Damus
satsminded · 32w
It's true yet hard to solve. The volatility is too much for those who can't afford a 10% drop. They'd rather hold stable sats or the stable coin. Organic adoption won't happen soon but there is ple...
Theory of Everything profile picture
I think in extreme situations like this you need people to go to these places, With free computers, Mining equipment, And probably an electric infrastructure grid project, To provide resources to these disadvantaged people. The Bitcoin mine in Virunga park, The north of the DRC seems to be the best chance of local people creating a bitcoin economy, With the ability to explain in a local language how bitcoin works. Imagine doing all that hard work to find out how people are benefiting with no knowledge of the supply chain driving around in their electric vehicles believing they are morally superior while children literally work themselves to death for raw minerals.
1
satsminded · 32w
What resources are you providing? Mining equipment and knowledge? They way it usually works is your team owns and operates the mine, possibly hiring a few locals, and that's about it except for some money flowing into the economy via food and housing purchases. Maybe I'm missing something but d...