The post Bitcoin And The Arab Spring: Lessons For Revolutionaries Communicating appeared on BitcoinEthereumNews.com.

Bitcoin is a Monetary Revolution Bitcoin is not simply a new monetary tool, a new currency, or an additional asset class. I tell people that Bitcoin is a Monetary Revolution. The Bitcoin eco-system is full of innovations to bring value beyond simply price growth to new all-time-highs. You can say that the value proposition is built on the foundations of the ever-expanding benefits of the wonder-currency. After my failed attempt to first invest in Bitcoin in early 2010, I found myself traveling and working in the Middle East, and Egypt in particular, later that year. Inadvertently, the events of the Arab Spring in the region showed me how today the Social Layer of Bitcoin can be a powerful tool supporting Bitcoin adoption. The year 2010 was the culmination of several visits I made to the region over the previous years that allowed me to amass a large group of friends and colleagues in Egypt. Egypt is a massively impressive country that hosts a grand capital. Cairo is the world’s first truly international metropolis. In some way its ancient wonders mask the multinational and multicultural mix of the city. It is a financial hub, the people are wondrous, friendly, and open to ideas. It is the globe’s first melting pot, having been established as such thousands of years before New York city coined the phrase. I found the most delicious sushi restaurants in Cairo, the best mango and the freshest fish served on the banks of the Nile River brought in from the Alexandria seaside. Unfortunately, underlying the ancient wonders there existed issues of poverty, political unease, and the impact from regional tensions. I was told that around 1/3rd of the population of Cairo’s approximately 20 million people had trouble feeding themselves daily. Bribes to public servants, while prevalent, were not…

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Filed under: News - @ October 19, 2023 4:24 pm