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Bitcoin is not just a price roller coaster that gives us palpitations. It is also a living ecosystem, a network of human projects that are active in the shade that offer alternatives of the system. Behind the orange logo and Japanese candlesticks they hide concrete events. And some may change their lives. Starting with this strong and symbolic gesture of the Human Rights Foundation, which has just issued 1 billion Satoshis to support Bitcoin’s projects.
HRF: A billion Satoshis to build freedom Bitcoin
Human Rights Foundation Foundation (HRF) with the help of $ 590,000 for 20 projects last year, announced at the beginning of April A new wave of subsidies through its Bitcoin Development Fund. 1 billion Satoshis or 10 BTC was divided between More than 20 projects Distributed to four corners of the world. The aim of this initiative, much more than a simple gift, is to strengthen the infrastructure of bitcoins, but above all to defend human rights, especially in areas where access to the Internet and financial services remains luxury.
Among the supported projects some are characterized by their Original and deeply human approach. This is the case Bitcoin childrenInitiative in Kenya, which combines the fight against malnutrition and financial education through BTC. Every week mothers receive scholarships in bitcoins and practical training to become autonomous.
Another bold example: Barriera project that Transform Wi-Fi routers into decentralized access providersThis makes it possible to bypass government censorship. Thanks to BTC and digital magic touch, citizens will find their voice online.
In the same spirit of the project Bitsacco modernizes traditional Kenyan financial teams Construction on fedimint and bitcoin. A way to restore economic power to local communities without going through banks.
Finally, notice BTCPAY serveran open source tool that allows tradersAccept BTC payments without third -party addiction. Volák against economic repression in many regions where NGOs are banned by conventional banking districts.
Is bitcoins in a process that has become a peace weapon oppressed in authoritarian regimes?
Bitcoin development fund: lever for useful and human crypt
Bitcoin Development Fund (BDF) HRF, which was launched in 2020, is not on the first attempt. From its creation, It distributed more than $ 7.8 million to $ 284 in 62 countries in BTC. Target? Support of initiatives that strengthen the confidentiality, financial sovereignty and the resistance of the bitcoin network.
BDF does not finance trading projects or speculation. He is interested in Social impact, education, availability and financial integration. The themes often forgot in the crypto of the universe, too often dominated by profit and hype.
This year the fund again supported projects such as:
- Vinteum, which consists of Bitcoin developers in Latin America;
- Core, educational program in Lightning Network in Kenya;
- Stable channels, solutions to reduce volatility BTC without changing the user’s sovereignty;
- Base58 Larp, playing a game on teaching to understand the bitcoin network;
- CASHU KVAC, update to strengthen transactions.
Should the development of bitcoins now go through militant financing rather than conventional capital?
HRF does not need banks. It accepts gifts of bitcoins, allowing it to directly redistribute these means without censorship or bureaucratic obstacles. This autonomy is also what it wants to offer to the populations it supports. The goal is clear: the next day without censorship, where everyone can regain control of their money, votes, their rights. And with Bitcoin as an ally, this dream seems to be a little more specific.
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Blockchain and crypto revolution! And the day when the impacts will be felt on the most vulnerable economy of this world, I would say against all the promises that I was there for something
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.