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NoOnes Bitcoin Philosophy: Everyone Eats

21 July 2024
in Bitcoin
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I prefer to eat. What I imply by that’s I prefer to earn cash. I’ve had my share of being hungry and consuming two-minute noodles as a result of I couldn’t afford anything. That’s no enjoyable, nevertheless it’s the truth for lots of people within the World South. It’s a actuality that NoOnes plans to alter.

I need to make some huge cash, and I’m not ashamed to say so. Being actually wealthy could be nice, nevertheless it wouldn’t really feel good if everybody round me was poor. It wouldn’t even really feel good in the event that they have been reasonably profitable. The one method it might really feel good is that if everybody round me is wealthy, too. That’s the explanation certainly one of our values at NoOnes is “everybody eats,” and it’s so vital I’ve made it a part of our enterprise mannequin.

There may be starvation at NoOnes, nevertheless it’s a starvation to ensure we’re doing all the pieces we will to ensure everybody eats. It began with our pledge to offer again 50% of the corporate’s income. You possibly can’t take that promise to the financial institution – as a result of who’d belief them? – however you may take a look at my report and ask your self if I’m severe about it.

Ever since I joined the dots in regards to the monetary system and realized the way it suppresses individuals who haven’t any energy, particularly these within the World South, I’ve made it my mission to assist create a brand new system. There have been many roadblocks put in my method, however I’m constructive we will create a brand new monetary ecosystem, and that’s why I rise up each morning. I’m making a selection, and I’m fortunate sufficient to have the ability to make it as a result of I’ve a skill-set that empowers me to get the job carried out.

My imaginative and prescient of a World South the place everybody eats would have already got occurred if we hadn’t been held again by the disastrous insurance policies of the World Financial institution (WB) and the Worldwide Financial Fund (IMF) after decolonization. I say decolonization, however the reality is that army regimes have merely been changed with financial ones. Now, we now have the instruments crucial for us to go to work and defeat that system to offer us one thing higher.

We’re already doing a whole lot of issues at NoOnes, corresponding to our Accomplice Program and money again to reward the shoppers who assist us to develop. For instance, our customers are our best ambassadors, so we give them jobs to assist with our education schemes on-line and on the bottom. All of those initiatives are a part of our “everybody eats” mantra however there’s a lot extra to return.

Everybody eats is rather more than giving again financially. The imaginative and prescient we’re driving in direction of is known as a new monetary structure, an ecosystem the place all the pieces is about incentivizing individuals to work. We’re already doing that by creating jobs – having our residents generate content material to onboard individuals into crypto, corresponding to displaying others the right way to earn cash, making instructional movies about the right way to purchase or commerce Bitcoin, or speaking to teams in particular person and on-line. The most effective a part of all of that is that it’s natural and round, a relentless loop that retains feeding into the system.

Crypto customers throughout Africa are studying the right way to use what we’ve constructed and so they’re constructing layers on high of it. They’re hacking it in methods we’ve by no means imagined, after which placing again what they discovered into the ecosystem by educating others. That is how everybody will get a spot on the desk and a plate in entrance of them with some meals on it.

We would like everybody to develop, so our aim is to increase this ecosystem, to make it a very people-powered, trustless, utterly clear instrument that can rework the World South right into a powerhouse. This “everybody eats” philosophy flips the entire western company mannequin on its head. As a substitute of blocking the potential of hundreds of thousands throughout the World South, our mannequin is designed to be generative, to construct – and it really works.

Years in the past, once I first started speaking to potential customers in Africas about Bitcoin on-line, I attempted to onboard many individuals by gifting away BTC as a result of I knew my funding could be returned to me. I went additional once I based the Constructed with Bitcoin Basis and constructed 13 faculties within the World South to assist educate native individuals. We have been on the bottom displaying individuals how a peer-to-peer market utilizing Bitcoin as a common container for cash couldn’t solely raise them up, however rework the livelihoods of future generations to return.

“Everybody eats” means all of us have meals, we now have a terrific place to dwell, and all of us have work – nevertheless it additionally means we now have free time, and we’re going to present the world that this mannequin works. As a P2P platform, we should make income as a result of we will’t advocate for an equitable society with out sources. Nonetheless, it’s completely important we’re not obsessive about income, besides to the extent that we will feed it again into the ecosystem to generate extra progress.

We would like peculiar individuals to know they’ve so many alternatives to develop, regardless of the obstacles in entrance of them, a scarcity of training, sources, or the “proper” nationality. I used to be just a few nerd from an immigrant household who failed a whole lot of occasions till I discovered the right way to succeed. Now I’m making an attempt to offer my brothers and sisters within the World South a short-cut to prosperity. If meaning I’ve to offer away 50% of our income to ensure everybody eats, I’ll do it. We’d like income, however we’re people-driven, and that’s what makes NoOnes so particular. The duty now could be to unfold the phrase.

It is a visitor publish by Ray Youssef. Opinions expressed are solely their very own and don’t essentially mirror these of BTC Inc or Bitcoin Journal.



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