Bitcoiners back social platform to escape shadowbans and demonetization
Anthony Pompliano and others have backed an alternative content platform that aims to give creators more revenue and freedom from shadowbans and demonetization. A new Social media platform called Locals has drawn strong backing from leading crypto figures as part of a push to escape big tech censorship.Locals Technology, Inc. announced a $3.8 million seed investment round on April 20, and included backing from the co-founder of Morgan Creek Digital Assets, Anthony Pompliano, former Coinbase CTO Balaji S. Srinivasan as well as Alexander Lloyd, co-author of The Little Bitcoin Book.Locals is....
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At a Bitcoin-themed escape room in Lebanon's capital Beirut, it's all fun and games until you take the orange pill. Bitcoin (BTC) sets people free. At least, that was the story at Lebanon’s first Bitcoin-themed escape room in Beirut. Lebanese Bitcoiners from the group Bitcoin du Liban took on the latest Bitcoin education challenge — Bitcoin Escape the System. The best part? The team of four snuck out of the escape room in the fastest time to date.Can’t wait to try this… tomorrow.#Bitcoin is growing in #Lebanon [email protected] @marco_bdl @Thomssmn @Rothmus....
India’s ongoing demonetization process has created chaos and inconvenience for many Indians, especially the country’s middle and lower class. The government’s purpose is to scrap 86 percent of the current physical money in the system to curb counterfeiters and stop the financing of terrorist organizations. Bitcoin.com spoke to Sameera Pandilakshmi, an....
The creation of a decentralized monetary network provides an escape from the flood of fiat inflation.
Indian Prime Minister Narendra Modi’s demonetization of 500 and 1,000 rupee banknotes has thrown India’s economy and financial systems into turmoil. Local residents now struggle to obtain cash to support and finance their day-to-day living. The government’s restriction on gold importation is also affecting the general population, as 78% of Indian....
It was on Nov. 8, 2016, in a shock announcement, that Indian Prime Minister Narendra Modi announced around dinnertime that banknotes of Rs.500 and Rs.1000 would no longer be legal tender starting midnight. It has been exactly a month since he made that announcement. His key objectives in scraping 86 percent of the circulating currency in a country of over 1 bln people, was to remove “black money” out of the system, fight counterfeiters and stop the financing of terrorist organizations. While it can be argued that the measure may have had limited success in all of these fields, the....