Support the ministry of Bitcoin for Missions
Problem: Financial transactions in developing nations are often complex, expensive, or unsafe, with challenges ranging from cross-border payments and fund accessibility to proving asset ownership and battling inflation. These difficulties also present significant barriers to missions, notably the hardship of transferring funds into restricted access nations, raising adequate support for Global South workers, or conducting financial activities anonymously in regions under strict government surveillance. These obstacles can slow mission progress, disrupt operations, and even place workers at risk, creating an urgent need for better financial solutions.
Opportunity: Bitcoin, with its decentralized, secure, and inflation-resistant nature, can solve these issues. As a payment network, it enables global monetary transfers without intermediaries. As an asset, it offers a secure and appreciating investment unaffected by nation-state policies. In many ways, the developing world is ahead of the western mission world in understanding Bitcoin's potential, using it to handle financial difficulties in broken regimes. This includes refugees carrying non-confiscatable assets, women engaging in commerce outside exclusionary systems, or rural communities being electrified via Bitcoin mining. The mission community has a significant opportunity to leverage Bitcoin's growth for the Great Commission impact.
Solution: Our approach involves identifying innovative missionaries and partners in financially repressive contexts, exposing them to the Bitcoin network as a multifaceted financial empowerment solution, and coaching them through a design process to launch Bitcoin-powered prototypes for Great Commission purposes. This project involves researching Bitcoin use cases, developing partnerships, building a faith-driven team, recruiting and empathizing with mission practitioners, and hosting collaborative design labs. We believe this is an opportune time to pioneer this initiative given Bitcoin's immense growth and the current global inflationary conditions.