Can Bitcoin save lives? yes!!!

P2P and Hawala are systems that operate as free money transfers during the most critical moments of your life, allowing for the transfer of money without its physical movement and the need for banks. These methods have a deeply rooted history and have positively impacted society since the 8th century. This system helps millions of people worldwide pay bills, feed their families, and maintain basic life necessities daily, not just in third-world countries. When combined with Bitcoin, this system is extremely efficient and resilient.

The Universal Declaration of Human Rights speaks, among other things, about the right to an adequate standard of living. However, ensuring an adequate standard of living requires financial resources to purchase food, water, and secure safe housing. Increasingly, we are witnessing how banks and governments indirectly violate and hinder these fundamental human rights with their actions, such as freezing accounts, withholding financial assets, and the like. This restrictive behavior doesn’t only affect individuals but entire nations, like Pakistan when the Taliban took power. One of the first actions was to freeze the financial assets of all Pakistani citizens, leaving them unable to meet these basic human needs. We’re talking about millions of innocent women, children, and the elderly. A similar situation occurred at the beginning of the war in Ukraine, where banks were closed, traders turned off their POS terminals, and ATMs were empty within 4 hours of the war’s outbreak.

I personally witnessed this during the onset of the Ukraine war and became a victim of this bank run. Believe me, there’s nothing worse than finding yourself with your 1-year-old child and a wife who relies on you, in a city being bombed, with people dying around you, without access to your money, and unable to even buy gasoline to flee such a place. Fortunately, I had Bitcoin and knew the P2P trading community, but without BTC, I would’ve been trapped in a city where the Russians killed and tortured several of my friends. But back to the article, in which I want to show how strong and resilient BTC is in combination with HAWALA or P2P transfers. Sadly, people get enticed by low fees and use exchanges like Binance, which are heavily centralized, and as history has shown us, that’s always, damn, a bad idea.

But to change this, it’s mainly up to us, developers and exchange owners, to create products that are simple and cheap, just like Binance, for example. Below, I will explain how hawala works; try to imagine it combined with Bitcoin, resulting in an extremely secure, fast, and flexible payment method. With it, payment methods could be combined, and Bitcoin would serve as a medium and ensure the transfer

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The key to the freedom and prosperity of communities lies in the free transfer of money without restrictions and sanctions, and that’s where we must begin. If we allow sanctions and various constraints to be applied and expanded, affected communities will drown in poverty and scarcity. As we know, nothing breeds violence more than poverty and deprivation. It’s no coincidence that countries and communities with high poverty rates are significantly affected by crime and violence, spreading beyond impoverished areas. Hence, this situation affects us all.

Combining Bitcoin with hawala offers the best support mechanism we have for economically supporting countries that need it most. That’s why we, at ( I won't write it as a company so the admin doesn't consider it as advertising. ) , have introduced BMT (Bitcoin Money Transfer), which combines and leverages the best features from the world of cryptocurrencies and money transfers.

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