It all began with a sheriff from Illinois declaring that a certain kind of commerce defied morality.
Visa and Mastercard caved in to economic censorship and overnight thousands of single mothers across the USA and the world were left without a way to provide for their families. Posting ads to BackPage.com was how they provided for themselves and their children. Society had forgotten about them and they had to take care of themselves. Banks did not see them and they did not have bank accounts. An invisible class was forced to venture into the Bitcoin wild west.
Their journey was initially a nightmare as buying bitcoin quickly is known to be riddled with scams and frustration for even technical people. Now that a largely nontechnical community had to do this as a matter of survival it shed a bright light on the entire bitcoin process, revealing it to be almost completely broken for the mainstream buyer. It was only because of the unyielding determination of these amazing ladies and the compassion of the bitcoin community that we raced to success. What we learned showed us all the work that must be done.
Making Bitcoin soccer mom ready is the KILLER APP
Bitcoin will succeed not because of superior technology but because of a gras roots crowd sourced movement that will go down as the biggest and most successful social movement in human history.
The BackPage Effect is living proof of the power of this movement. It took bitcoin over five years to crack into it’s first mainstream user base and while it was ill prepared for a user experience standpoint the entire bitcoin community rallied forth to make it work and support these newcomers with compassion and genuine concern.
All throughout the country and the world bitcoin meetups are embracing the BackPage community and making the effort to show them how Bitcoin works. Such a community effort hasn’t been seen for sometime. We are so used to getting our education for corporations, television or central authorities and now it is going peer to peer. This is the start of something big.
The American Petro dollar has been on life support for sometime. We all know that it would take only one major geopolitical event to radically shut the balance of the worlds currency ladder. A single black swan from Russia or China could put an end to the petro-dollar, then where would the world turn ? With the demise of the petro-dollar all other fiat currencies would also take an immense hit, thus gold, silver and bitcoin will remain. Gold and silver hold value well but they are not suitable for fast international commerce, bitcoin was made for that.
The ripples will come fast and furious and once they do they will not stop, It will be a test of endurance to keep the world supplied with bitcoin, we must be ready, as a startup, as a community and as a movement.