Sliding into your bitcoin-only feed with some of the Nostr normie content.
Morning walk with the doggo, the seasons change so fast...
#brrrstr
#winter
#snow
#touchgrass
#nostrnormie
#grownostr
#photography
"In 2013, he convinced a Keene convenience mart to start accepting crypto; a year later, a Free Keener put a bitcoin vending machine in his thrift store. More terminals followed. A person would deposit dollars and get an equivalent amount of bitcoin virtually, less a fee; the Shire would then repurchase more crypto-currency and restock its inventory. Shirefolk drifted from activism to crypto, with Freeman persuading more and more local businesses β barber, mechanic, pho place β to accept digital payments, giving Keene a claim to the densest concentration of bitcoin activity in the country. Coverage followed in the nascent crypto press, then in mainstream outlets, especially as the price of bitcoin soared, tanked, and soared again."
Fascinating story on a lot of levels....
In 2016, using the handle FTL_Ian, he began selling bitcoin on a Craigs-list-style site called localbitcoinsdotcom executing at least 3,000 transactions with 2,161 partners. Based in Finland, the site seemed to operate in a legal gray area, affording buyers an anonymity not permitted by big, regulated U.S. exchanges like Coinbase. Users paid Freeman for that privilege in transaction fees that were inflated by roughly 10 percent. From a financial perspective, Freeman was doing arbitrage: buying bitcoin on mainstream exchanges for cheap, then selling it in bespoke fashion for more. From a Shire perspective, he frames it in loftier terms. βThe whole point of this mission is to give people the opportunity to get out of the dollar,β he says. βThe government money is evil, and this money isnβt.β
Morning walk with the doggo, the seasons change so fast...
#brrrstr
#winter
#snow
#touchgrass
#nostrnormie
#grownostr
#photography