Post
Topic
Board Bitcoin Discussion
Re: Bitcoin was created to reform money and provide financial freedom
by
we-btc
on 13/03/2024, 15:09:01 UTC
We are just going with the flow  Cheesy
But I am supporting your initiative and would you share us which projects are you
working here ? because like you we also wanted to contribute about that Mission for financial
freedom.

I am working on a first in class device that provides truly peer-to-peer transactions using Bitcoin.  It is called the Epiphany.  You can check it out at https://webtc.io.

If you are wondering why financial freedom is important just look at today's headlines:

The headline this morning about Nigeria - Binance Asked to Provide Names and Transaction History of Top 100 Users in Nigeria. The demand arises while the Nigerian government is now in its third week of detaining two Binance senior executives.

Without peer-to-peer transactions governments around the world monitor and approve any and all financial transactions.  In the US we have legal protection from this in the IV amendment to the constitution which states "The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized."

To get around this the US courts have made it legal to violate this amendment if the information is owned by a third party like an exchange, internet service provider, or bank. In this case the government has no obligation to provide probable cause.