Over the past few weeks we have seen so much news, debates, and debates about the value of Bitcoin. In this article I am not talking about on-chain news or technical analysis views anymore.
In this post, I talk about the “humanitarian value” of using Bitcoin.
That's right, it's "Humanitarian values"
Those of you who follow the market news regularly know that the biggest Bitcoin event ever held in Miami (June 4-5). Top investors and developers in the crypto space shared a lot of interesting things during this event.
One of those great shares is what I want to introduce to everyone in this post.
“BITCOIN CAN HELP BILLIONS OF PEOPLE”
This is sharing from Elizabeth Stark, CEO of Lightning Labs and Lyn Alden, a macroeconomic researcher that Bitcoin is useful for billions of people, not just billionaires (store of value).
“People can use bitcoin to send value globally, instantly and with virtually no fees,” “With Lightning, you can send a fraction of a coin.”,
Elizabeth Stark
Bitcoin can be useful in low-income communities (a trial of bitcoin usage over the Lightning network in El Salvador). In particular, she said there are currently nearly 6 billion people living in places without stable currencies and easy access to financial services. Many people may need to go an hour or more if they want a bank transfer.
Lyn Alden agree with this, "Bitcoin shows some cases using humane and least impact on emerging markets."
Well, you also know that being a use increases the value of Bitcoin, the network and this asset class even more. Therefore, if the application of Bitcoin also has "humanitarian value", it will change the perception of many people about the value of Bitcoin (not just money).
You can see more in the video:
To conclude, I listed below for this week's events you might be interested
- June 11 - June 12: Blockchain Fest 2021 is Europe's largest B2B event lasting 2 days on Blockchain, Exchanges, Cryptocurrencies, Decentralized Finance (DeFi), Mining, Online Payments and Investment.
And notable news comes from the project:
- 07/06: VeChain Hard Fork
- Jun 08: TomoChain updates Tomobridge
- 09/06: Ethereum Ropsten Testnet Hard Fork
- 01/06: Callisto Network: Cold Staking v.2.0 Hard Fork
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In Nigeria, the types of transaction that Bitcoin will take 2hours for, it’ll take one week
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It's hard to imagine for me 😂😂😂
Hope your country will be able to transaction like Lightning network.
Thank you for your interest in this post of mine 💚
Fully Upvoted and selected for our 8th Leofinance 🐯 Curation Digest !.
Congrats !
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My happiness.
I finally wrote something of value 😂
Thanks very much!
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