ 3 replies \ @Signal312 8 Jun

Are you selling cooked rice, or uncooked? People buy it to eat right then? What are your purchasers like? What made you choose rice, to sell?

51 sats \ 0 replies \ @021f3af1a6 OP 8 Jun

Thanks for your questions! I sell uncooked rice — people buy it mostly to cook at home.

My purchasers are mostly local families and small shops in my village who rely on affordable staple foods.

I chose rice because it’s a staple food in Malawi, always in demand, and easy to store and sell in small quantities. Plus, it helps me support my studies while providing something my community needs every day.

If you want, I can share more about how I run the business or challenges I face!

0 sats \ 1 reply \ @Signal312 8 Jun

Also, do some of your purchasers actually purchase, in sats? Impressive, if so. Which wallets do they use?

34 sats \ 0 replies \ @021f3af1a6 OP 8 Jun

Thanks! Not yet — most of my customers still use cash because Bitcoin isn’t well known in my area, and internet access is limited.

But I’ve been introducing some of them to it slowly. A few friends are now experimenting with wallets like Phoenix and Bitnob, and I’m encouraging more people to try Moon or Wallet of Satoshi because they’re beginner-friendly.

My goal is to show people how Bitcoin can help with saving, not just spending. Step by step!

0 sats \ 3 replies \ @OT 8 Jun

Good for you!

How do you stack sats if you don't mind me asking?

0 sats \ 2 replies \ @021f3af1a6 OP 9 Jun

I use small daily purchases to stack—300 sats a day. It might not sound like much, but it adds up, especially if Bitcoin keeps growing long-term. I'm doing this to build some savings since I’m a student. What about you—any stacking tips?

0 sats \ 1 reply \ @Scroogey 9 Jun

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0 sats \ 0 replies \ @021f3af1a6 OP 10 Jun

Great question! There are a few ways to purchase 300 sats depending on where you are. I usually use Bitcoin Lightning wallets like Wallet of Satoshi, Muun, or Phoenix. You can buy sats through those using services that allow mobile money or bank cards, depending on your region.

In Malawi, direct purchasing isn't always easy, so I often rely on P2P trades—buying from someone who already has sats and is willing to sell using local payment methods.

Fees can vary:

Lightning Network fees are usually super low—almost nothing.

On-chain fees (for normal Bitcoin transactions) are higher, so for small amounts like 300 sats, it's best to stick with Lightning.

Are you trying to get sats for stacking, spending, or testing things out?

0 sats \ 1 reply \ @hasherstacker 8 Jun

Welcome to Stacker News. I'm from Malawi

17 sats \ 0 replies \ @021f3af1a6 OP 8 Jun

I am so excited and glad for the warm welcome