How Bitcoin Can Help Those Impacted by Disasters!

Episode 17 of the The SatsMate Stack podcast, hosted by Paul SatsMate, titled "How Bitcoin Can Help Those Impacted by Disasters!" was published on October 8, 2024 and runs 9 minutes.

October 8, 2024 ·9m · The SatsMate Stack

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Summary

Hi Sats Crew, Now more than ever we can see our government deliberately trying to negatively impact those trying to help. We all know the government is extremely inefficient, it is filled with bureaucracy and red tape and lastly, they aim to virtue signal. There are countless things I can go over, but in today's podcast, I stick to what has been happening with the past hurricanes, and how bitcoin is well-positioned to go around government control to help people who need it. So much is ...

Episode Description

Hi Sats Crew,

Now more than ever we can see our government deliberately trying to negatively impact those trying to help. We all know the government is extremely inefficient, it is filled with bureaucracy and red tape and lastly, they aim to virtue signal. There are countless things I can go over, but in today's podcast, I stick to what has been happening with the past hurricanes, and how bitcoin is well-positioned to go around government control to help people who need it.

So much is happening right now from the disaster we saw with Hurricane Helen
We just finished Helen, and a hundred + people passed
FEMA restricted access for many people to give aid to people directly
More importantly, the U.S. government can restrict us not just physically but also financially
Bitcoin cannot be stopped, especially on the chain - everything can be verified
We can also send directly to the people
Geyser Fund that has raised several million sats
Many Bitcoin veterans will work to directly help the people rather than follow the bureaucracy of armchair government bureaucrats
People on the ground need help and Hurricane Milton may be coming so stand by!
The lesson in all this is that we need self-sovereign money that individuals can send without permission!

Overall Bitcoin is censorship-resistant money, and with a government that is out of control and will stop at nothing - it is a great asset to get value directly from person to person. Overall, I hope you all enjoyed this one - there are many more great podcasts to come!

Best Regards,

SatsMate

Referral to Stacker News: Circular economy with bitcoin discussions involved! https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
https://addslice.com/?crew=f5n2V5EI

Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Youtube: SatsMate
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Instagram: SatsMates
website: https://satsmate.wordpress.com/