💪🏼 Ossification

DriveChain Could Ossify Bitcoin’s BlockChain For Good
By Nikata Chashchinskii

The ossification of Bitcoin is a key to guaranteeing its sound money properties: security, immutability and incorruptibility. However, not allowing Bitcoin to change in the future could end up being a double-edged sword. Anything that cannot undergo change is destined to fail.
Bitcoin requires a mechanism for change and adaptation to achieve victory in the competitive environment it lives in. But, at the same time, sound money has to be unchangeable by the subjective perspective of any single person.
With Drivechain we have a way to reconcile our two “irreconcilable” requirements of change and security. We can preserve Bitcoin’s trustless and distributed nature, and at the exact same time, we can ensure that, in the future, we would be able to adapt as required.

🌍 Education In Africa

Bitcoin Ekasi Launches Financial Education Center In South Africa
By Shawn Amick

This is the story of Bitcoin Ekasi, a circular bitcoin economy located in South Africa. The non-profit organization has recently opened Bitcoin Ekasi Center, providing financial literacy and bitcoin for local youths, entrepreneurs and businesses.
As of today, Ekasi has already onboarded 10 local businesses to bitcoin in the area, and signed 20 youths up for their education center, with plans for expansion. In just a year of Bitcoin Ekasi's inception, the team has already witnessed financial empowerment through Bitcoin, and improvement in unrelated social issues.
Some people still think of Bitcoin as a "get rich quick scheme," despite living in a world were money is corrupted. Ekasi reminds us that there is a group of people who are determined to build themselves a better future and better societies through education and a sound monetary system.
As people often say: fix the money, fix the world.

📰 THE DAILY BITS

Why Celsius Exposed User Information And What You Can Do About It
By Namcios

Celsius, a cryptocurrency lending firm currently undergoing bankruptcy processes, was obliged to expose customer information as part of its restructuring process, given the necessary transparency demanded by U.S. law.
Revealing such sensitive information is a terrible privacy violation for Celsius’ clients. Celsius itself put forward the argument that their former customers could become targets of “identity theft, blackmail, harassment, stalking and doxing.”
The author of this article reviews the Celsius narrative and evaluates what can be done to mitigate some threats for those doxxed users. The right to privacy should not be seen as something law-abiding citizens don’t need but rather as the very right that enables all the others.

MEME OF THE DAY

By Michael