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John Dennehy
jdennehy@nostrplebs.com
npub1gaxa...985l
founder of My First Bitcoin / Based in El Salvador since 2021, moving to New York early 2026 / independent open-source Bitcoin education will change the world
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John Dennehy 1 year ago
'We need to create a robust, decentralized, global network of Bitcoin educators and defend their independence at all costs' It was an honor to represent @My First Bitcoin at the 2024 Grassroots Summit in Nashville, organized by @HRF at @Bitcoin Park image
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John Dennehy 1 year ago
I took this photo three years ago today: an anti-bitcoin mob destroyed a Bitcoin ATM downtown before setting it on fire Sept 15th is independence day in El Salvador. In 2021 this was 8 days after Bitcoin became legal tender and there was plenty of local opposition. I spent all day with a couple of thousand people--to this day the largest protest I have seen in El Salvador. They spray painted walls, blocked traffic and chanted slogans. Finally, once downtown, the crowd destroyed and burned one of the new Bitcoin ATMs I was still pretty new to the country and still trying to understand how people felt about Bitcoin to discover the best approach for @My First Bitcoin The broad conclusion was that almost no one opposed to Bitcoin actually knew anything about it I can't imagine this happening today. There is so much farther to go, but we've already come a long way image
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John Dennehy 1 year ago
23 years ago, the world changed. My world changed. I was away starting my second year at university, but grew up in New York and just two weeks prior was at an internship close enough to the World Trade Center that I ate lunch in the plaza at its base some days. My father still worked in the neighborhood. My uncle, a police officer, was in the towers helping people evacuate that morning--though I didn't know that on Sept 11th. They were both okay, though I didn't know that on Sept 11th either. The phones networks were all down for hours after the attacks. They were overloaded and crashed, though I didn't know that reason at the time either. The only thing I did know that day, for the first time in my young life, was that there was something terribly wrong with the world. I woke up a typical, oblivious 19 year old and when I did go to sleep--the next day--I was a changed person. I was an activist. The first steps were identifying the problem--the concentration of power with too few, leaving too many to feel disenfranchised and disempowered, which is a recipe for a dark future. Within days of the attack I had, along with friends, formed an activist organization. We started to organize teach-ins and protests. I was drawn to movements that didn't ask permission, and thus started a multi-year journey of arrests and state intimidation. You're not really free, that's an illusion. You're free so long as you don't challenge the status quo--and asking for permission to protest does NOT challenge the status quo. The first arrest--of 14--was at an IMF protest a few months later. Some things have changed a lot in the 23 years since, but that same core problem still exists, nay has gotten worse: we do not control our own future. The one thing that has changed for me is I'm no longer trying to slow the bad, but rather am now trying to speed the good. Three years ago I founded @MyfirstBitcoin_ and moved to El Salvador. One year ago my first son was born. Today, I'm as confident as ever that we can create something better. image
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John Dennehy 1 year ago
Three years ago, on Sept 7, 2021, I woke up in San Salvador. Bitcoin would become legal tender in El Salvador that day, becoming the first nation in the world to do so I was a journalist so I woke up before dawn, traveled around the city taking photos, getting quotes and filed my first story by 9:00am from a protest downtown--for Al Jazeera and soon after for BBC The law had some opposition, this was months before the gang crackdown, and heavily armed military guarded the brand new Bitcoin ATMs It would be the last time I would ever work as a journalist. I would soon be too invested in the success of Bitcoin (education) in El Salvador that I decided that I could no longer be impartial and therefore should no longer be a journalist That evening I celebrated in Bitcoin Beach I remember September 7, 2021 like it was yesterday. It's incredible to think of how much has changed since then There is a long way to go, but the progress already made is inspiring Happy birthday #BitcoinCountry! 🎉🎉🎉 image
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John Dennehy 1 year ago
I've been using Nostr more lately it's a significant upgrade from early 2023 when I first signed up, there is still some lag, but the progress is clear I'm here for two reasons: first, censorship resistance and I'm more specificly on Nostr due to social proof plenty of people whose intelect and opinions I trust are on here it's striking to me that nearly everyone I know seeking decentralized social media are going to Nostr and almost zero going anywhere else. why is that? is it mostly the later--choosing Nostr because others before you did? or is it mostly the former--chosing Nostr because it has better censorship resistance compared to other decentralized social media? Third option is just because Nostr has embraced Bitcoin more and my social circle is mostly bitcoiners. curious about how Nostr came to dominate my social circle. why did you join Nostr and not a different alternative? social proof? better censorship resistance? zaps and other cool features? other?
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John Dennehy 1 year ago
It's been a busy week, let's recap @My First Bitcoin announced they were low of funds in the short term and asked the community to help fund the next two months, after which some grants will come in. As part of this Call To Action, the organization shared detailed breakdowns of both income and expenses and called on other bitcoin education projects to do the same The community responded! There was a surge of donations and community support and in just a few days we reduced our needed 'bridge' in half. Our two month deficit has been reduced to one month. We still need your support NOW, but we are making solid progress--thanks to you! There were also two announcements about conferences and in the spirit of financial transparency let's look at each from that angle In a few weeks I'll be speaking at Learning Bitcoin. The conference itself will pay travel expenses, I'll stay in a spare room of the conference founder/ organizer, and the trip will cost My Firsts Bitcoin nothing. Quick plug here: this is an education focused bitcoin conference, super high-signal and exactly the sort of thing we want to support--you should too We also announced ticket sales for the 4th edition of the Bitcoin Educators Unconference, hosted in El Salvador on Nov 14th. This is a non-commercial event and will never allow sponsors, so we try to keep costs as low as possible and recoup costs from ticket sales only. We expect to break-even, though if you count salaries of paid staff that help organize then this would likely lose money, still we consider this a worthy cost as its a massive boast to the international movement of community-led, front-line independent bitcoin educators #RadicalTransparency #WorkingInPublic image
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John Dennehy 1 year ago
San Salvador volcano right now....as seen from my backyard #BitcoinCountry #ElSalvador image
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John Dennehy 1 year ago
I'm passing along all the various zaps I've received recently to the Mi Primer Bitcoin campaign on Geyser sent over 100k yesterday and another 10k just now thank you! image
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John Dennehy 1 year ago
My First Bitcoin needs your help We are in danger of running out of funding before some longer-term funding kicks in at the end of the year. If nothing changes, we will run out of money in September. How did we get here? Well, in order to remain independent, we leave A LOT of money on the table But for this post I want to give greater transparency into our expenses With time we will make financial transparency part of our official SOP and publish everything on our website, but in the meantime, some context Expenses are varied—we rent a house which we converted into school, we develop various open-source curriculum, we give sats to students as part of classes, we host 50+ meetups per year, we are building a Learning Management System (LMS) that anyone will be able to use, and lots of other expenses but I want to focus on payroll, which is our largest single expense We have 20+ paid staff in addition to project-based contract work we hire for on an as-needed basis. Teachers are the largest and most obvious group, but this number includes some less visible roles as well. We pay developers & designers to build out infrastructure to help independent educators across the world. We pay lawyers, accountants and auditors to help us be compliant in multiple jurisdictions. We pay creators of open-source curriculum, lesson plans and activities. This staff is the backbone of an emerging global movement. The commonality among them all—they are all underpaid. Not only did every current staff begin as a volunteer, many of them have quit much higher paying jobs to work here—often earning less than half of what they made in their previous job. Our payroll is about $24,000 per month We need your help to maintain and make it to the end of the year, when some new longer-term and more sustainable funding will kick in. if you do want to donate, visit our campaign on @Geyser
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John Dennehy 1 year ago
Since moving to El Salvador I've picked up a new hobby: creating self-sustaining aquatic ecosystems I recently added a baby turtle and he seems to be getting along with the existing 🐢 image
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John Dennehy 1 year ago
Lessons from my 1 year old son: You are capable of more than you realize. He needs support to stand, something like a hand on a wall or chair. Or, better stated, he thinks he does. When he is distracted and focused on something else and not worried about falling he can stand on his own just fine.
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John Dennehy 1 year ago
Today is @My First Bitcoin's birthday! Three years ago today the website was registered, marking the first public record of the organization I am overwhelmed at the success of the project in three short years--much of which was spent building in a bear market. In three short years this project has taught tens of thousands of students, open-sourced education materials and processes, and inspired front-line bitcoin educators in 25+ countries around the world who have joined a self-governing decentralized network of independent education 'nodes' All of this has been accomplished without compromising values nor taking money with strings attached--mostly being grassroots funded with underpaid or volunteer staff And we are just getting started. We are pioneering a proof-of-concept that another way is possible. Independent bitcoin education is the means, the end is a re-imagined future Happy Birthday!!! image
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John Dennehy 1 year ago
4 days to go.... 150 max people high-signal, intimate, inspiring Get your ticket today! image