Thread by @marcrjandrew

Bitcoin is good for the world.

And it's especially good for the developing world.

It's the first major technology in history to disproportionately help those who need it most.

And the Lightning Network is about to supercharge it all.

A short 🧵 on global #LN adoption:

First off, credit to @lightning & @RyanTheGentry whose content inspired this post.

They reviewed emerging communities in LN adoption across every major continent, and I've compiled it in a thread below.

Sign up to their newsletter if you haven't yet!

lightninglabs.substack.com

@lightning @RyanTheGentry First, the state of Lightning:

Public network capacity rose 50% in 2022, and has increased by 373% since early 2021.

What's driving this growth in a bear market?

Emerging markets.

@lightning @RyanTheGentry The next century's great economic story will be Africa.

And #bitcoin will be central to that story.

Want proof? Make plans to attend the Africa Bitcoin Conference later this year, convened by @Farida_N

afrobitcoin.org

Their '22 agenda was the best in the business.

@lightning @RyanTheGentry @Farida_N There are so many amazing projects and communities taking shape in Africa.

@Obi and @bernard_parah, of course.

Also @_BitcoinMt in Cameroon
@BitcoinEkasi and @BitcoinWitsand in South Africa
@Kiveclair_En in Congo
@VillageBitcoin in Nigeria

@raypaxful's work everywhere.

@lightning @RyanTheGentry @Farida_N @obi @bernard_parah @_BitcoinMt @BitcoinEkasi @BitcoinWitsand @Kiveclair_En @VillageBitcoin @raypaxful Want to see Lightning in action in Africa?

Here's @ElleMouton using LN to for her groceries in South Africa:

https://twitter.com/ElleMouton/status/1587872199960141826?s=20&t=iD1p_iUy95HnL-7Q5Vl6HA

@lightning @RyanTheGentry @Farida_N @obi @bernard_parah @_BitcoinMt @BitcoinEkasi @BitcoinWitsand @Kiveclair_En @VillageBitcoin @raypaxful @ElleMouton From Africa to Asia....Lightning is about to surge to Vietnam.

Know who leads the world in cryptocurrency adoption?

Vietnam is #1. The Philippines is #2.

blog.chainalysis.com/reports/2022-g…

@lightning @RyanTheGentry @Farida_N @obi @bernard_parah @_BitcoinMt @BitcoinEkasi @BitcoinWitsand @Kiveclair_En @VillageBitcoin @raypaxful @ElleMouton It's awesome to see a new #LN focused event taking shape in Da Nang - the first in SE Asia.

Why would you not attend this?

Credit to @neutronpay and @subnetmask for launching it.

https://twitter.com/neutronpay/status/1613022747277553665?s=20&t=ftYXQh6bXsK8tgMuAjuiIg

@lightning @RyanTheGentry @Farida_N @obi @bernard_parah @_BitcoinMt @BitcoinEkasi @BitcoinWitsand @Kiveclair_En @VillageBitcoin @raypaxful @ElleMouton @neutronpay @subnetmask The Lightning Network is taking off in Thailand.

@umbrel of course is based in Chiang Mai.

A Thai LN marketplace on FB has over 11k members.

And several groups are emerging in Bangkok dedicated to scaling LN nodes:

https://twitter.com/BOBSpace_BKK/status/1576162003701624832

@lightning @RyanTheGentry @Farida_N @obi @bernard_parah @_BitcoinMt @BitcoinEkasi @BitcoinWitsand @Kiveclair_En @VillageBitcoin @raypaxful @ElleMouton @neutronpay @subnetmask @umbrel The Philippines is an emerging giant in Bitcoin.

Strike just announced it as their newest market, working with @Pouch_PH.

It's second in the world in crypto adoption, and it's a huge remittances market.

technode.global/2023/02/01/uss…

@lightning @RyanTheGentry @Farida_N @obi @bernard_parah @_BitcoinMt @BitcoinEkasi @BitcoinWitsand @Kiveclair_En @VillageBitcoin @raypaxful @ElleMouton @neutronpay @subnetmask @umbrel @Pouch_PH And of course, Latin America!

El Salvador is only one piece.

#LN communities are emerging in every nation.

- @bitcoinlake in Guatemala
- @BitcoinJungleCR in Costa Rica
- another @BitcoinBeachBR in Brazil

And of course the OG @Bitcoinbeach itself.

@lightning @RyanTheGentry @Farida_N @obi @bernard_parah @_BitcoinMt @BitcoinEkasi @BitcoinWitsand @Kiveclair_En @VillageBitcoin @raypaxful @ElleMouton @neutronpay @subnetmask @umbrel @Pouch_PH @bitcoinlake @BitcoinJungleCR @BitcoinBeachBR @Bitcoinbeach This is all just to remind those of us stuck in our North American and European silos that #bitcoin is a truly global phenomenon.

And as @starknes1 argues "Necessity is the mother invention".

Bitcoin is a tool with immense utility - and optimism - for the developing world.

@lightning @RyanTheGentry @Farida_N @obi @bernard_parah @_BitcoinMt @BitcoinEkasi @BitcoinWitsand @Kiveclair_En @VillageBitcoin @raypaxful @ElleMouton @neutronpay @subnetmask @umbrel @Pouch_PH @bitcoinlake @BitcoinJungleCR @BitcoinBeachBR @Bitcoinbeach @starknes1 Thanks for reading!

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And follow for more content on bitcoin's path to mass global adoption.

https://twitter.com/marcrjandrew/status/1621324679167332353