If Bitcoin cannot help the most desperate of us the uptake of the technology will decline. There are more poor folk than SAT heavy Bitcoiners
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If Bitcoin cannot help the most desperate of us the uptake of the technology will decline. There are more poor folk than SAT heavy Bitcoiners
Check out this homeless dude who got $10k profit from an app he coded but continued to live on the streets because he can't open a bank account without an address:
https://www.businessinsider.com/leo-the-homeless-coder-2014-5
https://observer.com/2014/05/why-leo-the-homeless-coder-remains-on-the-streets-one-successful-app-and-10000-later/
Also ask @anarkio who has no documents at all.
Bitcoin = survival.
Great story.
I can relate :o(
Bitcoin is Internet money. It might help people who are unbanked or unbankable. If they have money and are unable to spend it through other rails, the permissionless nature of it can be very useful. Also because it may be safer to store a little data than a lot of banknotes or valuables, it might be helpful from a custody perspective (then again of your phone gets stolen you might really be in trouble).
If you dont have money at all, it wont be useful.
Well my take is it can if awareness is available. the poor must know about Bitcoin and its capacity to deliver them out of poverty. So take micro jobs demand payment in Bitcoin and then stack them up hold only to liquidate when its better price can now help you fund a life style you so desire out of your desperate situation
I was just thinking about this last night. I posted on the daily discussion thread a few minutes ago. Last night I attended a NY Mets baseball game at CitiField. On the walk back to the subways after the game, there is an informal marketplace where people looking pretty down on their luck were selling items like cans of beer, soft drinks, hats, shirts, etc. They held up handmade signs saying they accept venmo and zelle. Bitcoin seems like the perfect solution for them.
Of course, this is one anecdotal use case. For more comprehensive ideas regarding charities, check out the work of Alex Gladstein and Anita Posch.
Thank you for the pointer to Alex Gladstein and Anita Posch.
Easy, bitcoin demonetizes housing, removes licensure from occupations, and with Nostr, people will be able to make a living as individuals, unencumbered by the tyranny of employment laws i.e. bitcoin obsoletes 99% of homelessness
It has to be said that without a phone & internet access it will be difficult.
Gifting some could spark a bit of hope for the future which could be a turn in the right direction.
I've actually seen some posts about people using Bitcoin with an old phone that has no internet connection:
view on twitter.comIt's kinda cool, not sure in which locations it will work though
getting the phone with a wallet of satoshi is the major problem to solve. Getting wifi is challenging but not major. Libraries, rail/bus stations. hanging outside cafe's etc..
Start small. Buy a few dollars worth and hold. Learn about bitcoin and lightning.
The process is transformative and will lead to better things including finding somewhere to live. 🙏
I’m waiting to see someone holding a sign with their ‘homeless @walletofsatoshi .com’ receive address... QR no longer necessary!
Like a social media facebook like site for homeless people. They can put up a QR on their profile. Easily checkable by locals and the verified can get SATS from a pool of donaters. Maybe co. can donate % of profits... hmmm..
Bitcoin doesent leech peoples purchasing power (in theory) and if thats true then the productive people will be able to save up and actually help the less fortunate more
Bitcoin helps you help yourself.
Unfortunately the communists will push cbdc through the homeless aid programs
Lmfao. You greedy fuckers who don't want to pay taxes to benefit society will find any god damn excuse won't you?
How fucking brain dead do you have to be to still believe stealing money from people “benefits” people
Youve never been to Europe and witnessed first hand how much better off society is have you? All thanks to actually making the wealthy and those that can afford to do so pay their fair share in taxes. You have ZERO empathy for those who aren't wealthy and have empathy for wealthy individuals and CEO's/corporations for some reason and actually advocate against them paying into the system so that kids can eat and people don't die from preventable conditions. Tell me how fucking insane is it to feel bad for someone who's insanely rich because you think they pay "too much" in taxes and are being stolen from. But you don't feel bad at all for the kids who go hungry. You people are SICK.
Wow cry more Eurotard! 🤣 let’s see how long your precious socialist utopia lasts without the military subsidy from US!
I live in the US....and typical right wing MAGA cultist. When presented with a rational argument using logic and facts that they have no logical retort to, they sling insults and false narratives then act like they won the debate.
We are being laughed at by the rest of the civilized world right now thanks to Trump and his administration. International fans are canceling their World Cup tickets in mass numbers because our country is no longer safe for foreign visitors.
Boo whoo they are cancelling fifa tickets? Oh my god we better give up everything and join the communist utopia! LMAO!
Why don’t you fucking leave and move to your dream eurotard country if you hate the US so much?
You don’t do it because you are a coward. Instead you sit there crying over mainstream news propaganda.
Why don't you realize we are far behind the rest of the world and we have never been great and never will be great until we decide to care more about the 90% instead of the top 10%.
I'm here fighting and trying to make my country better for EVERYONE in it. The whole "why don't you leave it if you don't like it" line just shows that your side has no interest in improving this country for those who aren't rich, straight, white men. You want to drag us backwards to a time where no one but that group of people had any rights. If it was up to your side, black people would be in chains still, women wouldnt be able to vote, and gay/trans people would be executed.
Our founding fathers are rolling in their graves at those who think like you. They intended for our nation to evolve and adapt with the times, which is why they allowed the constitution to be amended.
You and people like you are everything that's wrong with this country. It's obvious you've never traveled outside of the country and only believe what your right wing propaganda networks tell you about Europe and countries that are far far ahead of the US in everything that makes a country great. You're being lied to man.