Sunday, 29 August 2021

Gold mining is the largest source of CHILD LABOR worldwide. The system Bitcoin threatens is more evil than I thought

Gold mining is the largest source of CHILD LABOR worldwide. The system Bitcoin threatens is more evil than I thought

I was reading some articles today and went down a bit of a rabbit hole that has made me more passionate about crypto than ever before. Ever since I was young I've heard stories of child labor in places like China for toy/clothing companies; but I was shocked to hear that the mining industry is the largest source of child labor in the world; approx. 1 million children in 22 countries worldwide work in gold mines and somehow I've never heard about it once in my life. Its also one of the most dangerous industries that still “employs” children, most are small scale operations with little to no regulations, and quite frankly, they don't give a shit about them. These children are exposed to toxic gases/dust and are at risk of tunnels collapsing on top of them, explosions, etc. Many end up severely injured or dead. All for some awesome shiny bricks. I'll leave it at that for the details of what goes on in the mining industry, but I encourage you all to read about it as well.

Its pretty heartbreaking to find out shit like this but I can’t say I’m that surprised. The reason I thought I’d share this here is because Bitcoin is often compared to gold nowadays, and after I discovered this, I can’t even believe I had never heard anyone bring this up in debate. Like really? Industry powered by millions of computers worldwide v.s industry powered by millions of children being exploited worldwide. Its surreal honestly. Is this actually what we've collectively decided is the most valuable asset in human history?

Obviously its more nuanced than this and horrible stuff like this goes on all the time but this really struck me since a huge part of the philosophy in crypto is rebuilding a system that doesn't allow for the injustice the world has become so accustomed to.

Putting all the other technical/philosophical reasons I love bitcoin aside, it feels pretty damn good to know we're challenging industries like this. I doubt this will ever be addressed by the media/politicians, especially considering how much money is in gold mining, but this reminded me of just how important this all really is and I felt obligated to share and hopefully some of you feel the same. To me, this is a metaphor for what Bitcoin is all about; disrupting and taking down systems built on taking from those they're meant to serve, and creating one that empowers them instead.

*some key stats/points I gathered from the articles

https://preview.redd.it/5070c1m7a6k71.png?width=597&format=png&auto=webp&s=6a8525be3c9f20a92331ed22dbbb9d709d999553

https://preview.redd.it/qvyym1m7a6k71.png?width=921&format=png&auto=webp&s=d4d39ca4332ef345f834a01c517475221afb62af

https://preview.redd.it/bjge32m7a6k71.png?width=1176&format=png&auto=webp&s=a73208c2cf34988f619e592ab1abd71d0368f99b

submitted by /u/saccred
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At what point do you decide to move your crypto to a hardwallet?

Basically, is there a specific threshold you have in mind before you move your crypto to a hard wallet? Since moving your crypto costs fees, when to do it is something to keep in mind. Do you move it to your wallet right away after buying crypto, even if you lose some with every movement? Do you wait until you accumulate a specific amount of crypto or $$ amount before deciding it is no longer safe to keep it in the exchange?

Ps: you all know what I mean by hardwallet, don't act dense about it. Obviously it refers to cold wallet storage.

submitted by /u/hoenndex
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chaintip on youtube videos

is there a way to tip random youtubers in the comments section with bch? I read some funny comments today and would like to share a cent or two or 5

submitted by /u/arldyalrdy
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source https://www.reddit.com/r/btc/comments/pdlfp2/chaintip_on_youtube_videos/

Flipstarter Educational Video Series "Bitcoin FIAT: Not your keys, Not your coins" El Salvador: 23.39 BCH to go and 48 hours remain. Please consider support our project for Salvadoran people.

Flipstarter Educational Video Series "Bitcoin FIAT: Not your keys, Not your coins" El Salvador: 23.39 BCH to go and 48 hours remain. Please consider support our project for Salvadoran people. submitted by /u/SofiaCBCH
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source https://www.reddit.com/r/btc/comments/pdjvaj/flipstarter_educational_video_series_bitcoin_fiat/

Update on the 5 Part Latin America Flipstarter

Please forgive me if this feels like I'm bombarding r/btc but I wanted to post this for visibility sake. I'd hate for people who funded me not get an update because they didn't see my tweet / or noise.

I posted an update on my Flipstarter which you can read here. I will be posting more updates on my Noise.cash - and not again on Reddit (to prevent me from flooding r/btc with too many posts and getting annoying for the readers here...) Still I think it's important to post an update here at least once.

The TL;DR is:

  • 2 of my 5 videos are done.
  • I've decided to double down, and produce 10 total videos instead of the promised 5.
  • My "Bitcoin Beach" video is making big waves and ranking SUPER high on YT (ranks higher than Vice, and even the official Bitcoin beach youtube channel.
  • I intend to get all 10 videos filmed, edited, and posted before 2022.

I'd be thrilled to hear your feedback, comments, tips or suggestions. Thank you all for your vote of confidence in your funding my flipstarter.

submitted by /u/Mafalzon
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source https://www.reddit.com/r/btc/comments/pdjt95/update_on_the_5_part_latin_america_flipstarter/

How the Lightning Network Works | Till Musshoff

How the Lightning Network Works | Till Musshoff submitted by /u/GeorgeWatts
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Go to Google and ask what is the currency of Cuba.

Go to Google and ask what is the currency of Cuba. submitted by /u/Amber_Sam
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