Is The Bitcoin The Biggest Humanitarian Tool
How is Bitcoin influencing the lives of millions? There is more to be learned about the ways Bitcoin influences the world.
How Is The World Poised To Absorb Bitcoin?
To all of those news junkies of the world, they may be forgiven for becoming the latest tech skeptics where 2014 has been a year of global mayhem where instead of creating a connected civic safety net, it seems to be like tech platforms are simply amplified messages and images from ungovernable parts of the world. The major news concerned where that Boko Haram kidnapped girls in Nigeria, where they were fought back with mostly futile hashtags. The ISIS broadcast their brutality with regular video updates. The Russian leader Vladimir Putin perfected networked information warfare in Crimea, online drug lords distributed contraband tarnishing the image of Bitcoin was the first global peer-to-peer financial system.
Continuing to redistribute power from centralized hierarchies to individuals and communities the information revolution has impacted this redistribution which is often unpredictable with local public institutions either nonexistent or otherwise unable to adapt, compete or function effectively enough to prevent violence as the Iraqi government and Mexico’s inept law enforcement comes to mind.
Even in this situation, there is reason to take heart as despite fear and life-threatening circumstances individuals continue to create a civil society during destruction. There are doctors in Aleppo, Syria, moving their hospitals underground to escape targeting and continue to serve patients. Syrian women are negotiating humanitarian access to ceasefires with an island of relative peace, the Kurdistan region of Iraq accepting hundreds of thousands of refugees.
In case some want to see new technologies used to expand free association and improving human condition, its time to step back and assess as to how do we make the next decade one of technological development building more resilient communities from bottom-up? How could we route around bureaucratic dysfunction? Whereas finally how can we support individuals to navigate disruption successfully and then also help them rebuild?
Bitcoin Comes With A More Far-Flung Effect On The World
Bitcoin can come to the help which many may not realize as in many ways it already is as the Bitcoin ecosystem has already discovered ways to become a crucial part of the global humanitarian community assisting these efforts and filling the civic gap occurring amid ubiquitous threats like violent conflict, weather-related disasters and exported extremism and disease which may be bitcoin’s most important role to date. The truth is that the current gap in global governance is an opportunity for blockchain technologies where large institutions work to overcome their outdated practices with Bitcoin building bridges between peers in a decentralized iterative an accountable style where it can crowdsource action and match expertise to bring individuals together to create a more timely and effective response to crises.
Being still in their infancy these efforts have much more work to do with enormous potential in the power of blockchain technology improving lives around the world in case the response to these situations are addressed and financed collaboratively. Those humanitarian organizations utilizing the Bitcoin network can make the Silk Road narrative even more successful long term global finance as firstly the Bitcoin fans have to walk the talk needing a model vision of global civic showing hoe the best results can be achieved when rights and responsibilities are decentralized which is not the result of an onerous top-down power structure.
Being an agile, safe, and real-time financing tool for rapid response, Bitcoin has qualities making it ideal for assisting refugees whose lives are shattered and dislocated by war. There are those organizations like TentEd that shows how this idea is being implemented where TenteEd has a rapid impact project for refugee children in the Kurdistan region founded by three Iraq war veterans volunteering their time as the project equips schools based on immediate and local needs assessments. Whereas the Kurdistan region is home to hundreds of thousands of war-displaced Syrians and Iraqi religious minorities seeking refuge from the so-called Islamic State, the nearly half of Syria’s population have been consequently displaced.
The Final Discussion On The World Finding The Solace In Bitcoin
While there are countless examples of people building resilience and you can help any of them achieve real-world results with Bitcoin donations as TentEd leverages relatively little money with huge social capital just as a software development design sprint where the project is led with focused teamwork and building continual feedback and relationships into the implementation. As the project has served hundreds of refugee children equipping them with transportation, books, uniforms, shoes, and other classroom essentials it will create a safe stable learning environment.
Making large impacts utilizing the Bitcoin is a humanitarian organization like TentEd that shares many Bitcoin characteristics as it is nonhierarchical immediate, collaborative, peer-driven, transactional transparent and accountable with success thereby they are based on trust and a record of commitment as the project models valuable information management rules for today’s world where it is getting increasingly difficult to sort the signal from the noise.