THE TOWNSHIP ONE YEAR LATER

On Aug. 5, 2021, Joey Olden and Luthando Ndabambi strolled into JCC Camp, a municipality on the edges of Mossel Bay, South Africa. They had a mission: find a municipality corner store able to sell them something for bitcoin. Their inevitable achievement soon thereafter (when they purchased two cool beverages with sats sent over the Lightning Network) could be known as the second Bitcoin Ekasi was conceived.

However, the seeds that grew the venture were planted well before. I was first acquainted with Bitcoin in late 2013, following the financial emergency in Cyprus. My significant other and I work a surf-the travel industry business and, on the grounds that she's Russian, we're basically centered around the Eastern European and Russian business sectors. The emergency in Cyprus (alongside the ensuing bailouts and related seizure of stores) impacted numerous Russians and when I ran over Bitcoin — because of a couple of early printed versions of Bitcoin Magazine and a companion who'd got some on Mt. Gox — it caught my eye.

Like us all, I didn't promptly comprehend what Bitcoin was or the way that it worked. I actually don't figure out a ton of the better-specialized subtleties. In any case, it didn't take long to understand that, anything this thing, assuming was written in that magazine was valid, those individuals could never have had their cash with no obvious end goal in mind seized assuming their cash had been in self-custodied bitcoin as opposed to a Cypriot bank.

In the wake of having purchased a little bitcoin close to the top in 2013 and getting my work done when the cost crashed, we began tolerating bitcoin installments from surf-trip clients in mid-2015.

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