How A $5 Bitcoin Purchase Cascaded Into A $1.5 Million Viral Movement

October 5, 2022

Any regular individual– and by “regular” I mean not a demented, dark tetrad Bitcoin fanatic– would not have actually batted an eye, however those of us that are familiar with Bitcoin Twitter understand that the community, like Bitcoin itself, is an unstoppable force even through a bear market. In 8 weeks those participating in the Stackchain went from having purchased a mere $5 of bitcoin to a tremendous $1.5 million of bitcoin cumulatively, or in bitcoin terms, from accumulating a couple of thousand sats to over 7.5 billion sats (75 bitcoin). Here are a few projects the Stackchain has actually donated to: Stacks For Bitcoin Beach: An initiative where Stackchainers raised over $6,000 to assist fund Bitcoin education in El Salvador.Link to ingrained Tweets one and two.The Flashstack For Bitcoin Ekasi: The contributions funded the purchase of ~ 30 phones for kids in an African town so that they could have the chance to learn about Bitcoin by working for and making rewards in Bitcoin.Link to embedded Tweet.Flashstack For Hodlonaut: Stackchainers raised several thousand dollars using the tag #Stacks 4Hodlonaut to assist fund Hodlonaut in his legal fight against Craig Wright, aka Faketoshi.Link to embedded Tweet.Rules And Stackchain Improvement Proposals (SIPs)Stackchains ruleset continues to grow. For a deeper dive into the ruleset and Stackchain apps examine out our GitHub here.Three Important Stackchain Components To Remember: StackjoinsA stackjoin is when numerous plebs integrate their Bitcoin purchases so that the amount of all the purchases equates to the stack height.

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Any routine individual– and by “regular” I mean not a demented, dark tetrad Bitcoin fanatic– would not have actually batted an eye, but those of us that are familiar with Bitcoin Twitter know that the community, like Bitcoin itself, is an unstoppable force even through a bear market. In eight weeks those getting involved in the Stackchain went from having actually bought a simple $5 of bitcoin to a massive $1.5 million of bitcoin cumulatively, or in bitcoin terms, from collecting a few thousand sats to over 7.5 billion sats (75 bitcoin). Here are a couple of jobs the Stackchain has actually contributed to: Stacks For Bitcoin Beach: An effort where Stackchainers raised over $6,000 to help fund Bitcoin education in El Salvador.Link to embedded Tweets one and two.The Flashstack For Bitcoin Ekasi: The donations funded the purchase of ~ 30 phones for kids in an African area so that they could have the chance to discover about Bitcoin by working for and earning rewards in Bitcoin.Link to ingrained Tweet.Flashstack For Hodlonaut: Stackchainers raised a number of thousand dollars utilizing the tag #Stacks 4Hodlonaut to help fund Hodlonaut in his legal fight versus Craig Wright, aka Faketoshi.Link to ingrained Tweet.Rules And Stackchain Improvement Proposals (SIPs)Stackchains ruleset continues to grow.