Bitcoin: A peer to peer electronic cash system
I have a hunch that a fair number of those who read this document know where the preceding statement originated. For those who are unaware, it was the title to Satoshi Nakamoto’s 2009 whitepaper, in which he layed out his proposed ideas for the now infamous Bitcoin. Fast forward to the present day, nine years into the life of now the worlds longest lasting cryptocurrency. Ignore the thousands of other cryptocurrencies, for the sake of this review. Cast aside all the negative news, the insane price cycles, the stories of rags and the stories of riches. I would like you to just focus on the title of Satoshi Nakamoto’s whitepaper, and the incredible power Bitcoin has to change the monetary and physical world.
This is not an evangelical post about the meaning of the whitepaper. This is a review of a service. I believe that JFGI.cc ( twitter @jfGi) in its simplest form is an execution of the title of the Bitcoin Whitepaper.
@jfGi offers users a way to link a mobile telephone number or a twitter handle to a bitcoin address. In a few simple steps an individual can be connected to the millions of wallets in the bitcoin network. The user can now give out his jfgi.cc/username to receive payments/donations, a far simpler process than providing a public wallet address. As an American, @jfGi might seem trivial. After all we have services like Cash APP and Zelle to conveniently transfer funds. However this luxury is only available to the banked world. @jfGi has the power to reach anyone with an android phone. This opens up a world of possibilities for those in the developing world who need access to capital, or payment for goods/services.
I have linked my twitter handle and my mobile to my Bitcoin address using the jfGi.cc service. The entire process was quick and painless. It was set up within 5 minutes. I tested out my new link and it opened up my Coinbase app to the transaction page. My btc address was already plugged in to the recipient field. The whole setup was smooth and intuitive.
I am excited to see where @jfGi goes. As of writing the company is still in its infancy, currently beta testing its products. I believe that startups that bring people in contact with the world economy have incredible potential. I would urge anyone who reads this to check out jfGi.cc or contact the team at @jfGi on twitter. Explore and imagine the world you can get yourself involved in.
If y’all want to send me bitcoin, you can at jfgi.cc/uytcow . I won’t complain
*not financial advice