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
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65 sats \ 0 replies \ @0fje0 24 Jan 2024
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:
(Emphasis mine,)
That may be a bit of a stretch, but I look forward to seeing this pan out.
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55 sats \ 1 reply \ @KLT 24 Jan 2024
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.
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0 sats \ 0 replies \ @0xbitcoiner OP 24 Jan 2024
Well, I'll be! Good content deserves to be seen 🤠
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0 sats \ 0 replies \ @021f3af1a6 12 Jun
This hit home for me. I’m from Malawi 🇲🇼 and I’ve seen firsthand how people are stuck between no electricity and a broken currency. Most people don’t know what Bitcoin is yet, but they feel the problems it solves.
Bitcoin mining with stranded energy might sound abstract to the West, but here it means building power where the grid never reaches. Add Machankura to that, and suddenly rural people without smartphones can actually use sound money.
This is not theory for us — it’s survival and hope. Thank you for sharing this.
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0 sats \ 0 replies \ @SaToSHiWoMaN 4 Mar 2024 outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.