• BTC Dominance: %
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Bitcoin Is Breaking Barriers For Self-Sovereignty Across The Globe

Jon Hartney by Jon Hartney
July 8, 2022
in Bitcoin, Blockchain, Business, Market
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Bitcoin is financial technology that enables real progress for countries that traditionally suffered at the hands of the fiat system.

Related articles

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

This is an opinion editorial by Renata Rordigues, global community and education lead at Paxful.

Bitcoin is empowering millions across the world to become sovereign entrepreneurs. After visiting neighborhoods in Nigeria and Colombia, I found people taking power back into their own hands and charting their own journey toward financial freedom. What we’re seeing are communities removing borders and limitations and revolutionizing money without the need for a middleman or authority.

In Kenya, peer-to-peer (P2P) finance is driving the next wave of Bitcoin adoption. Just last year, the country had one of the highest rates of grassroots adoption across the world, alongside Nigeria, South Africa, and Tanzania. We’re seeing a country where Bitcoin works for the 100% — not the 1%. For people like Andrey, Bitcoin is life and a chance to experience a brighter financial future.

With a focus on Africa, we’ll also take a look at Paco as he travels through Africa using Bitcoin to educate and demonstrate its power.

Bitcoinforthe100 is a collection of stories and use cases that prove that Bitcoin is truly for the 100%. Below are the voices of people who are embracing Bitcoin for freedom and self-sovereignty outside of the confines of the traditional financial system.

Andrey Sikdelnikov: Nairobi, Kenya

Andrey has completely changed the way he handles his finances. He went from using the Kenyan shilling in his everyday life to now exclusively using bitcoin for everything. Regardless of barriers at hand, he leads the way with Bitcoin and he can’t wait for the rest of the world to follow.

Since not everywhere in Kenya (or the world) accepts bitcoin as a payment method, Andrey had to get creative with his solutions. When he is faced with a merchant that doesn’t take bitcoin, “I sell my bitcoin on Paxful and get the necessary amount in shillings to my phone and then pay my bill,” he shared. Since these transactions take less than two minutes to complete, Andrey doesn’t need to skip a beat. Instead of needing to make sure he has the correct amount in his bank account, he can make transactions on the fly without having to do anything beforehand.

Learn more about his story here.

Paco De La India: Indore, Madhya Pradesh, India

Inspired by the concept of time preference for humanity, Paco knew he wanted to do something to show how Bitcoin could empower the world with financial freedom. Combining his love of travel with his passion for Bitcoin, Paco knew he could merge these two worlds for a greater cause.

​​Paco has always been one to travel the world, so it was only fitting that he first learned about Bitcoin while visiting Germany. “In 2015, a crazy German guy in his shorts starts shouting in the hostel to buy bitcoin,” Paco told us. He didn’t think much of it at the time — chalking it up to being something he wasn’t interested in since he was focused on his travels.

Fast forward to 2021 — Paco decided that it was time to take the leap and get his start in Bitcoin. He picked up “The Bitcoin Standard: The Decentralized Alternative To Central Banking” by Dr. Saifedean Ammous and consumed all it had to offer. Paco was fascinated by the book and he took away so much more than Bitcoin — he learned about freedom and the concept of time-preference. “We should truly hold onto something that is not controlled by anyone,” he said.

Today, Paco has set out to visit 40 countries over a span of 400 days. The challenge? He’s only using bitcoin during his travels to educate and demonstrate its power.

Learn more about his story here.

This is a guest post by Renata Rodrigues. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

Read Entire Article
Tags: bitcoinMagzineCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Bitcoin derivatives data shows room for BTC price to move higher this week

by Jon Hartney
January 23, 2023
0

BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

by Jon Hartney
January 22, 2023
0

BTC could take a break from its sharp rally and if BTC price bounces off underlying support, APE, MANA, AAVE...

Genesis bankruptcy case scheduled for first hearing

by Jon Hartney
January 22, 2023
0

The first hearing in Genesis Capital's bankruptcy case will be held on January 23, according to court filings

Terra lending protocol Mars to launch mainnet

by Jon Hartney
January 22, 2023
0

The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during...

Central African Republic eyes legal framework for crypto adoption

by Jon Hartney
January 22, 2023
0

A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in

Load More
  • Trending
  • Comments
  • Latest

Ethereum Classic gets ‘endorsement’ from Vitalik Buterin, but ETC price still risks 50% crash

July 27, 2022

Critique on Helium’s $6.5K monthly revenue causes a stir

July 28, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022

Cardano Vasil hard fork hit with another delay for several weeks

July 29, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0

Crypto owners banned from working on US Government crypto policies

0

Korean startup Uprise lost $20M shorting LUNC

0

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

Genesis bankruptcy case scheduled for first hearing

January 22, 2023

Terra lending protocol Mars to launch mainnet

January 22, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Bitcoin derivatives data shows room for BTC price to move higher this week January 23, 2023
  • Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher January 22, 2023
  • Genesis bankruptcy case scheduled for first hearing January 22, 2023
  • Terra lending protocol Mars to launch mainnet January 22, 2023
  • Central African Republic eyes legal framework for crypto adoption January 22, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$22,958.00-1.07%
  • ethereumEthereum(ETH)$1,653.98-0.84%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.25%
  • binancecoinBNB(BNB)$328.10-1.26%
  • usd-coinUSD Coin(USDC)$1.000.25%
  • rippleXRP(XRP)$0.399263-0.97%
  • Binance USDBinance USD(BUSD)$1.000.01%
  • cardanoCardano(ADA)$0.394883-0.99%
  • dogecoinDogecoin(DOGE)$0.090268-2.27%
  • matic-networkPolygon(MATIC)$1.314.27%
  • OKBOKB(OKB)$44.44-0.98%
  • SolanaSolana(SOL)$23.21-1.90%
  • Lido Staked EtherLido Staked Ether(STETH)$1,651.10-0.53%
  • polkadotPolkadot(DOT)$6.75-2.08%
  • Shiba InuShiba Inu(SHIB)$0.000014-5.44%
  • litecoinLitecoin(LTC)$98.95-1.63%
  • AvalancheAvalanche(AVAX)$20.06-2.93%
  • tronTRON(TRX)$0.0670512.26%
  • UniswapUniswap(UNI)$6.80-2.53%
  • daiDai(DAI)$1.000.24%
  • cosmosCosmos Hub(ATOM)$15.051.32%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$22,991.00-0.76%
  • chainlinkChainlink(LINK)$7.11-0.87%
  • ToncoinToncoin(TON)$2.29-2.11%
  • ethereum-classicEthereum Classic(ETC)$22.60-2.24%
  • leo-tokenLEO Token(LEO)$3.370.27%
  • moneroMonero(XMR)$165.86-0.84%
  • bitcoin-cashBitcoin Cash(BCH)$131.44-3.10%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.09%
  • AptosAptos(APT)$15.11-5.24%
  • stellarStellar(XLM)$0.091172-0.71%
  • NEAR ProtocolNEAR Protocol(NEAR)$2.697.64%
  • ApeCoinApeCoin(APE)$5.77-3.04%
  • CronosCronos(CRO)$0.0840490.83%
  • algorandAlgorand(ALGO)$0.2901414.09%
  • filecoinFilecoin(FIL)$5.44-1.58%
  • Lido DAOLido DAO(LDO)$2.45-6.27%
  • QuantQuant(QNT)$139.27-1.73%
  • HederaHedera(HBAR)$0.0751340.32%
  • vechainVeChain(VET)$0.025792-0.28%
  • Internet ComputerInternet Computer(ICP)$5.69-3.20%
  • The GraphThe Graph(GRT)$0.177154-14.28%
  • The SandboxThe Sandbox(SAND)$0.85-4.76%
  • FantomFantom(FTM)$0.53-7.81%
  • decentralandDecentraland(MANA)$0.76-4.74%
  • Axie InfinityAxie Infinity(AXS)$12.013.87%
  • AaveAave(AAVE)$86.73-2.09%
  • eosEOS(EOS)$1.09-2.41%
  • FlowFlow(FLOW)$1.15-0.02%
  • MultiversXMultiversX(EGLD)$46.29-1.44%
  • theta-tokenTheta Network(THETA)$1.14-4.31%
  • tezosTezos(XTZ)$1.232.04%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000180-3.55%
  • FraxFrax(FRAX)$1.000.30%
  • paxos-standardPax Dollar(USDP)$1.000.45%
  • true-usdTrueUSD(TUSD)$1.000.15%
  • huobi-tokenHuobi(HT)$5.39-2.70%
  • Frax ShareFrax Share(FXS)$11.59-8.87%
  • kucoin-sharesKuCoin(KCS)$8.710.12%
  • Curve DAOCurve DAO(CRV)$1.134.03%
  • ChilizChiliz(CHZ)$0.158244-1.68%
  • havvenSynthetix Network(SNX)$2.66-8.83%
  • bitcoin-cash-svBitcoin SV(BSV)$42.70-1.61%
  • ImmutableXImmutableX(IMX)$1.01-4.60%
  • Rocket PoolRocket Pool(RPL)$40.52-4.80%
  • PancakeSwapPancakeSwap(CAKE)$4.672.15%
  • eCasheCash(XEC)$0.000038-0.03%
  • USDDUSDD(USDD)$0.990.10%
  • dashDash(DASH)$64.25-1.49%
  • BitTorrentBitTorrent(BTT)$0.0000010.11%
  • makerMaker(MKR)$788.870.57%
  • BitDAOBitDAO(BIT)$0.601.12%
  • Mina ProtocolMina Protocol(MINA)$0.82-4.83%
  • iotaIOTA(MIOTA)$0.244899-1.66%
  • KlaytnKlaytn(KLAY)$0.209435-1.46%
  • GateGate(GT)$4.440.17%
  • neoNEO(NEO)$9.151.26%
  • Trust WalletTrust Wallet(TWT)$1.55-3.93%
  • OptimismOptimism(OP)$2.74-8.70%
  • ArweaveArweave(AR)$11.76-6.85%
  • OKCOKC(OKT)$32.862.74%
  • OsmosisOsmosis(OSMO)$1.111.86%
  • zcashZcash(ZEC)$45.37-3.14%
  • cUSDCcUSDC(CUSDC)$0.0227720.37%
  • gemini-dollarGemini Dollar(GUSD)$1.000.14%
  • singularitynetSingularityNET(AGIX)$0.475237-14.25%
  • GMXGMX(GMX)$67.38-6.02%
  • THORChainTHORChain(RUNE)$1.89-1.80%
  • cDAIcDAI(CDAI)$0.0221680.22%
  • Baby Doge CoinBaby Doge Coin(BABYDOGE)$0.0000005.09%
  • Tokenize XchangeTokenize Xchange(TKX)$6.801.18%
  • RenderRender(RNDR)$1.73-20.10%
  • RadixRadix(XRD)$0.050276-0.06%
  • enjincoinEnjin Coin(ENJ)$0.50-1.22%
  • PAX GoldPAX Gold(PAXG)$1,863.740.13%
  • zilliqaZilliqa(ZIL)$0.030690-0.42%
  • Fetch.aiFetch.ai(FET)$0.471775-9.68%
  • Convex FinanceConvex Finance(CVX)$6.39-3.80%
  • cETHcETH(CETH)$33.21-1.10%