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11 sats \ 2 replies \ @SatsMate 1 Mar \ on: A Bitcoin Economy Forms In Africa’s Largest Informal Settlement bitcoin
Very cool. Giving the video a watch. Curious in areas of poverty accross Africa how are they approaching self custody? Many can't afford hardware wallets, are they conducting self-custody on a computer?
If in genuine poverty you are unlikely to be stacking sats but rather earning them and very swiftly then spending them on the essentials of life.
A good 'hot' wallet can be a lot more secure than fiat cash.
Cold storage for those who want/need it is essentially free and does not require the highly hyped third party HW gadgets western Bitcoin stackers often to use.
https://electrum.readthedocs.io/en/latest/coldstorage.html
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Good resource. I agree with you about hardware wallets being over-hyped.
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