2 engineers turned sales professionals with 20 years experience. Sold our home, hit the road and empower businesses through
#Bitcoin
. Co-founded
@juicyb_shop
Having trouble explaining
#Bitcoin
to your loved ones? Do they find it too complicated?
I've compiled my hand-written notes which helped me make sense of
#Bitcoin
These notes are available for free so everyone has an equal opportunity to learn the Satoshi way! 🤓
100 Day
#Bitcoin
Challenge (Day 25)
Received a printed copy of my notes!! Need to tweak a few things but I plan to have these visual
#Bitcoin
notebooks available so we can all spread the Satoshi way 🤓
100 Day
#Bitcoin
Challenge (Day 20-21)
Held this board for an hour during lunchtime.
4 people stopped to comment on it
1. Called it a ponzi and he couldn’t touch
#Bitcoin
, I asked if he can touch the internet. Didn't have anything to refute.
...🧵
In 2023, my and wife I decided to sell our home and leave 🇨🇦 We began our
#Bitcoin
pilgrimage around the world 🌎 in August.
Since then, we’ve travelled to 10 countries, ~20,000 km, onboarded 7 businesses onto
#Bitcoin
, and sent ~40 people their first sats!
🇨🇭🇱🇮🇨🇿🇦🇹🇯🇴🇪🇬🇪🇹🇰🇪🇹🇿🇺🇬
Version 2 of the book is here!!
100 pages of hand written notes to simplify
#Bitcoin
for all visual learners. (My PoW)
Just waiting on Amazons approval 🤞🏽and will be ready to launch so we can all spread the Satoshi way 🤓
Are you a business owner? Curious about
#Bitcoin
?
I've put together a FREE visual guide outlining:
- Current state (credit card networks)
- Intro to
#Bitcoin
-
#Bitcoin
as Corporate Treasury
- Lightning Network
- Lightning as a Form of Payment
Although I'm not religious nor do I speak about it, I came across an interesting article by
@MBitcoiner
discussing Bitcoin and Riba (Arabic word for usury). He was kind enough to let me summarize his article in the form of visual notes.
Have you been considering running your own
#Bitcoin
node? Don't overthink it, just get started!
This is my journey:
1. Bitcoin core on Mac + SSD (~$100)
2.
@umbrel
on RasPi + SSD (~$250)
3.
@start9labs
on a Lenono miniPC (~$450)
So much FUD out there, why should one care about
#Bitcoin
? It's money for the internet, does not discriminate, doesn't require permission, has a limited supply and is secured by energy!
Are you a small business owner? Stop paying costly interchange and chargeback fees that eat into your margins. Take control of your payments using
#Bitcoin
Check out
@TheRealTahinis
- a success story that all businesses should be aware of!
A summary of Bitcoin vs the incumbents
Great day in Cape Town
- hiked Table Mountain with the
#Bitcoin
whiteboard - 6 people interacted with us
-tipped 3 servers in
#Bitcoin
(lunch, bar, dinner). They all loved getting their first sats, the last one however had the best reaction!
“So much better than a bank” 😂
#JuicyB
Month 1 Results:
-685 juices sold
-7% of sales in
#bitcoin
-2 suppliers onboarded onto
#bitcoin
-80 loyalty cards given out (1 redeemed for 1000 UGX in
#bitcoin
)
Our ultimate goal? 100% of sales in
#bitcoin
and empower other businesses around the world to do the same!
100 Day
#Bitcoin
Challenge (Day 18-19)
+6
#Bitcoin
Interactions
Took
@GhostOfBekka
advice and added some orange to the whiteboard.
Was told to leave the mall because I was soliciting and providing a service so I removed the 'demo' and gave away 1000 sats....🧵
Our
#Bitcoin
first conference is over! 🙏🏽 to
@AdoptingBTCcpt
for organizing an insightful conference!
There's great work being done and here are some takeaways:
- "Bitcoin is a game of privilege"
@RunwithBitcoin
- Lack of business perspective
- Normalizing Bitcoin
When we started our 🟠 journey we've definitely asked ourselves 'wtf is bitcoin?'
It's digital cash. How? It's a public record of all transactions (ledger) that tracks the creation of
#Bitcoin
and what happens to it afterwards.
100 Day
#Bitcoin
Challenge (Day 23-24)
New sign alert! Did better than the last 1 hr stint.
Had a couple people engage...
1. Said
#Bitcoin
was backed by credit. I got him to agree that it was backed by energy after a 5 min chat.
2. Shilled me a shitcoin🤦♂️
..🧵
A year ago, I was done with my fiat job and didn't know how to jump into
#Bitcoin
The 100 Day
#Bitcoin
Challenge gave my wife and I purpose which led to us travelling the world with
#Bitcoin
We're looking forward to presenting together (Finding Purpose Through
#Bitcoin
)
SPEAKER ANNOUNCEMENT:
@StudentOfBTC
is on a mission to spark curiosity about
#Bitcoin
, one student at a time. With a background in engineering, he has spent the past decade in customer-facing roles in SaaS and fintech.
Join us at
#AB24CPT
January 26-28:
Given the high fees, there's a lot of chatter about
#LiquidBitcoin
I failed miserably when trying to explain it to
@MasterGuantai
so like any good student, I did a bit of studying and took some notes 🤓
Here's my one pager about
#LiquidBitcoin
(L-BTC) from
@Blockstream
Section 5 of the
#Bitcoin
white paper discusses the 'Network' and how nodes interact with transactions and insert them into blocks so that it's visible to all of us. Here are my visual notes....
2. Group of 2 stopped because they saw my iron ring (for non-canadians, that's an engineering ring). They said they wouldn’t have stopped otherwise. Had a lengthy convo about lightning, future of payment landscape and govt bans. They asked me to try an inflation focused sign.
100 Day
#Bitcoin
Challenge (Day 26)
Took this sign to the mall, was told to leave and would be banned if I returned with the sign 😭
I did manage to get a photo and told the lady about
@Pouch_PH
@BtcRetreat
(since she was from the Philippines)
Total
#Bitcoin
Interactions: 32
Next time you use your card, remember that the merchant does not receive the entire amount you paid!
Banks, payment processors and card networks take a cut from the merchant.
#Bitcoin
fixes this for the merchant, they receive the entire amount paid.
24 hours, 3 countries, 1 whiteboard, 1
#Bitcoin
interaction in each!!
A new
#Bitcoin
record maybe 🤔?
Uganda - sent sats to bike driver
@blinkbtc
Kenya - sent sats to mechanic who fixed our car
@Machankura8333
(festure phone)
Tanzania - sent sats to fellow tourist
@blinkbtc
The new loyalty card for
#JuicyB
It’s low tech, but gets the job done as we ramp up.
If you have any
#Bitcoin
loyalty solutions for brick and mortar, let us know.
100 Day
#Bitcoin
Challenge (Day 22)
+1 - bought meat from a local farmer with
#Bitcoin
. Awesome to shake this hand and know where the meat comes from.
Way better than staring at a meat package in-store wondering 'how the heck was this raised, what was it fed?'
🧵
Going out for dinner or hitting the bars? Ask your server if you can tip in
#Bitcoin
. You won't know till you ask.
Script: I'll pay for my bill using my credit card. I would like to tip you in
#Bitcoin
is that okay? It's super simple, you just need to download an app...
I grew up in the Middle East but was too young to understand the concept of riba/usury.
An article by
@MBitcoiner
helped me understand this topic a little better. HUGE shout-out to him for letting me visualize his article!
You can get it for free:
Are you a business owner? Do you understand credit card processing?
3 steps once card is swiped/tapped:
1. Authorize: merchant seeks customer’s banks approval and sends customer card information to the relevant parties (merchant bank > credit card network > customer bank)…..🧵
Are you a small business owner? Accepting
#Bitcoin
isn't complicated, you only need 30 seconds with the
@walletofsatoshi
POS feature.
Don't miss an opportunity if someone wants to pay you in
#Bitcoin
NOTE: this only gets you started.....
With the SVB debacle, we’re hearing a lot about ‘bank runs’. What is it? A visual thread…
Funny thing is the FDIC was originally created in response bank runs in the early 1930s.
#Bitcoin
Treasure Hunt 🔍🧭
I've left the seed words to 21,000 sats by the Prague main train station. X marks the spot.
Go get them sats!
Shout-out to
@BTCsessions
for sharing this idea (he used an
@OPENDIME
)
@btc_logistics
Humbled to hear that. Will post updates as I sort this out. Right now, Amazon direct publishing has been the easiest solution. Will make it available once I have the three notebooks published. In the mean time you can get the PDFs here
Business owners.....5 minutes is all you need to set up a
#Bitcoin
POS on your phone.
1. Setup a wallet to self-custody funds
2. Setup POS using
@SwissBitcoinPay
3. Accept
#Bitcoin
Are you willing to invest 5 minutes to earn
#Bitcoin
?
Visual
#Bitcoin
Dictionary
What the heck is a hash? Can you smoke it? It's a function that takes an input of any length and outputs something of fixed length.
An eventful couple of days for us:
-Anuja presented at a meetup in Kampala
@GorillaSats
@BitcoinKampala
-Santosh visited a
@GridlessCompute
facility in Kenya
We had to split up to be in two places at once!
3 months ago, we onboarded a local laundromat to accept
#Bitcoin
He now comes to
@Juicyb_shop
to spend his hard-earned sats!
As
@femilonge
would say - let's provide infinite ways to earn and spend sats
🚨 30 Day Whiteboard Challenge 🚨
Day 10 (Dec 30): Onboarded a laundromat in Kampala! You can now get your laundry done with
#Bitcoin
Here is his pay code if you'd like to welcome him to
#Bitcoin
- nvlaundry
@blink
.sv
More to come from myself and the gents from
@GorillaSats
!
While everyone is talking about the exchange rate, our customers are buying juice and earning
#bitcoin
through our loyalty program! (Collect 5 stamps and receive 1000 UGX in
#bitcoin
)
1 BTC = 1 BTC
#JuicyB
+1 - got a fresh cut before the mall, paid my barber in sats
+1 - gave a stranger at the barber shop their first sats, explained
#Bitcoin
and it's scarcity
+4 - gave a group of people at the mall their first sats
@walletofsatoshi
Total
#Bitcoin
Interactions: 26
100 Day
#Bitcoin
Challenge (Day 27-28)
Took this to the library, 2 people asked questions but security told me I can’t be marketing on the property. Weirdly, security was okay if the sign faced the street. I figured the library of all places would be okay but haters gonna hate!
Growing up in the middle east, remittance was very important for my dad and every other foreign worker.
Remittance companies have robbed the purchasing power of these workers through exorbitant fees.
In 2022 fees accounted for ~$48 BILLION!!
#Bitcoin
gives us an alternative.
Does your partner know how to access
#Bitcoin
cold storage?
Mine didn’t! I decided to change that this weekend.
She tried to avoid it because “she wasn’t feeling it"
I asked: “If I died, you’d lose
#Bitcoin
, are you okay with that?”
She immediately agreed LOL 🤣
…🧵
Starting to consolidate my notes focusing on
#Bitcoin
for businesses. Have you ever wondered what happens in the background when you pay with your card? Do you know how many entities are involved? Did you know the merchant doesn’t get paid immediately!
Having worked in financial services has helped me better objection handle when people shit on
#Bitcoin
You’ve heard of bail-outs, but have you heard about bail-ins? I only recently learned about this.
You probably have seen KYC a lot. It's the requirement for service providers to verify the identify of their customers. If you'd like to remain anonymous, use non-KYC services.
Proof of Work (PoW) is such an important aspect of
#Bitcoin
that many don't understand.
In simple terms, computers have so solve a complex problem in order to add blocks to the blockchain. When blocks are added
#Bitcoin
are created....for now....until we hit the 21M mark!
100 Day
#Bitcoin
Challenge (Day 35)
I met with a realtor yesterday who happens to be a real estate developer and investor. Invariably I brought up
#Bitcoin
, and through that conversation something profound hit me.
#Bitcoin
is verifiable, digital soil!
🚨 30 Day Whiteboard Challenge 🚨
Day 10 (Dec 30): Onboarded a laundromat in Kampala! You can now get your laundry done with
#Bitcoin
Here is his pay code if you'd like to welcome him to
#Bitcoin
- nvlaundry
@blink
.sv
More to come from myself and the gents from
@GorillaSats
!
@afribitcoiners
Got v2 of my book printed to help beginners BUT seeing
@BrindonMwiine
and
@afansabila
join my
#Bitcoin
whiteboard shenanigans was the highlight!!
If you'd like to join, grab a whiteboard and hit the streets or your neighborhood, or any place you feel comfortable to start!
Juicy B - est 826,727
Anuja,
@BrindonMwiine
@afansabila
and I launched a
#Bitcoin
focused juice shop to enable
#Bitcoin
within the community and showcase it as a model that other businesses can leverage!
We’re on a mission to make
#Bitcoin
nutritious!
NEW:
#Bitcoin
is causing MASSIVE amounts of pollution and has become a major roadblock in our fight to phase out fossil fuels. So we teamed up with
@thevonwong
to create this giant 💀 with laser eyes to help us raise awareness and spark change.
WATCH and SHARE:
I have never passionately studied any topic in my life as much as I have
#Bitcoin
. I will always remain a humble student.
How has
#Bitcoin
changed you?
Visual
#Bitcoin
Dictionary
Soft fork is a backward compatible change. Nodes and miners can choose whether or not to adopt the changes. Soft forks result in a temporary blockchain divergence, which resolves itself as the majority of the network adopts the new rules.
Having worked in banking, I've realized how much the cards are stacked against small business owners. They are on the hook for interchange fees, chargebacks and don't have immediate custody of funds!
#Bitcoin
gives them an alternate path. Visual notes on the topic.....
The evolution of my
#Bitcoin
visuals! 🤓
Working on book
#2
(last one in the video below), consolidating all my notes (Current state, Bitcoin, Lightning, Businesses, NOSTR, Glossary) ~200 pages.
What are common issues you hear fam/friends say about
#Bitcoin
?
When I'm on the street, common things I hear are...
-Scam
-Not physical
-Too volatile
-Where can I spend it?
-Govt will ban it
My responses.....🧵
Day 2 in Cape Town so far
- sunrise hike with
#Bitcoin
whiteboard
@DrLuke_B
@ColeTU
(2 Yes, 1 Not Sure)
- tipped server in sats
- someone overheard and asked about
#Bitcoin
(they got their first sats on ⚡️)
- tipped barber in sats
“When Deeds speak, words are nothing”
@studentofbtc
will get hurt by the smallest absence of real work. You are missing out if you don’t follow him
He has a Great Story that he is not shy to tell.
BITCOIN
•Yes | •No
Our
#Bitcoin
pilgrimage would not be the same without these kind and wonderful souls!
First
@KalKassa
in 🇪🇹(we presented to 100+ students)
Now
@MasterGuantai
in 🇰🇪(received us with breakfast and flowers)
Every student of
#Bitcoin
should read the white paper!
If that seems like a daunting task, I've illustrated it to simplify the concepts and make it easier on the eyes.
You can find it here for free:
Celebrated Women’s day with these incredible kids in Uganda
Lots of dancing, laughing & discussing the importance of understanding menstrual cycle & learning how to make reusable pads!
Thank you
@btc_dada
for organizing 💜
🙏🏽
@BitcoinKampala
@GorillaSats
for the experience
How quickly has your node downloaded the blockchain?
-A year ago: Umbrel took me ~6 days
-6 months ago: Bitcoin Core took me ~7 days
-This week:
@start9labs
took ~ 24 hours 🤯
Don't know what black magic they've done, but I like it!
PS. same internet for the three attempts
Visual
#Bitcoin
Dictionary
What is fiat? Is it that small car...?
Fiat currency is a government-issued currency that is not backed by a physical commodity, such as gold or silver. Its value is derived from the government's authority and the trust that people have in it.
A visual summary of what has happened recently. There is a lot of FUD out there right now. Ask questions, and try to learn with an open mind. Everyone is willing to help.
After a decade of corporate life, my wife and I have embarked on a
#Bitcoin
pilgrimage worldwide. We wish to visit many communities and share their stories along the way! Look forward to inspiring more students and pushing Bitcoin payments
If you liked this visual explanation, check out my notes on
#Bitcoin
for Beginners. A visual guide to explain the basics of Bitcoin. It's FREE so everyone has an equal opportunity to learn about
#Bitcoin
Visual
#Bitcoin
Dictionary
UTXO...da fk? It an acronym for Unspent Transaction Output, refers to the leftover
#Bitcoin
when a transaction takes place.
If Jane has 1 BTC (input) and sends 0.5 BTC to John
Output 1 (utxo) = 0.5 BTC for Jane
Output 2 (utxo) = 0.5 BTC for John
📍Calgary -> Kampala
8 months ago I spoke with
@BrindonMwiine
for the first time. He was inspired by my whiteboard to bring it to the streets of Kampala.
Today we united our two whiteboards in front of Makerere University (Uganda's largest university)
🚨 30 Day Whiteboard Challenge 🚨
30 days, 30 mins/day, one whiteboard
Day 1 (Dec 21): 📍Makerere University (Uganda)
A student stopped to ask 'What is
#Bitcoin
'
We explained some basics and gave him 5000 UGX
@blinkbtc
to get a cut at a barber who accepts
#Bitcoin
Visual
#Bitcoin
Dictionary
Cryptography is a method to secure information through the use of codes.
It's has been around for centuries, with the ancient Greeks using the scytale to encrypt messages.
What is the most uncomfortable situation you’ve put yourself in during your
#Bitcoin
journey?
Personally, the first time I held the
#Bitcoin
whiteboard at a mall I felt anxious, nervous and a little insecure.
Second time around, it was a total 180, I felt energized and excited!
Visual
#Bitcoin
Dictionary
What is a fork? Is it a utensil?
It's a change in the rules of the
#Bitcoin
protocol made by the community since
#Bitcoin
is open source.
More to come on hard/soft forks....
🚨 30 Day Whiteboard Challenge 🚨
Day 5 (Dec 25): Xmas day! We stayed at home all day to enjoy the BBQ
@manlikekweks
organized.
We focused on the chefs and I spoke with them while cooking.
@MasterGuantai
and
@manlikekweks
had a deep convo in Swahili to describe
#Bitcoin