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Scott Wolfe
scottwolfe@primal.net
npub15m9y...q643
Coordinator @FBCE / Board Member @TPBInc / Operations Lead @BitcoinCoalitionCA / I work at the intersection of political-economic analysis, disruptive technology, community development and social impact with emphasis on upstream action.
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Scott Wolfe 5 months ago
Excellent article by Christian Catalini. I believe that Tempo will ultimately fail, despite the massive amount of PR/marketing capital that Stripe can deploy. Bitcoin has been firmly established as the FTP of value exchange / money over the Internet. Layer 2 and 3 solutions (Lightning, Ark, Lightspark et al) are already scaling over the bedrock of Bitcoin as the Layer 1 blockchain. More L2s and L3s will emerge. Interoperability, layering, and competition among these layer 2 and 3 solutions is the crucible for excellence and global scaling. I believe that the critical blind spot for Stripe and other crypto payment tokens is that they are biased by their primary (almost exclusive) base in large capital markets AND the built in limitations of centrally-controlled deployment strategies. What Stripe and crypto token leaders do not grasp is that while they were in their corporate strategy rooms and labs concocting plans, the Bitcoin base layer was achieving escape velocity as the global base protocol (ie, the FTP). They also missed that layer 2 and 3 solutions were already being introduced and stress tested in many places far out of sight from Silicon Valley strategy rooms: in the markets and on the streets of Africa and Latin America; among diverse networks of human rights activists and others circumnavigating capital controls and censorship; and, at the desks of small business owners and other entrepreneurs insightful enough to see niche, early-mover opportunities presented by Bitcoin (what @Peter McCormack coined as the Bitcoin “cheat code”). Ultimately, what enabled and will continue to cement the role of Bitcoin as the base protocol — the layer 1 blockchain — for digital payments is the fact that it is open-source, decentralized, and globally distributed. My prediction: within the next few years the ghost of Libra will have a fresh companion in the ghost of Tempo. https://www.forbes.com/sites/christiancatalini/2025/09/05/stripes-tempo-and-the-ghost-of-facebooks-libras-past/
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Scott Wolfe 5 months ago
The Trans Africa Tourism & Unity Campaign is a beautiful idea. They’re not on Nostr but they are on X (@TransAfricanc). Let’s get them onto a Bitcoin standard, which is perfect for the vision and mission of the initiative. ABOUT: 🚐 39 countries. 163 days. 1 bold mission: A visa-free Africa where borders don’t divide us — they connect us. 🌍 Join the Trans African Tourism & Unity Campaign as we drive unity, tourism & trade across the continent. image
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Scott Wolfe 6 months ago
I’m definitely guilty of fading away from Nostr until I’m reminded why it is so important. I’ll do my best to be more consistent over here and to try to advance use by more than just fellow Bitcoiners! Have a great day Nostriches! image
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Scott Wolfe 6 months ago
Country rankings. Top 100 public companies holding #Bitcoin #BTC treasury reserves. 1. 🇺🇸 (33) 2. 🇨🇦 (18) 3. 🇯🇵🇨🇳 (7) 5. 🇬🇧 (6) 6. 🇩🇪🇸🇬🇭🇰🇰🇷 (3) 10. 🇸🇪🇫🇷🇳🇴🇹🇭 (2) 14. 🇧🇷🇹🇷🇦🇺🇦🇷🇲🇹🇪🇸🇦🇪🇯🇪 (1) image
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Scott Wolfe 6 months ago
Just listened to Pete Rizzo’s interview with Michael Terpin: While it was excellent overall, there was one thing that I want to respectfully push back on. In discussing Bitcoin and/vs crypto, Michael notes that he looks at Bitcoin as "store of value" and the rest of crypto as "innovation". I feel very strongly that this is a narrative that is not only mistaken but against which we must push back (again, all respect to Michael). I ask: innovation toward/for what? When I look out at the vast landscape of crypto, what I see is a network of projects guided by technological determinism and engineering masturbation. Projects that extol the virtue of innovation but offer up self-referential loops of engineering gymnastics garnished with flourishes of Web3, DeFi, Blockchain (all rhetorical devices). So what is innovation? Well, I believe that it is something that moves us -- humanity -- into a new stage of development, of growth. One can argue over the etymology of the term "innovation" (see etymonline.com/word/innovation), however, I believe strongly that the restoration and renewal to which it speaks is a profoundly humanistic one, focused on virtue and evolution. In its beautiful simplicity and what it offers us -- the ability to communicate truth, trust, value and meaning across time, space and culture (h/t to @Ella Hough and @Troy Cross) -- Bitcoin exudes innovation. It enables and ushers us into renewal, restoration, growth, and evolution across multiple domains of existence. The manifest distinction between the self-referential, technological determinism of "crypto = innovation" and "Bitcoin = innovation" is that the latter ultimately makes human action and relationships the locus of activity. We are not anticipating salvation and surrendering ourselves to the tool, we are employing the tool (whether consciously or not in all instances) as a tool for human renewal and growth. We are re-ordering and re-constructing the architecture of human relationships. We are re-fashioning how we "communicate truth, trust, value and meaning across time, space and culture". As far as what this looks like, well, I see it play out in multiple domains. It is evident in opportunity afforded mothers in Kenya participating in @Bitcoin Babies 🍼 who employ Bitcoin as means to re-claim their rightful, virtuous place within community and to restore and empower community in the process. I see it play out in the growth of children participating in @BitcoinEkasi who are moving toward an increased expression of their human potential against the heavy weight of oppressions that time and history have assigned to them at birth. I see it in the almost unimaginable spark of self-determination that is being realized in high Andes Mountain communities through @Motiv'S work. And so on, and so forth across community-based projects and human rights cases harnessing Bitcoin. Those of us privileged to live in Canada, the U.S. and other more affluent countries can also witness the innovation of Bitcoin is the unprecedented potential it offers many individuals and groups to climb the hierarchy of needs against the headwinds of social distress either caused by or exacerbated by debt-money. For instance, the opportunity afforded a GenZ-er to realistically plan for the sorts of life goals/goods (home ownership, financially sustainable family life) that were once simply taken for granted by most. In this respect, one can argue that "store of value = innovation". I don't want to get bogged down in semantics nor over-extend this analysis. What I do want to get across is that we must actively resist the Siren call of crypto as innovation. Yes, the "Bitcoin is digital gold" analogy is useful and has some applications...but it only scratches the surface and is utterly inadequate at capturing the many overlapping circles of innovation that Bitcoin achieves or births. Bitcoin is a store of value. Bitcoin is a medium of exchange. Bitcoin is a unit of account. Bitcoin is a network. Bitcoin is a protocol. Bitcoin is a map and the territory. Bitcoin is innovation and gives rise to innovation. Let us not neglect the staggering beauty of this exquisite phenomenon. Let us not surrender the human story and evolution which Bitcoin exalts. Let us not relinquish the rightful claim to innovation which is Bitcoin and is set forth through Bitcoin. 🙏🧡
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Scott Wolfe 6 months ago
Years before Satoshi Nakamoto shared the Bitcoin White Paper, Tracy Chapman was already singing about the need for Bitcoin (BTC) and to establish a new, global paradigm for the human race.
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Scott Wolfe 6 months ago
It’s an honour to be participating in @Africa Bitcoin Conference's Diaspora Conference #ABCD2025 in Boston this August. I’m excited to share insights regarding the growth of Bitcoin circular economies throughout Africa, the impact they are having for financial inclusion and community development, and the work of @Federation of Bitcoin Circular Economies and partners to advance this beautiful movement. 🌍🙏🧡 ——————— We are excited to announce that Scott Wolfe will be one of the speakers at the Africa Bitcoin Conference Diaspora in Boston, USA! Scott Wolfe is Global Coordinator for the Federation of Bitcoin Circular Economies (FBCE), an international network of community-based projects advancing the adoption and use of Bitcoin as a tool for financial inclusion and community economic development. In addition to his work with FBCE, Scott is the operational lead for the Bitcoin Coalition of Canada and a Board Member of The Progressive Bitcoiner, a U.S.-based not-for-profit organization which advances education and research promoting the role of Bitcoin in financial inclusion, economic empowerment, and social and environmental good. Prior to dedicating himself to Bitcoin and human development efforts in 2023, Scott worked in the global health and community health sectors for over 20 years. He served as Executive Director of both the Canadian Association of Community Health Centres and the International Federation of Community Health Centres; Director of Global Policy for the International Association of Providers of AIDS Care; and, Communications Advisor for the Pan American Health Organization. He is based in Toronto, Canada. Don’t miss any of his speech at the ABCD, Get your tickets now and enjoy 30% off afrobitcoin.org/abcd/ #ABCD2025 #Bitcoin #AfricaBitcoinConference #BostonUSA #ABC image
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Scott Wolfe 6 months ago
With all due respect to any OG Bitcoiner who may be selling Bitcoin due to disenchantment, I would humbly say that this is a lack of focus and perspective. Every day, I have the honour via @Federation of Bitcoin Circular Economies of connecting with local projects around the world that are living out the vision of “peer-to-peer electronic cash”. Freedom money. 100 sats here, 1000 sats there. A local barber, taxi driver, cattle rancher, or corner store on-boarded to Bitcoin. A group of children receiving and then spending sats as reward for their participation in an educational program. A mother saving sats for her child’s future schooling costs. On and on, far away from the boardrooms of Wall Street, the original vision for Bitcoin is very much alive, thriving and growing through local Bitcoin circular economy projects. So, to anyone lamenting the entry of large financial institutions to the Bitcoin ecosystem and the #hodl only mentality, I respectfully say: you’re not looking in the right places. Tune into circular economies and the #spedn vibe. Take a step back, look at and support local Bitcoin circular economy projects. You can find them all listed on fbce.io and you can find how to donate to them (multiple options) via our partner website at bitcoinconfederation.org/explore. If the entry of large institutions to Bitcoin frustrates you, if you feel that the soul of Bitcoin is in jeopardy, help the amazing people on the ground in communities around the world who are bringing the Bitcoin white paper to life every single day. Please follow and support @Federation of Bitcoin Circular Economies to help us bring Bitcoin circular economies to scale over the months and years ahead.
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Scott Wolfe 6 months ago
2025/07/19 ❌Them vs ✅ Me ❌ Fiat vs ✅ Bitcoin
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Scott Wolfe 6 months ago
It’s true. As former Senior Vice President (Canada Region) for Blockbuster, I have no way to prove or disprove claims that anyone may make regarding former employment with us. image
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Scott Wolfe 6 months ago
Hubris (a short story) In the year 2029, the global economy trembled—not from war or pandemic, but from a quiet revolution that had been gathering beneath the surface like tectonic pressure. The story began a decade earlier. @Microsoft, @Apple, @Google, and the other titans of Silicon Valley were basking in record profits. Their balance sheets overflowed with trillions in cash and equivalents, most of it parked in U.S. Treasury bonds—low-yield, “safe,” and endorsed by decades of convention. CFOs nodded confidently at board meetings. Risk was for startups. Stability was strategy. But a storm was building, and they refused to look up. In a small but growing corner of the global economy, something different was taking root: Bitcoin. While the tech elite dismissed it as volatile, slow, or worse — a haven for libertarians and groups trying to go around institutions — it kept humming along, block by block. @MicroStrategy, a company dismissed as a curious footnote on @CNBC, quietly continued converting its balance sheet into Bitcoin. Others followed, slowly, and then into a growing wave. Sovereigns too: El Salvador, Bhutan, then Brazil, Czech Republic, and more. A parallel system was forming, one that operated beyond borders, beyond central banks, and beyond the cautious worldview of the titans of corporate America. By 2027, inflation had returned—not the kind central bankers claimed to control, but the kind that eroded real wages and made corporate bonds unattractive. U.S. debt spiraled as interest payments surpassed defense spending. Apple’s $200 billion in cash began to shrink—not in numbers, but in purchasing power. They were rich, yes. But so was Rome, once. Still, they didn’t move. Why risk headlines for a speculative asset? Why anger investors stuck in the modalities of the past, those convinced by Charlie Munger, Warren Buffett and other investing giants of the past that this Bitcoin thing was a speculative fad? Why rock the boat when the tide had always lifted them? Because tides change. When the dollar crisis hit in 2029, it wasn’t sudden. But the consequences were. Treasury yields spiked. Foreign investors and stable-coin companies dumped U.S. debt. The Fed, cornered, scaled up its money printing. The world finally noticed that the emperor’s currency had no clothes. Meanwhile, Strategy’s balance sheet exploded in value, as did those of other corporations that joined the early wave of Bitcoin Treasury Companies. Once small-cap and mid-cap firms, these companies now dwarfed the giants of the past. Countries lined up to mine, secure, and settle in #Bitcoin $BTC. A new monetary standard emerged—not by decree, but by demand. At an emergency summit in Davos, the CEOs of the world’s largest firms gathered in panic. Microsoft’s CFO whispered, “We should have bought Bitcoin back when it was under $100K.” Apple’s board, once lauded for its caution, found itself questioned by shareholders who watched their cash erode in real time. The corporations that once shaped the world had missed the future by clinging to the past. It wasn’t lack of information. It wasn’t bad luck. It was hubris. And hubris, history reminds us, is always punished in the end. $MSFT $AAPL $GOOG $NVDA $TSLA $NFLX
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Scott Wolfe 6 months ago
Many an athlete was made in the process! 🤣 image