03-30 00:23 - 'Crypto COVID-19 Help' (self.Bitcoin) by /u/isysd removed from /r/Bitcoin within 0-9min
Share your ideas and resources for using crypto to help with the global fight against COVID-19 and the economic intervention.
While everyone is talking about COVID-19 aka coronavirus, the contribution of the crypto community has so far been largely disorganized and reactionary. While some individuals and teams are taking action, most people on this subreddit and elsewhere seem more concerned with price speculation and finding ways to turn the crisis into profit. As far as I've seen, there has been no concerted effort or discussion on how we can use blockchain and cryptoeconomics to directly mitigate the damage. Rather than losing sight of those asking how or actively trying to help, lets use this thread to track all of our efforts, and organize our labor and funding to maximize our impact. Crowdsourcing like crypto should be!
To keep things organized and constructive, please follow this code of conduct. I will update the sections below with upvoted resources that meet these requirements.
Treat each other like capable humans, each eager to help the others.
Any ideas and other creative work should be offered as free and open source.
Do not speculate on or try to profit by trading the crisis.
Try to offer solutions that can be completed quickly, openly, within this community. i.e. applying existing tools and proven tech, not creating a new blockchain
Keep an open mind for any other parties willing to collaborate, including governments, banks, etc.
Lets identify and describe problems that are or will occur due to COVID. Classify the problems by if and how blockchain technology could be applied to them.
Use computing cycles to test proteins for application in COVID medicines.
Donate crypto to non-profits to help with COVID.
Use blockchain to track and validate COVID status.
Businesses are losing credit as the fractional reserve credit system freezes up.
Central Bank Digital Currencies are sanitary and universally accessible, even during lockdowns.
Websites and Communities
There are number of existing communities like this one that are already organizing to help. They are not very engaged with the crypto community so far.
Help With Covid
COVID-19 projects looking for volunteers
Thousands of engineers volunteering to help with COVID.
Crowdsourced document to gather information which main purpose is to help startups and companies that are affected by the current restrictions due to the global COVID-19 outbreak.
COVID-19 COMMUNICATION INSPIRATION CHALLENGE
There are a number of hackathons being organized, especially by European governments, and private corporations. Programmableweb is hosting an [updated list]5 . Rather than reproducing that here, I think it is better to read their list, and email the editor indicated at the bottom with new events. [link]13
CBDC aka Stablecoins
Issue central bank and/or gov. backed stablecoins. | U.S. Stimulus bills and other gov. proposals. Under active consideration by dozens of governments around the world. Let us know if your government is considering this, and what they need! A leading company in this space is bitt, and they have an excellent [CBDC hub page]6 .
Data Sharing and Analysis
This is one of the most active fields of volunteering, but so far it has not been tied to blockchain in any live systems.
SSI Covid Test Results
Verifiable test results
Tracking test results
Grants and Funding
The potential for funding is quite obvious since ICOs are one of the top uses of crypto so far. Some existing platforms have already made funding windows available, but surely we could create more specialized vehicles if we put our heads together.
Protocol Labs Open Innovation Grant
''' Crypto COVID-19 Help Go1dfish undelete link unreddit undelete link Author: isysd 1: help*ithco*id*co*/ 2: ww*.he*pf*le*gin*er*ng.*rg/ 3: docs*goog**.com/*ocument/d/10tO*Ct*iur*W***9k*PdumKU8I*D*qL5F*9**9*YT*w/ 4: w*w.*p*nideo.*om/*hallen*****iefs*covi*1*-comm*nication-challe**e 5: www.progra*mableweb.*om*ne**/*ev*lo*er-hackat*on**to-*o*b*t-*ovid-1*/re*ie*/*0*0/0*/*6 6: *ww.b*tt*com/*bdc-*ub 7: w*w.*itt.c*m*cbdc-*ub 8: www*fo*bes.*om/s*t**/*aso*brett/2020/03*23/*ew*coronav*rus-*t*mulus*bill-i****du*es-*igital***llar-an*-d*gita**d*l*a*-wa*lets/#*081*2*94bea 9: www.**e*tre*la*c*m***/econom*a/*00325*c*d*la-funcionara-*arj*ta-*e*ito*recibi* 10: f*ghtt*e*iru*.wo*ld 11: *or*n*-trac**github.*o/ 12: *rot*col*abs.sma*pl*.io*prog/cov*d-*9_ope*_in*****ion*grants/ 13: www.p*ogr*mmablewe*.com/*ews/*e*eloper-*ac*athons-t*-c**bat*c*vi*-*9*r**i**/*020/03/*6 Unknown links are censored to prevent spreading illicit content.
Before the end of 2016, a countries central bank will officially add bitcoin to their basket of reserve assets. Inevitability in action.
In the same way, and for the same reasons as it is smart for an individual citizen to hold a small amount of bitcoin. It is more so the case for central banks to hold a small amount as part of their reserve assets. The same phenonemon that naturally took place over the past 5 years with individuals is about to take place with central banks asset reserves. Once the first central bank makes the move, the game is on, and what central bank on the planet would want to risk getting left behind on the train that could completely destroy their countries balance sheets if it succeeds. Kudos Barbados! Lead the charge!
A few of you in the bitcoin community know that my partner and I are from the island of Barbados and we are aiming to launch our Caribbean exchange (caribcoin.com) in the second quarter of 2014. We have been working hard with each island's government, central bank and financial commissions to acknowledge, accept and classify bitcoins in the Caribbean. One of our greatest resources has been the Opposition Leader of the Barbados Government, Mia Amor Mottley. Ms. Mottley has provided us with valuable support, networking, insights and resources to help us understand the regulatory frameworks and propose amendments to accommodate for cryptocurrencies in our legislation - a lot of work happens behind closed doors to get this magic internet money regulated by governmental bodies! Mia like many of us, is forward thinking and sees bitcoin as a unique opportunity to help the average Barbadian access a global trade system. Our two teams have been working over the last few months to structure bitcoin into our economy and I have had the pleasure of working with some of Barbados' brightest econometric minds who address bitcoin as a vessel to save our island's dwindling foreign reserves. The problem is our country is currently being run by another party called the DLP (Democratic Labor Party) and they are destroying our island! They are literally destroying our GDP, Investment Rating, Foreign Reserves, Job Security, cost of living, printing money and the list goes on! Our island needs the confidence in the leadership we once had so that we can begin to see growth again. The entire island is desperately waiting for someone like Mia Mottley to take the helm of our government and lead us forward into calm waters. You guys can help by raising awareness to what is really happening on our sunny island and let the world see what happens when a corrupt government prints money to pay its debt. We need the Barbados public to see bitcoin as another solution to our growing and inflating problems. Bitcoin may not be the full solution but it is definitely a great start to market freedom of the Barbadian people. Here is a public press statement that was made just hours ago by Mia Mottley: http://www.youtube.com/watch?v=fshQnslSUc4 Edit: I removed the donation request until I get proof. Edit 2: Poor title - can't edit it.
The company also founded the first bitcoin exchange in the island nation in early 2015. In December 2015, two Barbadian economists recommended that the Central Bank of Barbados invest and hold a small portion of Bitcoin as a part of its foreign reserves, speculating that the cryptocurrency could become a key currency in the future. Adoption Barbados Bitcoin. Two prominent economists in Barbados have published a paper, aimed at the Central Bank of their country, that makes a very compelling argument for holding bitcoin ... Breaking Bitcoin News; EC-Dollars DXCD: Central Bank of Barbados issues cryptocurrency. March 8, 2019. 7458. Share. Facebook. Twitter. ReddIt. Telegram. Pinterest. WhatsApp. Advertisment. Eastern Caribbean Central Bank (ECCB) and Barbados-based fintech company Bitt Inc. (Bitt) have signed a contract to conduct a pilot project for the Central Bank Digital Currency (CBDC) in the East Caribbean ... The Central Bank of Barbados is considering to include cryptocurrencies in the portfolio of international reserves according to its latest document drafted by Winston Moore and Jeremy Stephen. Most central banks worldwide maintain a portfolio of assets which include gold, foreign exchange and internationally recognised reserve assets to allow countries to settle international transactions ... The first scenario, where it is assumed that 0.01 percent of reserves were invested in bitcoin or any other of the other major currencies held by the Central Bank of Barbados from November 2010 to April 2015, suggest that the volatility of reserves would have been quite similar over the period. However, the bitcoin reserves at the end of April 2015 would have been $291,926 – more than 20 ...
Ending e-Commerce Inertia in Barbados: Blockchain and Digital Currency - Risks and Opportunities
Gabriel Abed, founder of Bitt.com and Vice President of the board of directors, describes how he went from mining Bitcoin to persuading governors of central banks to not quash Bitt's goal to ... THANKS FOR WATCHING! JOIN THE WAITLIST FOR THE NEW UPHOLD CARD!! https://uphold.com/en-us/debit-card?k... BUY A HARDWARE WALLET: https://shop.ledger.com/prod... Presentation by Oliver Gale of BITT at the Central Bank of Barbados and Financial Services Commission's 2015 Domestic Financial Institutions Conference. The Annual Central Bank Meets Blockchain Conference is returning on the 10th September, 2019. The conference will be held at The Hilton Resort, Bridgetown Barbados. The conference seeks to educate ... Governor Haynes delivers the Central Bank of Barbados' review of the economy in the first six months of 2020 and takes questions from the media.