X Kweks is embarking on a unique and original effort to promote cryptocurrency. He managed to raise more than $1,700 in Bitcoin through crowdfunding. The funding was intended to cover the costs of a climb up Kilimanjaro. He also announced the creation of a new Bitcoin education academy in Tanzania.
X Kweks' background and the creation of POWA
X Kweks and his wife recently moved to Tanzania. They have opened a learning center called "Proof of Work Academy" (POWA). The school's name is a play on words, referring to Bitcoin's consensus protocol, known as proof-of-work, as well as the Swahili word "Poah", meaning cool or fresh.
Raising funds with satoshis
To promote the new school while discreetly supporting decentralized protocols, Kweks financed the ascent using satoshis or sats. These are the smallest units of Bitcoin. Donations were received from all over the world via the participatory funding platforms Geyser Fund and Zapraising via Bitcoin Lightning Network.
- The funds raised not only covered the costs of the climb, but also had an educational impact by introducing Tanzanians to Bitcoin.
- The success of the fundraiser demonstrated to the local community that there is worldwide support for the educational work carried out by Kweks in Tanzania.
Bitcoin adoption in Tanzania and challenges encountered
During this ascent, several Tanzanians asked about the financing of the venture and what Bitcoin was. Although X Kweks had previously lived in the UK for 25 years, it's true that the adoption of Bitcoin there was different.
In this African country, one of the main challenges facing cryptocurrency enthusiasts is converting Bitcoin into local currency. However, an interesting anecdote occurred during Kweks' ascent. He received a Bitcoin tip from one of the guides, indicating a gradual adoption of cryptocurrency in Tanzania.
Educating Tanzanians about Bitcoin
To effectively educate people about cryptocurrencies, it's important to use terms that are relevant to them and linked to their daily lives. We could refer to rising bread or fuel prices. This kind of educational approach needs to be shared and explored further.
Conclusion
This bold initiative by X Kweks demonstrates that some people are willing to climb mountains, literally. The aim was to raise awareness of the opportunities and benefits offered by cryptocurrencies like Bitcoin.