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Jeremy Chiang
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All zaps go to Bitcoin education
Tomorrow, I will be teaching Chapter 6 of the @My First Bitcoin Diploma Program to a small group of secondary students in Hong Kong. I'm really looking forward to discussing Bitcoin's prehistory... Understanding that Bitcoin is the result of 40 years of research, development and demand, was one of the key aspects that helped me differentiate it from "fake magic internet money". @Gigi image
Capitalism x Decentralization Capitalism allows individuals to own and control property, while decentralization can empower local entities to make decisions. It's interesting to think how the characteristics of capitalism that nurture competition and entrepreneurial spirit have played a role in the emergence of decentralized systems like Bitcoin and Nostr.
One of my favourite pickups from the Bitcoin Conference Asia. The Hong Kong Hodler 🧡 image
Been listening to a lot of @preston lately and one of my takeaways is: Our current economic landscape is far from resembling free and open markets. Whenever a slight crack appears within the financial system, Central Banks swiftly intervene to avert a complete collapse (most recently Silicon Valley Bank). This degree of intervention shows how heavily manipulated the markets are and its inability to self-correct. Troubled actors like banks who misallocate capital and businesses who take on excessive risk are shielded from failure, so instead of addressing the underlying issues, we often resort to short-term solutions, perpetuating a cycle of delayed consequences. This recurring behavior has led to excessive levels of debt, the endorsement of risky and unsustainable practices, and the distortion of the natural flow of capital that should seek out the most valuable opportunities.
When money fails to act as a reliable store of value, people seek alternative assets like real estate and equities. This is because they are searching for options that can better preserve their wealth compared to traditional currencies. As a result, we witnessed a significant increase in equity markets and a remarkable surge in global real estate prices. Unlike fiat currencies, which gradually lose purchasing power over time due to inflation, these assets are perceived as more likely to maintain or even increase their value.
“Everything is downstream of money” This quote from Seb Bunney has been living rent free in my head for months…
Feeling invigorated after Bitcoin Asia. Bitcoiners are a different type of people and it’s refreshing to have such amazing in-person conversations.
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Jeremy Chiang 2 years ago
You know your overly excited for #nostrasia when you see a gelato sign and all you can think about is #nostr 😂 image
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Jeremy Chiang 2 years ago
There’s nothing like an early morning workout after a Bitcoin Conference 🤔 image
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Jeremy Chiang 2 years ago
“Bitcoin and Nostr are symbiotic” @jack Get your Nostr shirt from LNbits.com
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Jeremy Chiang 2 years ago
Another Bitcoin 101 masterclass from @Anita Bitcoin for Fairness is one of the best non-profits demonstrating how Bitcoin is empowering developing countries. image
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Jeremy Chiang 2 years ago
Bitcoin is changing the world and it's an honour to see it happening in real time. I'm thrilled to have been selected for the 5th @Geyser Grant for Education in Bitcoin Communities and it's a privilege to get to share Bitcoin with my students. I discovered Bitcoin by accident. I'm fortunate that I did not seek out Bitcoin because of life-threatening circumstances, but it's had such a profound impact on my life, changing my perspective on the world and forcing me to think more critically. One of the most significant shifts I experienced was a gradual decrease in selfishness. I'm less concerned about the potential financial gains and more driven by the importance of empowering individuals and building communities. This realization brought me to the Bitcoin community where I have encountered such kind-hearted, passionate, and loving people who will stop at nothing to make the world a better place. The energy from the Bitcoin community is infectious, it lights this fire inside of you to wake up every morning with a mission to help others. If we fix the money, we fix the world. @Alekandar Svetski wrote, "When the individual changes their behavior for the better, the world changes for the better." Bitcoin has undoubtedly changed my behaviour and I hope to contribute to a better world. I would like to congratulate all of the other Geyser Grant applicants and winners for their efforts to spread Bitcoin to their communities, and a special shoutout to my partners at @My First Bitcoin for pioneering community-led Bitcoin education around the world. Thank you to the judges @Anita @Joe Nakamoto @Abubakar Nur Khalil @Lucas Ferreira 🇧🇷⚡️ @Brad Mills @Daniel Prince @Andrew Barnwright @Arsh Molu, to Blink BTC for sponsoring this grant, and to @metamick and @Stelios for making this all possible. Finally, actions speak louder than words, so I'm personally donating another 250,000 sats to our project so we can continue to build a brighter and more prosperous future. Check out our project on Geyser!