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Reclaiming Democracy With Bitcoin At The Oslo Freedom Forum (www.forbes.com)

submitted 4 months ago* (last edited 4 months ago) by makeasnek@lemmy.ml to c/bitcoin@lemmy.ml

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"The Oslo Freedom Forum, held annually by the Human Rights Foundation, has become a worldwide cornerstone for human rights activists. This year, the 16th edition of the forum was centered around the theme "Re-claim Democracy." It brought together activists, thinkers, and leaders to discuss the challenges of rising authoritarianism and how bitcoin can support activists fighting against oppressive regimes."

Link without paywall: http://archive.today/L1n4y

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[–] shadow06@lemmy.ml 0 points 4 months ago (1 children)

Except BTC doesn't scale enough even for small nations.

[–] makeasnek@lemmy.ml 1 points 4 months ago* (last edited 4 months ago)

Read about scaling layers (L2 and L3s) it absolutely scales. You can use one L1 transaction to create a lightning channel, you can then have an infinite number of transactions in that channel between you and any partie(s) you want. All off-chain. The chain secures these transactions by being the enforcement mechanism. Just like a contract works because you can run to a court and get it enforced. The court only handles 1% of contracts ever written. Courts scale, Bitcoin scales.