#Bitcoin has made me more:
- careful with my time
- patient
- stoic
- minimalist
- healthy
- honest
- analytical
- grateful
- anti-consumerist
- thoughtful
- holistic
- detail-oriented
- globally-minded
- long-termist
Bitcoin evolves our minds as much as our money.
In Part I of our series on the Bitcoin Learning Center in Chiang Mai, Thailand, we looked at how the center's co-founders — @JimmyKostro and Fai — met and why they decided to open the center.
In Part II, we take a closer look at what the center facilities, from hosting meetups and BitDevs sessions to serving as the home for its extensive media operations. We also take a look at how the center has built a bridge with local universities.
Highly recommended reading if you're looking for a little pick-me-up in the depths of these here 'bear markets'!
"When it comes to communities, ecash makes more sense..."
Fedi's Southeast Asia Community Master, @dearezkitha, on how Lightning ⚡️ solutions often rely on third parties, while ecash via @fedimint can be managed at the community level
Please join @Modibe_, @frankcorva, and @malkrite on Thursday, 23 July, at 10am ET.
They'll be discussing @citrusrate and the importance of knowing the bitcoin price in local currencies across Africa.
Be sure to tune in!
Lots of cool Fedimint developments recently! Most people probably know about @fedibtc (the protocol and the wallet/company are often confused), but more wallets have been released recently. I wanted to highlight some of the features available in Ecash App
Please join @dearezkitha, @frankcorva, and @piriya on Thursday, 16 July, at 10am ET.
They'll be discussing the work that Piriya of @RightShift_to does and bitcoin adoption in Thailand.
Be sure to tune in!
Please join @LOReBitcoin, @frankcorva, and @ValeCreativo on Thursday, 9 July, at 11am ET.
They'll be discussing the work that Valentín, creator of the Bitcoin game Mariachi vs. Inflation, does as a developer as well as the social impact he aims to have through his work.
Be sure to tune in!
Big shout-out to @BitcoinEkasi and @fedimint
You've probably heard the story. You may not have gotten what it means.
At the same time that Bitcoin was printing its worst month in four years, a township in Mossel Bay, South Africa was quietly building its own bank using Bitcoin.
Bitcoin Ekasi has run a circular economy since 2021: 50 kids in its surf program, their coaches paid 100% in Bitcoin, spending it at local spaza shops.
The piece that stayed unsolved was custody.
Some members will never manage their own keys, and a custodial app means trusting a company that can freeze or lose their money.
So they built community custody with Fedimint.
7 local guardians hold a 5-of-7 multisig and issue eCash that is instant, free, private, and simple enough for non-technical people to use.
The people least served by banks now hold sound money with no bank, no exchange, and no key to lose.
Why Bitcoin and nothing else?
No bank will build rails for a poor township, and the rand keeps eroding what little people can save.
Only open, permissionless, fixed-supply money let this community own its financial rails and run them itself.
Just imagine what would happen if other towns around the world folllowed Mossel Bay's recipe.
Adoption does not stop when the price falls. In fact, that's when the builders become easiest to see.
El 10 de julio voy a reunir en 12 horas a todos los proyectos que están construyendo Bitcoin en 🇲🇽!
Esto es un reto personal para unir a los bitcoiners en Méx 🧡
Aquí se construye distinto con comunidad, con propósito, con las manos en la masa.
⚡ Powered by @Fedibtc
Fedimint in South Africa: Zero Fees & Community Custody | SLP752
Zero fees, eCash and Bitcoin payments running daily in a South African township. @vryfokkenou (@BitcoinEkasi) and @joschisanbtc (@fedimint protocol dev) break down their live 7-guardian Fedimint federation on Start9 from test to production, full user migration, Conduit wallet, Lightning gateways, and why local guardians beat foreign custodians.
Timestamps:
00:00 - Fedimint Goes Live in South Africa
01:48 - Magic: Pay Across Africa
04:15 - Onboard Users Without Custodial Guilt
08:08 - Zero Fees Shock Rural Users
11:04 - Liquid vs Fedimint Privacy Showdown
13:32 - Many Small Federations Or Global Spark
16:09 - Non-Techies Run Bitcoin Guardians Easily
18:14 - 5-of-7 Multisig Survives Two Failures
20:53 - Fedimint QR Is a 5-of-7 Multisig
24:05 - Gateway: Profitable Hobby in Hours/Month
31:06 - Trust Locals Over Anonymous Custodians
34:55 - Spread Guardians to Survive Outages
Please join @Modibe_, @frankcorva, and @DanielTajuMZ tomorrow, Thursday, 2 July at 12pm EST.
They'll be discussing the work that the team at @BitcoinFamba does as well as what Bitcoin adoption in Mozambique 🇲🇿 looks like.
Be sure to tune in!