โก๏ธ Trade Bitcoin with anyone.
๐ Trust the math, not a middleman.
โป๏ธ A chama is an East African savings circle โ neighbors who pool their money and settle on trust. Chama gives that same circle to the whole world, except here the trust is cryptographic.
๐ธ Buy and sell Bitcoin, goods, and services peer-to-peer behind an escrow that no company can freeze, seize, or switch off โ because there is no company in the middle.
โ No server. No "Chama Inc."
โ Just you, your counterparty, your community, and Nostr.
If I say to you:
โOpen a bank account (if you can) in order to receive your salary thereโ.
Somehow we all feel safe right? ๐๐
However if I tell you:
โGive me your salary and Iโll keep it on your behalf until you can open a bank accountโ.
Somehow that feels risky right? ๐๐
WHY IS THAT?
๐(Now would you change your answer if Iโm a trusted family member?)
I wonder if Satoshi knew most bitcoiners would use Centralized Exchanges instead of even the old custodial Wallet of Satoshi...
Can we just trade with one another? Or we need Binance, Strike et al?