⚡️𝗚𝗛 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗡𝗬𝗧𝗭⚡️🇬🇭 >>🅹🆄🅻🆈. 28. 23

🔰 Uniting two powerful forces: #Bitcoin & Creative Arts

— Access to an environment of empowerment and collaboration for both communities.  #GHBitcoinNytz supported by @Machankura8333

🔶Gᴇᴛᴛɪɴɢ Sᴛᴀʀᴛᴇᴅ #GHBitcoinNytz

Experiencing a new way to network and engage with like-minded people, enabling peer to peer transactions via #Bitcoin Lightning Network.

⚡️🅵🅾🆁🅼>>  https://forms.gle/ro7j23ThewJCe7ZU8 #GHBitcoinNytz

Hᴏᴡ Iᴛ Wᴏʀᴋs!

Earn, Save & Spend #Bitcoin doing what you love.  #GHBitcoinNytz

 Join us in creating a #Bitcoin sociocultural activity aimed at mass adoption and a catalyst in helping build an effective creative industry using #bitcoin

First edition was hosted in May under the name #AccraBitcoinNytz now upgraded to #GHBitcoinNytz with higher turn out expectation and an all round #bitcoin experience.
⚡️𝗚𝗛 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗡𝗬𝗧𝗭⚡️🇬🇭 >>🅹🆄🅻🆈. 28. 23
📍 https://goo.gl/maps/ANtGAyGDzQhTC698A

You can read the unrolled version of this thread here: https://typefully.com/CowriesKumi/AqQAYWh

#GHBitcoinNytz: Uniting #Bitcoin and Creative Arts

Attending the NEIP's Innovation and Entrepreneurship Symposium & Showcase to talk about #Bitcoin was a truly humbling experience.

Being able to introduce #Bitcoin to industry professionals during their informative presentations and engaging workshops was incredibly rewarding.

I served as a resource person for entrepreneurs and investors looking to exchange ideas and seek assistance on launching or expanding enterprises with #BItcoin.

My highlight was persuading company owners to use @Blinkbtc Wallets to accept payments and developing ties in order to further engage in talks about how small businesses might embrace #Bitcoin.

#Bitcoin at NEIP's Symposium: A Humbling Experience

Feeling uplifted and empowered are just two words that come to mind in describing the second session of @Trezor Academy’s series of #Bitcoin education in #Ghana. #TrezorAcademy cc @BitcoinCowries

Following an intense training about #Bitcoin, participants left understanding more than ever what bitcoin can do for them. It was truly an inspiring experience! #TrezorAcademy cc @Trezor @BitcoinCowries

The goal for “session 2” was to provide attendees with an in depth understanding of #Bitcoin “custodial wallets”, “noncustodial wallet” and “Self-custody” #TrezorAcademy cc @BitcoinCowries

@Trezor Academy’s mission is almost been accomplished with only one session to-go.  #TrezorAcademy  cc @BitcoinCowries

Participants of all 3 sessions are winning a Free @Trezor “Model One hardware wallet” The choice for both #Bitcoin newcomers and security experts.

Trezor Academy Empowers Ghanaian Bitcoin Enthusiasts

Bringing together #Music, #Art, #Comedy, #Poetry, and #Games – all on the groundbreaking @Bitcoin Lightning Network.
#AccraBitcoinNytz Powered by @Machankura8333

Pushing the boundaries of creative expression using #Bitcoin
#AccraBitcoinNytz

Experiencing a new way to network and engage with like-minded people, enabling peer to peer transactions via #Bitcoin Lightning Network. #AccraBitcoinNytz

A vibrant atmosphere filled with inimitable entertainment experiences, all leveraging on the #bitcoin lightning network #AccraBitcoinNytz

Music Meets Bitcoin
Exhibitions of #Bitcoin-inspired art and poetry #AccraBitcoinNytz

You can read the unrolled version of this thread here: https://typefully.com/CowriesKumi/ey98Mme

#AccraBitcoinNytz: Where Creativity Meets #Bitcoin

MOMENTS: ⚡️ @Lightningcon Vietnam 🇻🇳 Asia's First #Bitcoin & Lightning Conference Ongoing. #Lightningcon ⚡️

RT - @Lightningcon: Day 0 party 🥳pic.twitter.com/HleZMgKQ77  #Lightningcon ⚡️ #Bitcoin

RT - @Lightningcon: Day 1: 830am. 1st speaker - Jimmy Song doing his thing!!! pic.twitter.com/zZkTwoLhog cc @jimmysong
#Lightningcon ⚡️ #Bitcoin

RT - @Lightningcon: Day 1: 9:30am panel. Southeast Asia community pic.twitter.com/bFScLSdzIj #Lightningcon ⚡️ #Bitcoin

RT - @Lightningcon: Day 1: 10:30 am session. Kgothatso (@440UrPp) is so awesome with @Machankura. His feature phone lightning solution is something to see!!! pic.twitter.com/oxZo2hr28J  #Lightningcon ⚡️ #Bitcoin

Day 1: 11.30 a.m. session. Dea Rezkitha,(@dearezkitha) chairwoman of the Indonesia Bitcoin Community, speaks about Southeast Asia and CBDCs in the region. pic.twitter.com/21VkPtXpVO  #Lightningcon ⚡️ #Bitcoin

RT - @Lightningcon: We have reservations at 7:30 pm for our group at Paradise Cinema Lounge. They have food and drinks there. It's literally a 60-second walk along the beach to where we were last night. pic.twitter.com/GAt5nTAdLy #Lightningcon ⚡️ #Bitcoin

RT - @Lightningcon: Day 1: 12: 30pm, @GetAlby team educating the crowd about podcasting 2.0, #Nostr, and #Zaps!! Very cool stuff. pic.twitter.com/8LsN8reBok  #Lightningcon ⚡️ #Bitcoin

RT - @Lightningcon: Day 1: 3:30 pm session.
Leo Weese (@LeoAW) from @Lightning Labs spittin some lightning network knowledge 👌 pic.twitter.com/UO8xezy6RB #Lightningcon ⚡️ #Bitcoin

RT - @walletofsatoshi: We’re at @LightningconVN in Vietnam for the next few days. Great to hear about #bitcoin Lightning happenings in South East Asia ⚡️ pic.twitter.com/0uLiO52PEp

RT - @Neutronpay They really wanted their coffee instantly at @LightningconVN, so they paid with #Lightning⚡️

@walletofsatoshi ⏩ Neutronpay

#vietnam #itsthatfast #instant pic.twitter.com/v2iCL0zcSl

Highlights from Lightningcon Vietnam 2021

Attendees at the last #Bitcoin meetup in Accra, #Ghana in December 2023 had a fantastic and enlightening experience with their introduction to #Bitcoin by @AnitaPosch.

People from around the world attended the gathering, which took place after the successful "AFRICA #BITCOIN CONFERENCE in Ghana. Cc @AnitaPosch @lobaestrangeira @veronikakuett & more

People shared exciting insights and inspiring stories about how they're leveraging #Bitcoin and the vast opportunities it brings.

Attendees were eager to learn, share ideas, network, and think critically about #Bitcoin. They embraced optimism and positivity throughout the event hosted at “One Corner Garden” a restaurant that accepts “bitcoin payments”

It was a night to remember as #Bitcoin enthusiasts gathered at the last meetup. Overall, we feel thankful.

Life is full of opportunities, and the #AccraBitcoinMeetUp is one of them! Get ready for an exciting event filled with giveaways from @Bitnob_official & @Trezor on March 31st at 7 pm.

Join us at the beautiful
 O̶N̶E̶ C̶O̶R̶N̶E̶R̶ G̶A̶R̶D̶E̶N̶🪴[Kokomlemle]  #BitcoinCowries⚡️🇬🇭

You can read the unrolled version of this thread here: https://typefully.com/CowriesKumi/AqAnuJP

The #AccraBitcoinMeetup, Ghana: A Fantastic #Bitcoin Experience

No Internet! No Problem.⚡ -@Machankura8333 turns your phone into a lightning wallet allowing you to send and receive #bitcoin with just your mobile number.
[https://8333.mobi/] cc @440UrPp

Use #Bitcoin on any mobile phone!
⚡1. Send #Bitcoin
⚡2. Receive #Bitcoin
⚡3. Account details
⚡4. Buy goods/services
⚡5. PIN change/reset
⚡6. Exit
@Machankura8333

#Ghana⚡*920*8333#
#Nigeria⚡*347*8333#
#Namibia⚡*142*8333#
#Tanzania⚡*149*46*26#
#Kenya⚡*483*8333#
#SouthAfrica⚡*134*382*382#
#Uganda⚡*284*8333#
#Malawi⚡*384*8333#
#Zambia⚡*384*8333#

No internet necessary!
#Bitcoin is for all of us. That's why it is important to build for the millions of people on the African continent with no reliable internet access. #Africa @Machankura8333


Simple, straight-forward Lightning addresses!
Users just need to know your phone number to send you #bitcoin.
-For anonymity, you can quickly setup a username to replace your phone number. @Machankura8333


Spend your #bitcoin
More integrations coming up to make it possible for you to do more with your #bitcoin. @Machankura8333 understand not everyone wants to HODL.



No Internet! No Problem. ⚡ -@Machankura8333 turns your phone into a lightning wallet allowing you to send and receive #bitcoin with just your mobile number.

#AFRICABitcoinConference2022 Highlights ⚡️

The African Bitcoin Conference 2022 took place from December 5–7 in Accra, Ghana. It was the first #Bitcoin conference hosted on the continent by @AfroBitcoinOrg.

African Bitcoin Conference 2022 included keynote addresses, fireside chats, panel discussions, presentations, crash courses, and #Bitcoin focused workshops


Over 40 speakers were in attendance including @jack  @raypaxful and a dynamic audience of other #Bitcoin  ers, entrepreneurs, educators, investors, and industry leaders.


Day one commenced with an opening ceremony & welcome remark by @AfroBitcoinOrg. -  @raypaxful  CEO of @paxful , spoke in a fireside chat moderated by @Farida_N. Four panels of discussion were held throughout the day with topics as #Bitcoin is Money,



 The Road to a Career in #Bitcoin, and Advancing Social Justice with #Bitcoin, among others, were discussed in-depth during #Afrobitcoin #ABC2022


Nii Quaynor, Ghanaian professor credited with building the first #Bitcoin ATM in Ghana gave the first keynote address to start DAY 2 of #Afribticoin #ABC2022



// @Farida_N spoke highly of Professor Nii Quaynor as a one of the greatest scientists on the African continent & has contributed immensely to the growth of technology and Internet in Africa. #Afrobitcoin #ABC2022 #Bitcoin


#Afrobitcoin @jackmallers founder of @Strike, gave the second keynote address of the day. He explained the concept of payment rails, and highlighted the challenges faced in cross-border payments as a result of differences in currency and payment systems. #Bitcoin


@Jack & @Farida_N had first fireside chat event of the day. Giving a brief history of how he got interested in distributed ledger technology and thanked the open-source community for the goodwill to put out work for free and make software development open. #Bitcoin


Day two of the #Afrobitcoin went on with more keynote addresses, fireside chats, and panel discussions. Topics of discussion include The Power of the Lightning Network, Bitcoin-Powered vs Traditional Payment Systems, and Bitcoin Mining in the Face of Climate Change, among others


#AFRICABitcoinConference2022 Highlights ⚡️  The African Bitcoin Conference 2022 took place from December 5–7 in Accra, Ghana. It was the first #Bitcoin conference hosted on the continent by @AfroBitcoinOrg.

Proof of Work Explained.
You might have heard this term thrown around in the #bitcoin space: PoW.
[DAY 5] #21DaysOfBitcoin cc @BitcoinMagEDU #Bitcoin #BitcoinCowries⚡

Proof of Work allows Bitcoin to work without a centralized controller such as the government. It's the key that unlocks the self-sovereign solution we've been looking for — a computer algorithm that just might fix our financial system. #Bitcoin #BitcoinCowries⚡ #21DaysOfBitcoin

Working Selfishly for the Greater Good #21DaysOfBitcoin
Proof of Work is a consensus algorithm that requires its participants — the Bitcoin miners — to expend energy and computational power in order to lock-in batches of new transactions. #Bitcoin #BitcoinCowries⚡

In exchange, they are rewarded with #bitcoin if they are the first to successfully calculate a difficult 64-character hexadecimal serial number (a hash) that identifies the past transaction history, the new transactions, & their own ID as the winning miner.  #BitcoinCowries⚡

In other words, miners want this #bitcoin reward for themselves, so they will work tirelessly to try and create a winning solution. The winner then sends their solution and the list of transactions it includes to the blockchain, thus securing those transactions publicly, forever


About every ten minutes, this process repeats itself to help decentralize, secure, and confirm all transactions on the #blockchain while rewarding miners for their proof of work. #Bitcoin


Looking for Diamonds #21DaysOfBitcoin
Diamonds, like bitcoin, are rare. They can't be faked, they're hard to find, and everybody wants one. For the sake of this analogy, we'll just pretend that lab-grown diamonds don't exist. #BitcoinCowries⚡


Mining Pools #21DaysOfBitcoin
In #Bitcoin, miners come together to form mining pools in a similar way. Bitcoin rewards are distributed within a mining pool depending on how much work the miners have done. #BitcoinCowries⚡

Adjusting for Difficulty #21DaysOfBitcoin
As more people realize that there is money to be made looking for diamonds, the overall number of participants increases, which thereby increases the likelihood of someone finding a diamond of the right size quickly. #BitcoinCowries⚡

If there are more people working and it takes less time on average to find the diamonds, then the size requirements for the diamonds get bigger for the next two weeks. #21DaysOfBitcoin #Bitcoin  #BitcoinCowries⚡


The #Bitcoin protocol has a built-in difficulty adjustment. Every 2016 blocks (about two weeks), the difficulty to mine bitcoin adjusts as more miners either come online or go offline.


If there is more computational power working to solve the hash, then it becomes more difficult to find a winning solution. If miners come offline e.g. after China banned miners then it becomes easier for miners who are still online to mine bitcoin @BitcoinMagEDU #21DaysOfBitcoin


𝐓𝐡𝐞 𝐌𝐚𝐠𝐢𝐜 𝐍𝐮𝐦𝐛𝐞𝐫 — 𝟐𝟏 𝐌𝐢𝐥𝐥𝐢𝐨𝐧

👇 Imagine central banking as this guy: 👇

The Monopoly Man represents the central bank.

[DAY 4] #21DaysOfBitcoin cc  @BitcoinMagEDU #Bitcoin

  The market is open, prices are affordable, and competition is low. Sometimes, you get unlucky and have to pay a surprise fine or a hefty tax. But, such is life. He allows you to collect $200 when you pass GO, just because he's a nice guy. // cc  @BitcoinMagEDU #21DaysOfBitcoin

Perhaps you've now replenished some of your savings, so you return to the board and take another pass around. // cc  @BitcoinMagEDU #21DaysOfBitcoin

After a few rounds of properties purchased, rents paid out to owners, and collecting free money at GO, a certain dreadful doom starts to set in — you pray you don't land on someone's duplex, or even worse, their hotel. // cc  @BitcoinMagEDU #21DaysOfBitcoin


With each pass around the board, you're still collecting your $200. Not to rain on your parade, but $200 doesn't mean much when your savings are wiped out and the rent seems to double each turn you take. //cc @BitcoinMagEDU #21DaysOfBitcoin


While this is an exaggerated version of the game of life, the basic principles remain: Those who have invested in assets (like real estate or stocks) see their net worth appreciated; those who owe debts and have little to no assets continue to see their savings wiped out.


Their purchasing power weakens, commodities and assets become more expensive, and no amount of government handouts can save them. //cc @BitcoinMagEDU #21DaysOfBitcoin


In fact, the “free money” comes back to bite them even harder the next round. While the rich see their assets inflate in price because more money is introduced into the game, the poor see their savings debased //cc @BitcoinMagEDU #21DaysOfBitcoin

This is a result of #inflation: where the government prints money on a whim to fuel the economy. But in the end, the rich only get richer and the price of goods becomes more expensive, thus trapping people in a cycle of poverty — even though they may collect $200 at GO. #Bitcoin


The government is allowed to inflate the monetary supply whenever they want. They want you to think everything's under control — and it is, literally. Therein lies the issue: They'll stab you in the back while shaking your hand. //cc @BitcoinMagEDU #21DaysOfBitcoin


With #Bitcoin, however, nobody is in control. Bitcoin's supply is capped at 21 million, whereas fiat dollars can be boundlessly printed. //cc @BitcoinMagEDU #21DaysOfBitcoin


The Magic Number
Nobody knows where the 21 million bitcoin cap comes from; this is likely just an arbitrarily chosen number. However, what's important is that this number can't be changed — ever.//cc @BitcoinMagEDU #21DaysOfBitcoin


Supply and Demand
Currently, not all 21 million #bitcoin are up for grabs yet — I'll go over this later when I talk about how new bitcoin is mined. //cc @BitcoinMagEDU #21DaysOfBitcoin


Supply and Demand
Although no economic model is perfectly representative of a real-world scenario, bitcoin's curve is a little bit special.

Let's take a look at this supply and demand chart comparing salmon and #bitcoin: #21DaysOfBitcoin  @BitcoinMagEDU


While the supply of salmon is not necessarily fixed because we can farm fish and source fish from different areas of the world, the supply of #bitcoin is capped strictly to 21 million — this is what we call a perfectly inelastic supply.  #21DaysOfBitcoin  @BitcoinMagEDU


As a result, this means that only shifts in demand affect price; as demand continues to increase with institutional adoption and countries like El Salvador declaring bitcoin legal tender, there's only one place #bitcoin price is headed: the moon. #21DaysOfBitcoin  @BitcoinMagEDU

Although we're still far from using bitcoin in the way that we use dollars to purchase goods, what we can do is hold our wealth in #bitcoin. //cc @BitcoinMagEDU #21DaysOfBitcoin


As the purchasing power of the dollar weakens due to ever-inflating supply, bitcoin supply remains immutable, and so the purchasing power of bitcoin should continue to rise over time — forever. //cc @BitcoinMagEDU #21DaysOfBitcoin
