• Anita Posch is the founder of Bitcoin For Fairness who educates people about financial sovereignty and why it is important to use non-custodial tools, such as Lightning wallets.
• There is resistance to change habits when it comes to using custodial services, but it is important for people to understand the difference and make their own decisions.
• It is essential for Bitcoin educators to show people how they can take control of their finances by using self- custody tools, emphasizing the importance of ownership.
Understanding Financial Sovereignty
Anita Posch is the founder of Bitcoin For Fairness and an educator who helps interested people gain an understanding of why Bitcoin is important on a personal and global level. She focuses on teaching people about financial sovereignty, which can only be achieved by controlling one’s own funds through self custody and privacy tools. To test if these non-custodial wallets are feasible in difficult settings like rural Zimbabwe with low internet connectivity, she set out on a mission.
Resistance To Change Habits
Posch has encountered statements claiming that newbies need easy-to-use custodial services otherwise they would be overwhelmed by Bitcoin. However, she believes this mentality could prevent them from reaching financial sovereignty as custodial users may not be aware of the risks they are taking or understand what true ownership entails. It’s therefore crucial for educators to explain why self custody matters if we want more people to take control of their finances and join the crypto space.
Making Newbies Familiar With Tools
Once users become familiar with the concept of self custody and its advantages over custodial services, they need support in finding suitable tools that match their needs and preferences. Educators should present different options while highlighting both pros and cons so that users can make informed decisions before onboarding onto any platform or wallet service. At this stage, it’s also essential to stress that if someone uses a custodial service, they are not financially sovereign since they depend on third parties for access to their funds at all times.
Test In Rural Zimbabwe
To find out if non-custodial wallets work in places with limited internet access, Posch conducted her own test in rural Zimbabwe using mobile data networks which had poor connection speeds throughout her experiment. This data serves as valuable information for anyone looking into creating successful onboarding processes for those without access to reliable banking systems or existing infrastructure – a situation faced by many around the world today due to inequality gaps between nations or regions within countries themselves.
Conclusion
At its core, this article speaks directly towards creating more financial freedom through education about self custody tools versus custodial services – both making sure everyone understands why ownership matters when deciding how you want your money managed while also helping them find solutions tailored towards their individual needs in order to achieve success with cryptocurrency investments securely and privately regardless of where you live or what resources you have available locally