Archives: January 2023

Julia’s Journey: From Germany to Portugal and Beyond!

• Julia moved to Portugal from Germany when she was 19 and eventually settled there, bringing her family with her.
• Julia has built a local community and Bitcoin meetup in her area, emphasizing the importance of high upfront investment and low time preference.
• Julia runs a homestead that feeds her family, which has taught her the value of hard work and resilience.

Julia is originally from Germany, but has now made a home in Southern Portugal. Fifteen years ago, when she was 19, Julia decided to follow a whim and traveled to Portugal for a three-month job. Little did she know that this would be the start of a new life for her. She soon found a full-time job and decided to settle in Portugal, bringing her parents and siblings with her.

Since then, Julia has been working hard to build a strong community in her area. She has set up a Bitcoin meetup, and emphasizes the importance of high upfront investment and low time preference. Through her work, Julia has come to understand that hard work and resilience are key in creating and sustaining a successful life.

In addition to her work in the local community, Julia has a homestead that feeds her family. She has put in the time and effort to make this a reality, and has embraced the values of hard work and resilience as she continues to grow her homestead.

Julia’s story is a testament to the value of following your dreams and working hard to make them a reality. Her work in the local community and on her homestead have taught her that with dedication and resilience, anything is possible.

Celebrate Bitcoin’s 14th Birthday with Fedi’s 2.1 BTC Hackathon

• Fedi, a technology company, is launching a Bitcoin hackathon with a 2.1 BTC prize to celebrate Bitcoin’s 14th birthday.
• Developers are encouraged to build a Fedimint module that would bring real world benefits to users. Ideas include communal savings pools, storing value in local currencies, private payments, and more.
• Fedimint is an open source custody platform that uses second-party custody and Federated Chaumian Ecash for improved trust, security, and privacy.

Fedi, a technology company, is celebrating the 14th birthday of Bitcoin with a special hackathon. The winner of the hackathon will receive a grand prize of 2.1 BTC. The purpose of this hackathon is to encourage developers to take advantage of the Fedimint platform to create modules that benefit users in the real world.

Fedimint is an open source custody platform that is based on the concept of second-party custody. This means that users can trust family members or friends with the custody of their Bitcoin in a way that is more secure and trustworthy than traditional centralized third-party custody solutions. It also utilizes Federated Chaumian Ecash, which enhances the privacy of users. By leveraging this technology, users can store their Bitcoin with strong privacy, better security, and more ease of use than fully-fledged self-custody solutions.

The developers participating in the hackathon are free to code the functionality they desire, but they are incentivized to create modules that would drive the most impact. Some ideas that the company has shared include modules that enable communal savings pools to accumulate Bitcoin for a large project, store value in a local currency like dollars, receive payments privately via static QR codes or links, and operate a communal vote-based spending pool.

Fedi hopes that this hackathon will encourage developers to take advantage of the Fedimint platform to build out modules that bring real world benefits to users. The company believes that Fedimint is the ideal open platform for the delivery of consensus-based applications and that Bitcoin was created to bring financial sovereignty to the world. With the right modules, Fedi believes that this hackathon will help achieve these goals.

Bringing Bitcoin Knowledge and Financial Freedom to the Global South

– Anita Posch, the founder of Bitcoin For Fairness, traveled to Zimbabwe in early 2020 to confirm her assumption that Bitcoin is needed the most in the Global South.
– She found a nation in distress about money due to a kleptocratic ruling elite that had been defrauding and stealing from their people.
– In 2021, she created a project, Bitcoin For Fairness, with the help of sponsorships from LEDN, Okcoin, Paxful, Coinfinity, Breez and Trezor, and a crowdfunding campaign on Geyser, to bring Bitcoin knowledge to the Global South with a focus on fostering communities on the ground and connecting them infrastructure-wise and people-wise with the Bitcoin network.

In early 2020, Anita Posch, the founder of Bitcoin For Fairness, decided to take a trip to Zimbabwe to discover if her assumption that Bitcoin is needed the most in the Global South was true. Upon arriving, she quickly realized that the need for Bitcoin was far greater than expected, as the nation was in distress due to a kleptocratic ruling elite that had been defrauding and stealing from their people for decades. Despite their corruption and military support, the people of Zimbabwe were still struggling to make ends meet.

Anita set out to bring Bitcoin knowledge to the Global South with a focus on fostering communities on the ground and connecting them infrastructure-wise and people-wise with the Bitcoin network. She created a project called Bitcoin For Fairness and was able to get sponsorships from LEDN, Okcoin, Paxful, Coinfinity, Breez and Trezor. Additionally, she set up a crowdfunding campaign on Geyser, which received over 500 donations from Bitcoiners all over the world.

With the help of Brad Mills, Peter McCormack and Elizabeth Stark of Lightning Labs, Anita was able to build a team and get her project off the ground. She organized events, workshops and meetups to educate the people of Zimbabwe about Bitcoin, blockchain technology and the power of decentralization. She taught them about the benefits of using Bitcoin as a form of money, as well as how to HODL, trade and use Bitcoin for everyday purchases.

Anita also connected the Zimbabwean community to the global Bitcoin network, bringing in Bitcoiners from all over the world to help with the project. This has created a strong sense of community and support from the Bitcoiners in the Global South, which has allowed the people of Zimbabwe to access a financial system that is not controlled by their government.

Finally, Anita has been using her project to spread the message of Bitcoin to other countries in the Global South, and she has made it her mission to bring financial freedom to the unbanked and under-banked people all over the world. With the help of sponsors and donations, Anita is continuing to grow Bitcoin For Fairness and work towards her goal of providing financial freedom to those who are most in need.

Secure Your Bitcoin with Kiboruto: The Fire & Waterproof Seed Word Backup

• Samourai Wallet is a secure way to store Bitcoin, and the Kiboruto is a stainless-steel device that can be used to securely back up your seed words.
• When setting up Samourai Wallet, you will be given a list of 12 seed words which must be kept in the same order for the backup to work.
• Additionally, you will also need to set up a passphrase to add an additional layer of security.

In self custody of Bitcoin, it is important to take the necessary steps to ensure that your funds are secure and safe from environmental hazards, such as fire and flood. Storing your backup information in a notebook is a good start, but it may not be enough to keep your Bitcoin safe. That’s why it’s important to find a robust and secure way to store your seed words. The Kiboruto, a stainless-steel backup device, is tailor made for Samourai Wallet and is the perfect solution for securing your backup information.

When setting up Samourai Wallet, you will be given a list of 12 words known as your “seed words” or “mnemonic phrase”. These 12 seed words are a key piece of information that can be used to restore your Bitcoin wallet if it is lost, stolen or damaged. It is important to keep the seed words in the same order that your wallet presents them in, as any change in the order of the words could render the backup useless. Additionally, you will also need to set up a passphrase to add an additional layer of security.

The Kiboruto is a robust and secure way to store your seed words. The stainless-steel device is designed to be waterproof and fireproof, providing an extra level of protection for your seed words. It is easy to use and comes with detailed instructions on how to back up your seed words.

By using the Kiboruto, you can be sure that your Bitcoin wallet is secure and that your seed words are safely backed up. Taking the radical responsibility of self custody over your Bitcoin can be daunting, but with the Kiboruto, you can rest assured that your funds are safe and secure.