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A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
A @GoFundMe campaign raised more than £55,000 for a Gaza family trying to escape the war.
Most of the money raised never reached them.
Banking rules and sanctions prevent direct payouts in Gaza, so the funds had to go through an intermediary. When that arrangement collapsed, the family was left without the support raised for them.
Bitcoin platforms like Agora and Geyser send funds directly to recipients’ own wallets, using community verification instead of giving control to a single intermediary.
Read how these tools are helping people in crisis.
My latest piece in Forbes featuring @SoapboxTech @geyserfund @ODFoundation @HRF.
forbes.com/sites/digital-…View quoted post on X
