pull down to refresh

Alex Gladstein of the Human Rights Foundation reports on how Bitcoin is monetizing stranded energy, financing electrical infrastructure, and empowering millions.
Hundreds of millions of Africans face two problems holding them back from progress: 600 million lack electricity, while virtually all 1.4 billion people on the continent lack high-quality currency. Compare this to the US, Northern Europe, or Japan, where nearly everyone has access to consistent, affordable power and a widely-accepted reserve currency like the dollar, euro, or yen.

... read more

65 sats \ 0 replies \ @0fje0 24 Jan
A long and interesting read, covering lots of uplifting bitcoin activity in Africa. Thanks.
I was expecting to see Machankura mentioned and wasn't disappointed:
Machankura is planning to release a proof-of-concept that allows users to self-custody. If it works smoothly, it will be one of the biggest innovations in Bitcoin’s history, allowing people without the internet to actually be their own bank.
(Emphasis mine,)
That may be a bit of a stretch, but I look forward to seeing this pan out.
reply
55 sats \ 1 reply \ @KLT 24 Jan
Thank you for posting this. Check your financial privilege by Gladstein was such a profound book for me understanding how bitcoin is impacting the world on a global level and is one of the books that I recommend people to read.
reply
Well, I'll be! Good content deserves to be seen 🤠
reply
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.