From Germany to Portugal: Julia’s Inspiring Journey of Hard Work and Dedication

• Julia is originally from Germany, but moved to Portugal when she was 19.
• She has built a strong local community in Portugal, including a Bitcoin meetup, and operates a homestead that feeds her family.
• Julia talks about the similarities between Bitcoin and homesteading, such as the high upfront investment and low time preference needed to understand and work on either.

Julia is an impressive woman with a unique story. Originally from Germany, she made the bold move to Portugal when she was just 19-years-old. She found a job and eventually settled in the country, with her parents and brothers joining her shortly thereafter. It’s been 15 years since she’s been back to Germany and Portugal is now her home.

Julia has become an integral part of the local community in Portugal, attending and hosting events and gatherings. One of the most notable events is the Bitcoin meetup, which she helped to organize to bring together like-minded individuals who are interested in the cryptocurrency. Julia is passionate about the similarities between Bitcoin and homesteading, both of which require a high upfront investment and low time preference in order to be successful.

In addition to her involvement in the local community, Julia also operates a homestead on her property in Portugal. This homestead provides food for her family and animals, and is the result of a lot of hard work and dedication. From the soil to the crops and animals, Julia is constantly learning and adapting in order to make sure the homestead is running smoothly.

Overall, Julia is an inspiring individual who shows that dedication, hard work, and a willingness to learn can lead to success. She has embraced the Portuguese culture and made it her own. Her involvement in the local community and her dedication to homesteading is a testament to her hard work and determination. Julia’s story is one of hope and perseverance and is an example of what one can achieve if they are willing to put in the effort.

Win 2.1 BTC in Fedi’s Bitcoin Hackathon – Create Revolutionary Apps!

• Fedi is launching a Bitcoin hackathon with a 2.1 BTC prize in celebration of Bitcoin’s 14th birthday
• Developers are encouraged to build a Fedimint module that will bring real world benefits to users
• Fedimint is an open source custody platform that allows users to not only store their bitcoin, but also extend the functionality of their bitcoin with privacy, smart contracts, and more

Fedi, a technology company focused on building a Fedimint-based community custody platform, is celebrating Bitcoin’s 14th birthday in a big way by launching a Bitcoin hackathon with a prize of 2.1 BTC up for grabs. The hackathon is open-ended, so developers can create the functionality they want, but they will be incentivized to build something that will have the most impact. Some potential modules that could be created include allowing for a communal savings pool to accumulate bitcoin for large projects, storing value in a local currency like dollars, and receiving payments privately via static QR codes or links.

Fedimint is an open source custody platform that allows users to store their bitcoin and extend its functionality with privacy, smart contracts, and more. It is based on the concept of second-party custody, which involves trusting family members or friends with the custody of one’s bitcoin in a way that improves the trust and security models inherent in classic centralized third-party custody solutions. Utilizing Federated Chaumian Ecash, users also gain privacy. Fedimint wallets are designed to bring strong privacy to Bitcoin users with better security than third-party custody setups and more ease of use than fully-fledged self-custody solutions.

With the launch of this hackathon, Fedi is hoping to encourage developers to create innovative modules that can bring a wide range of benefits to Bitcoin users. This could include creating modules that would enable a communal savings pool, storing value in a local currency, receiving payments privately, or operating a communal vote based spending pool. The possibilities are endless, and it is up to developers to create something that can truly make a difference.

Obi Nwosu, Fedi CEO, expressed his excitement for the hackathon in a statement, saying “At Fedi, we believe that Fedimint will become the ideal open platform for the delivery of consensus-based applications on the internet. Bitcoin was created to push the boundaries of what’s possible on the web, and we’re excited to see what developers will create with the Fedimint platform.”

The hackathon is open to anyone, regardless of experience or skill level. Fedi is hoping to see submissions from developers all over the world, as they believe that there are no limits to the amount of innovation that can come from this event. The winner of the hackathon will receive the 2.1 BTC prize as well as the recognition for having created something truly revolutionary. So if you think you have what it takes to create the next big Fedimint module, make sure to enter the Bitcoin hackathon from Fedi and show the world your skills.

Secure Your Bitcoin Funds with the Kiboruto Backup

1. This guide demonstrates how to set up a fresh Samourai Wallet on Android and secure the seed phrase in a robust, stainless-steel backup called the Kiboruto.
2. It is important to secure the three key pieces of information when taking self custody of bitcoin: seed words, passphrase, and xpub.
3. The Kiboruto is tailor made for Samourai Wallet and provides a secure way to store backup information.

If you have taken self custody of your bitcoin, it is important to make sure your funds are secure from environmental hazards like fire and flood. Writing down your backup information in a notebook is a good start, but at some point, you may find that this no longer feels secure enough. To help protect your funds, a stainless-steel backup called the Kiboruto has been tailor made for Samourai Wallet. The Kiboruto helps you secure three key pieces of information: your seed words, passphrase, and xpub.

When setting up Samourai Wallet, you will be given a list of 12 words known as your “seed words,” sometimes also referred to as your “seed phrase” or “mnemonic phrase.” It is important to remember that these seed words must always be saved in the same order that your wallet presents them to you. If you get even one word in the wrong order, it could render your bitcoin backup useless. The passphrase is an optional extra layer of security for your wallet and it is recommended that you set one up. Lastly, the xpub is an extended public key which is used to generate new bitcoin addresses when receiving or sending bitcoin.

The Kiboruto is a great way to securely store your seed words, passphrase, and xpub. It is made of stainless steel and is resistant to fire, water, and other environmental hazards. The Kiboruto comes with two sides – one side for the seed words and the other side for the passphrase and xpub. It also comes with a set of instructions that will guide you through the whole set up process.

In conclusion, the Kiboruto is a great way to securely store your bitcoin backup information. By taking the radical responsibility of self custody over your bitcoin, you and you alone are responsible for those funds. Therefore, it is important to take every precaution in protecting your funds, and the Kiboruto is an excellent way to do just that.

Real Bitcoin Flourishing Despite Attacks: The Promise of a Decentralized Future

• In 2020, Obi Nwosu predicted that Bitcoin would face attacks during the 2018 to 2023 period but would ultimately be successful.
• The Celsius bankruptcy was the first sign that the Bitcoin ecosystem was not healthy, and many exchanges like Coinfloor were too dedicated to regulated Bitcoin land.
• Real Bitcoin is flourishing in the Global South and post-Soviet regions due to new versions of frontier towns, renewable energy, Bitcoin mining, and internet connectivity.

The past few years have been a rollercoaster for Bitcoin, with highs of innovation and adoption followed by lows of speculation and regulation. In 2020, Obi Nwosu, CEO of Fedi and a board member for ₿trust, predicted that Bitcoin would face a series of attacks during the 2018 to 2023 period but would ultimately emerge successful by the end of it. This prediction has been tested many times throughout the past few years, and the events of 2021 have highlighted the diverging realities of Bitcoin: “real” Bitcoin and “regulated” Bitcoin.

The Celsius bankruptcy in July of 2021 was the first sign that the Bitcoin ecosystem was not healthy. In order to understand why this event was so concerning, it is important to remember that Bitcoin was designed to provide monetary freedom and decentralization, and the fact that it was being used to mirror the centralized financial system did not match this vision.

This divergence was further highlighted by the collapse of FTX and the regulatory fallout that followed. Exchanges like Coinfloor were too dedicated to regulated Bitcoin land, and the losses incurred by many innocent people were a painful reminder of this.

On the other hand, real Bitcoin is flourishing in the Global South and post-Soviet regions. Innovations such as new versions of frontier towns, renewable energy, Bitcoin mining, and internet connectivity are addressing the narrative that Bitcoin has no good use cases. This is providing people with access to monetary freedom and creating a new wave of adoption.

Ultimately, the 2018 to 2023 period has been a challenging time for Bitcoin, but it has also shown the potential of real Bitcoin and the promise of a more decentralized future. As Obi Nwosu predicted, Bitcoin will ultimately emerge successful, and the events of the past few years have made this even more likely.

Bitcoin Revolution: Global South Leads the Way in Adoption in 2023

1. Bitcoin had a defining year in 2022, and the global South will continue to lead the way in Bitcoin adoption.
2. The divide between Bitcoin and other currencies will continue to grow, as it offers a cheaper and more efficient solution for people to send money back home and preserve their wealth.
3. The Built With Bitcoin Foundation has opened the Bitcoin Technology Center in Kumasi, Ghana, which will provide education to 400 people in its first year.

Bitcoin has had a defining year in 2022, and as we look ahead to 2023, the prospects for the cryptocurrency remain incredibly promising. One clear indication of this is the fact that Bitcoin adoption is continuing to be led by the global South, particularly in Africa. This is due to the fact that the cryptocurrency offers a cheaper and more efficient solution for people to send money back home and preserve their wealth, creating a divide between Bitcoin and other currencies that is only likely to grow in the coming year.

To aid its adoption in Africa, the Built With Bitcoin Foundation recently opened the Bitcoin Technology Center (BTC) in Kumasi, Ghana. This learning and training center is expected to provide education to 400 people in its first year, making it a legacy for the continent and a symbol of hope for the future.

The fact that Bitcoin is continuing to be used in great numbers in the global South is indicative of its real-life use cases, which are helping to include billions of people into the global economy. This is why it is our responsibility to educate people and governments about the cryptocurrency, in order to show them why it is so essential.

As we look ahead to 2023, it is clear that Bitcoin is starting to cut the dead weight of speculation and is being taken seriously by more and more people. We are at a turning point, and it is now up to us to onboard the next billion Bitcoiners and show the world why it is such a revolutionary and powerful currency. This is why the Built With Bitcoin Foundation is working hard to create educational centers and initiatives to ensure that everyone can benefit from it. As we move into the new year, let us all continue to strive to make Bitcoin more accessible, secure, and decentralized, so that it can truly revolutionize the global economy.

Russia Set to Legalize Trade in Cryptocurrency, Imports Allowed

• Russia’s Congressional finance committee chairman, Anatoly Aksakov, announced that the country is moving to legalize international trade in cryptocurrency within the next month.
• Aksakov highlighted that although Russia is taking steps to allow bitcoin and cryptocurrency payments for imports, there are no plans to encourage similar usage of the burgeoning assets within the boundaries of the nation’s territory.
• Russia laid out a roadmap for bitcoin regulation in January 2022, and the Ministry of Finance submitted a proposal in the following month.

The Russian government is poised to greenlight the use of cryptocurrency for international trade within the next month, according to the country’s Congressional finance committee chairman, Anatoly Aksakov. Speaking to the national news agency TASS, Aksakov noted that while the use of cryptocurrencies would be allowed for imports, the Russian government has no plans to encourage similar usage of the nascent asset within Russia’s borders.

The announcement follows an intense package of Western sanctions deployed in the wake of the nation’s invasion of Ukraine. In January 2022, the Ministry of Finance proposed a roadmap for bitcoin regulation, and one month later, Russia said it was open to selling natural gas for bitcoin.

The news was welcomed by the chairman of the country’s Congressional energy committee, Pavel Zavalny, who stated that “there can be a variety of currencies, and that’s a standard practice. If they want bitcoin, we will trade in bitcoin.”

Russia has been taking steps to implement a bitcoin infrastructure and promote its use in international trade. In 2020, the country launched a number of initiatives, including the launch of a blockchain-based platform to facilitate the sale of digital assets, and the establishment of a blockchain-based authentication system for digital payments.

Despite the progress made in the area of cryptocurrency regulation, the Russian government has yet to set up a clear regulatory framework for the use of digital assets. The existing laws do not provide clear guidance on the taxation of cryptocurrency, and the government has yet to clarify its stance on the legality of digital currencies.

The move to legalize international trade in cryptocurrency is an important step in Russia’s efforts to become a major player in the global digital economy. By allowing businesses to use digital assets for international trade, the country is hoping to become a hub for cryptocurrency-based transactions.

Meanwhile, the Russian government is also looking to ensure that the use of digital currencies is regulated in a way that protects users from fraud and money laundering. The government has already proposed changes to its anti-money laundering laws, which would require digital currency exchanges to store customer data and report suspicious transactions.

As Russia continues to move towards legalizing the use of digital assets, it remains to be seen how the country will manage to tackle the many challenges that come with the new technology. Nevertheless, the news that the country is taking steps to allow cryptocurrency payments for imports is a positive step forward for the digital economy in the region.