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        <title><![CDATA[Stories by Dishant Bisht on Medium]]></title>
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            <title>Stories by Dishant Bisht on Medium</title>
            <link>https://medium.com/@dishantparasf?source=rss-3d951a6c0b75------2</link>
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            <title><![CDATA[Bitcoin Strategic Reserve : India and its pivotal opportunity]]></title>
            <link>https://medium.com/@dishantparasf/bitcoin-strategic-reserve-india-and-its-pivotal-opportunity-8e47302869ec?source=rss-3d951a6c0b75------2</link>
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            <category><![CDATA[strategic-reserve]]></category>
            <category><![CDATA[indian-economy]]></category>
            <category><![CDATA[bitcoin]]></category>
            <dc:creator><![CDATA[Dishant Bisht]]></dc:creator>
            <pubDate>Wed, 26 Mar 2025 20:10:22 GMT</pubDate>
            <atom:updated>2025-03-26T20:10:22.115Z</atom:updated>
            <content:encoded><![CDATA[<h3>Bitcoin Strategic Reserve : India and its pivotal opportunity</h3><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*1u2x7DWk4PdKSwiV9I8Jcw.jpeg" /></figure><p>Bitcoin is the first Proof of Work concept which converts electrical energy into a digital asset. This technology is by far most advanced computing system that humanity has seen and yet not understood by many in terms of its importance in dying economies across world. This paper will cull out important aspect of Bitcoin and introduce in laymen terms to general public why Bitcoin is relevant as a strategic reserve for our country and how we can achieve it without spending any tax payer money.</p><p><strong>What is Bitcoin?</strong></p><p>Bitcoin is a peer to peer decentralized payments network on distributed computing system. That’s is too heavy definition for anyone who does not understand what a computer is and how its work. Bitcoin uses computational power of a computer ( Graphic Processing Unit or GPUs) to solve a complex mathematical problem every 10 minutes. This problem is solving to find a large enough prime number, ( do not assume only one participant is involved) , this complex problem is open for all miners to solve the solution and whoever solves this get rewarded with Bitcoin presently 3.125 Bitcoin.</p><p>Satoshi Nakamoto , the anonymous founder of Bitcoin , created a digital ledger that is not controlled by any central authority, manages transactions on a peer to peer basis and allows every participant to check, validate each transactions without the need of any central authority. This ledger maintains transactions on a digital ledger which is distributed across globe and anyone can own this digital ledger by downloading it on their hard disks, which is commonly known as a Bitcoin core program. Hence making it much more decentralised as everyone starts owning a Bitcoin core program.</p><p><strong>Year 2025 and Bitcoin Journey so far</strong></p><p>In 2008 , Satoshi Nakamoto , launched the Bitcoin white paper which brings about why this protocol is required and what issues it solves. It basically removes double-spend of money on internet protocol, on a peer to peer basis, which means clean money directly from one person to another without any requirement of any middle man interference or approval. Banks can do it better? You can bet me and other community members , banks only makes things worse, but that is not our today’s conversation. Since 2008, Bitcoin has only gained value in price, its relevance and computational power (800exa-hash per second).</p><p>2025, is the biggest year for Bitcoin as United States of America announced this asset as “Strategic Reserve” for their nation and will continue to stock as many Bitcoin as possible. Why is this relevant? Bitcoin is the only scarcest asset that it etched in time unlike ‘Gold’ which is etched inside earth. You can mine as much gold as possible by mining and finding new mining sites or other planets as well. But humans cannot travel time and mine Bitcoin from future. With almost 19 million Bitcoin in circulation and announcement of Strategic reserve by one of the leading countries of world, race to acquire Bitcoin has begun, participants of this race includes, nation states, billionaires, millionaires and everyone around the world.</p><p>There are not many Bitcoin that are left for people to acquire , then why as a country India has failed to capitalise this opportunity of having a pool of Bitcoin as a reserve for a country that’s decentralised to the core. Why have our leaders failed to recognise the future of technology and dicuss it in open forum. Problem that i see is lack of education and too much noise on our internet domain, people who understand are happy with it and does not care about the situation as such they will set themselves free one day or the other ( Bitcoin moving up from current price action).</p><p>My endeavor is to from this paper is to advice PMO and financial institutes including MoD to start mining Bitcoin without putting burden on national economy. The method is simple, to use available resources and push sudden and instant national efforts towards recognizing Bitcoin as most sound form of money and pool in energy resources both natural and artificial to mine Bitcoin and keep doing it until year 2035 ( year when 99% of supply is out). The initiative required from government is immense and should be unhinged by any actions from public, institutes or firms. India has to go all in to save Rupee by mining Bitcoin. A brief of how we can achieve this mega step without spending any tax payer money :</p><p>Indian Army by virtue is decetralised and located across India and next to key hydro projects, natural energy resources in Himalayan belt like hot water geysers and other natural / artificial energy resources. Aim is to make each Army commander establish a Bitcoin mining farm by pooling in money from all regiments under his command which otherwise is used to create Fixed Deposit in banks and nothing else. There will be no increase in load to existing electricity grid as suggestion will be to acquire cheap electricity by incentivizing hot springs along borders, run off water electricity, natural gases etc (this is to explore other cheap energy resources readily available) a rough calculation and esitmate for India to hold atleast 50000 Bitcoin by 2035 is given as under :</p><p>To mine 50,000 bitcoins by 2035, we estimate the total bitcoins to be mined globally from March 2025 to December 2035, approximately 10 years. Given the Bitcoin halving schedule (current block reward 3.125 BTC, halving around March/April 2028 and 2032), and assuming 144 blocks per day, the total is approximately 945,000 BTC over 10 years. To mine 50,000 BTC, India needs about 5.29% of the global hash rate.</p><p>As of March 24, 2025, the global hash rate is approximately 876 EH/s (<a href="https://ycharts.com/indicators/bitcoin_network_hash_rate">Bitcoin Network Hash Rate Daily Insights</a>). Initially, India needs 0.0529 * 876 ≈ 46 EH/s in 2025, scaling to 927 EH/s by 2035, assuming a 35% annual growth rate (based on recent trends). The average hash rate required over 10 years is estimated at 293 EH/s for India.</p><p>Energy consumption, using an efficiency of 22 J/TH (21.69 W/TH/s based on global averages), is calculated as follows: Initial power need is 46,344,000 TH/s * 22 W = 1,020 MW, growing to 20,394 MW by 2035. Total energy over 10 years, assuming exponential growth, is approximately 565.9 TWh, rounded to 560 TWh for simplicity, aligning with scaling estimates.</p><p>Suggested locations for each mining hub , it can be located at a much better location with alternate energy resoruces available in the country.</p><ul><li><strong>(Udhampur):</strong> Puga or Chumathang in Ladakh, utilizing geothermal energy.</li><li><strong>(Chandimandir):</strong> Manikaran or Vashisht in Himachal Pradesh, leveraging hot springs.</li><li><strong>(Lucknow):</strong> Tapovan in Uttarakhand, using geothermal resources.</li><li><strong>(Kolkata):</strong> Yumthang in Sikkim, with geothermal potential.</li><li><strong>(Shimla):</strong> Near Tattapani, Himachal Pradesh, using local geothermal energy.</li><li><strong>(Pune):</strong> Lonavala, Maharashtra, relying on grid or renewables due to limited geothermal access.</li><li><strong>(Jaipur):</strong> Mount Abu, Rajasthan, using grid or solar, as geothermal is less viable.</li></ul><h4>Role of Geothermal Energy from Himalayan Hot Springs</h4><p>The user highlighted utilizing hot springs in the Himalayan belt to power mining rigs, reducing grid reliance. Geothermal energy, derived from Earth’s heat, is harnessed through hot springs, with India identifying 340 sites, about half in the Himalayan region (<a href="https://gokulamseekias.com/mains-c-a/geothermal-energy-in-india/">Geothermal Energy in India</a>). The Geothermal Atlas of India 2022 estimates a 10,600 MW potential, with significant resources in the Northwest-Southeast Himalayan Arc (<a href="https://www.shankariasparliament.com/current-affairs/geothermal-energy-in-india">Geothermal Atlas of India 2022</a>).</p><p>Specific sites include Puga and Chumathang in Ladakh (potential up to 250 MW), Manikaran in Himachal Pradesh, and Yumthang in Sikkim. However, current development is limited, with a stalled 1 MW project in Puga (<a href="https://dialogue.earth/en/energy/prospects-and-challenges-of-indias-first-geothermal-plant/">Prospects and challenges of India’s first geothermal plant</a>) and a 20 kW pilot in Telangana, due to high upfront costs and environmental concerns.</p><p>By 2035, with ambitious targets (e.g., 10,000 MW by 2030 from <a href="https://www.thinkgeoenergy.com/india-sets-ambitious-target-for-geothermal-development-by-2030/">India sets ambitious target for geothermal development by 2030</a>), geothermal could supply, say, 5 GW, covering part of the 20 GW needed. Cost savings are estimated at 0.043 USD/kWh compared to grid (assuming geothermal at 0.08 USD/kWh), potentially saving 20–30 billion USD over 10 years for 30% of power.</p><p><strong>Cheap Energy Grid — Bitcoin mining</strong></p><p>As India, dives deep into mining Bitcoin , the desire to find more energy will automatically increase. Creating a eureka moment, which forces everyone to get indulged in mining Bitcoin by finding alternate source of energy. So far, most of the energy demand has been to feed big cities, industrial areas , wasting energy, and with advent of Artificial Intelligence , we as a nation can contribute much more to sound Bitcoin mining without was energy resources.</p><p>India has diverse electricity sources that can support Bitcoin mining, particularly given the need for at least 50,000 BTC by 2035, requiring significant energy (estimated at 560 TWh over 10 years). The cheapest options include:</p><h4>Solar Power</h4><p>Solar power stands out with recent auction tariffs as low as ₹2.51/kWh in 2023, making it highly cost-effective for energy-intensive operations like Bitcoin mining. States like UT Ladakh, Rajasthan and Gujarat, with high solar potential, are ideal locations.</p><h4>Wind Power</h4><p>Wind power tariffs were around ₹2.91/kWh in 2023, offering another low-cost option, especially in windy regions like Tamil Nadu and Gujarat, where infrastructure supports large-scale wind projects.</p><h4>Hydro Power</h4><p>Hydro power, particularly in northern and northeastern states, costs around ₹3–4/kWh, leveraging India’s abundant water resources for reliable, low-cost electricity, suitable for continuous mining operations.</p><h4>Biogas and Other Alternatives</h4><p>Biogas power, estimated at ₹5–6/kWh, is viable in rural areas with organic waste, while coal, with costs around ₹5/kWh for new plants, remains competitive but less sustainable, especially given environmental concerns.</p><h4>Regional Opportunities</h4><p>From Ladakh, with its high solar potential, to southeastern and western states, India can utilize regional strengths. Ladakh’s solar farms and northeastern hydro projects offer cost advantages, enhancing national energy infrastructure through mining-related investments.</p><p>Pricing of these resources hardly matters, as more and more people join this initiaitve, India will automatically create an independent source of energy. Post 2035, after acquiring 50,0000 Bitcoin, India will detach itself from mining part and use this energy in providing free electricity to all citizens , (if its possible) , or meet its energy requirement.</p><p><strong>Why Army?</strong></p><p>As a nation needs, neutral institute to guard its borders, so the need is felt holding of most precious asset should be with Indian Army only with multisig wallets so that no central control 50000 Bitcoin exist, neither for the armed forces or central government. This will instill faith of people of India in both government and military organization and foster harmony between the two.</p><p>By nature of deployment, Army is the only organization that has access to remote area with rich energy resources which are still untapped. This initiative will bring in cheap energy alternatives for nation that is in dire need of fresh energy resources. Also bring in development in remote areas where life seemed impossible. This initiative will also help troops in reducing dependencies on fossils for warming and heating during peak cold seasons in remote areas.</p><p><strong>When Should we Start?</strong></p><p>Bitcoin mining should begin as you are reading it, there are not much time left, if as a nation state, we dont add atleast 50000 Bitcoin by 2035, we will face a bitter reality in times to come.</p><p>As USA, announced Bitcoin as a strategic reserve the balloon of hoarding Bitcoin into treasury for big firms, companies, nation states has already gone up. There are only 21 million Bitcoin and 99% of Bitcoin will be in supply by 2035.</p><p><strong>Conclusion</strong></p><p>I as a citizen who understands Bitcoin , wants our central institutes to kindly consider this approach. This is just a draft paper with loads of missing pieces , this will need much more deliberation facts, figures and contribution from all stakeholders from PMO office, to ministry of energy, education, finance, security, defense.</p><p>This by no means is a easy pill to swallow amidst whatever is going on in our nation, but this is the only way out for a depreciating Indian Rupee year after year. There is no intrinsic backing to our Rupee, we are 140 crore people and if we work for ourselves selflessly we might change course for our future generations and make a decentralised nation state finally after Independence. Road to glory is never easy, it goes through tremendous hard work, serving equality not based on caste creed or religion but by making everyone equal.</p><p>Jai Hind.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=8e47302869ec" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Ordinal Strategic Reserve]]></title>
            <link>https://medium.com/@dishantparasf/ordinal-strategic-reserve-1f5a7e969e93?source=rss-3d951a6c0b75------2</link>
            <guid isPermaLink="false">https://medium.com/p/1f5a7e969e93</guid>
            <category><![CDATA[bitcoin]]></category>
            <category><![CDATA[bitcoin-strategic-reserve]]></category>
            <dc:creator><![CDATA[Dishant Bisht]]></dc:creator>
            <pubDate>Tue, 04 Mar 2025 12:07:37 GMT</pubDate>
            <atom:updated>2025-03-04T12:07:37.922Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*P_Nm4F5ZTB7NGX4ZmwMmSw.jpeg" /><figcaption>Seal of 100K</figcaption></figure><p><em>Deifinition : </em>A <a href="https://en.wikipedia.org/wiki/Strategic_reserve"><strong>strategic reserve</strong></a> is the reserve of a commodity or items that is held back from normal use by governments, organizations, or businesses in pursuance of a particular strategy or to cope with unexpected events.</p><p>Ordinals being the first ever protocol by Casey has stood test of times and endured rigorous pain and massive development in recent years.</p><p>There’s astronomy related to Bitcoin thanks to Erin and her collection, there’s time to time update from all managers about what good and what’s bad. Everyone in this space is doing something or the other, then why do projects get involved in what good or what&#39;s bad, maybe there’s no good or bad, maybe there’s a different way to look at it.</p><p>Inscription numbers are attached to a Satoshi, just like your service number or your citizen number, so if that be the case , is there a possibility of having two same service number and individuals being exactly the same? No, is the answer, what if, we look each satoshi differently, which means, each satoshi is unique, and dont forget power of recursion, imagine all these satoshis can produce an infinite canvas of Art on Bitcoin.</p><p>My proposal here is or my thought process here is, seeing the difficulty in market and keeping up for founders is not easy, not everyone can afford web2 and web3 at the same time with the same efficiency. If I look at ordinals and everything in it , I see it as beautiful Satoshi&#39;s are being discussed or talked about and then they fade, why not founder keep a fee, a minute fee which while minting gives an opportunity to founders to establish a Reserve of digital artifacts streaming from a Satoshi. A reserve which consists of hard work of someone else. As a founder, its my duty to help support other communities and founders with all my abilities and community. Its a simple game Give, give whatever u can , things will change by giving.</p><p>I personally have added plenty of projects to my Ordinal Strategic Reserve :</p><p><a href="https://x.com/hootertech">HootersTech </a>— Giving Zero Knowledge services to holders of $HOOTER token and wallet tracking capabilities, several tiers based services also being given, founder @2satsmaxi</p><p><a href="https://x.com/RebelSocietyBTC">@RebelSociety</a> Inners launched as a free mint and a very vibrant young bold art, they already have goodies and services in place</p><p><a href="https://x.com/Pepe_Ordinals">@pepeordinalmaxi</a> Another cool collection with bold pepe art</p><p><a href="https://x.com/Basedhomiesbtc">@Basedhomiesbtc</a> A derivative of Based Angels , if angels exists why not Homies</p><p><a href="https://magiceden.io/ordinals/marketplace/10_times_ordinals_came_back_to_life_book">10 times ordinals were dead</a></p><p><a href="https://x.com/ordenza_btc">Ordenza </a>— tribute art to Fidenza’s by Tyler Hobbs</p><p>I would be further delving on how this reserve will help me and other build subsequently, all this ecosystem wants is to provide your talent to this network, build your own IP as a community and onboard more people every year.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=1f5a7e969e93" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Almora Bitcoin City]]></title>
            <link>https://medium.com/@dishantparasf/almora-bitcoin-city-f5d3a729cf63?source=rss-3d951a6c0b75------2</link>
            <guid isPermaLink="false">https://medium.com/p/f5d3a729cf63</guid>
            <category><![CDATA[runes]]></category>
            <category><![CDATA[global-warming]]></category>
            <category><![CDATA[bitcoin]]></category>
            <category><![CDATA[power-to-the-people]]></category>
            <category><![CDATA[ordinals-protocol]]></category>
            <dc:creator><![CDATA[Dishant Bisht]]></dc:creator>
            <pubDate>Mon, 24 Jun 2024 05:13:55 GMT</pubDate>
            <atom:updated>2024-06-24T05:13:55.823Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*ffc2yf6nIyrVsZDGugBm1g.jpeg" /><figcaption>Almora City amidst the Mighty Himalayan Ranges</figcaption></figure><p>The concept of Almora Bitcoin City presents a unique and innovative approach to addressing the pressing issues of climate change and ecosystem degradation in the Kumaon region of the Himalayas. By integrating the principles of decentralization and leveraging the power of Bitcoin as a local currency, this initiative aims to bring about sustainable growth and regeneration of the ecosystem while promoting a closer connection between humans and nature.</p><p>At the heart of this visionary project lies the idea of utilizing Bitcoin not just as a financial instrument, but as a tool for fostering environmental stewardship and community engagement. By making Bitcoin a central element of the ecosystem restoration efforts in Almora, the initiative seeks to empower individuals to contribute to the restoration and preservation of the delicate ecological balance of the region.</p><p>Through the implementation of the Rune protocol on the Bitcoin network, participants from around the world can come together as volunteers to actively participate in the reforestation and conservation efforts in Almora. By dividing volunteers into two groups for different deployment periods, the initiative ensures a continuous and sustained focus on ecosystem restoration throughout the year.</p><p>Moreover, by emphasizing a lifestyle that is in harmony with nature and encouraging volunteers to live off the land, the initiative promotes a deeper understanding of and respect for the environment. By immersing participants in activities that foster a closer connection to the natural world, such as trekking, cycling, rock climbing, and exploration expeditions, the initiative aims to instill a sense of responsibility and stewardship towards the ecosystem.</p><p>By combining the innovative use of Bitcoin as a local currency with a holistic approach to ecosystem restoration and community engagement, the Almora Bitcoin City project represents a pioneering model for leveraging technology for environmental conservation and sustainable development. Through this initiative, individuals can not only contribute to reducing global warming but also actively participate in building a more resilient and regenerative future for the Himalayan region and beyond.</p><h3>Proof-of-Action (PoA) Token Model for Almora Bitcoin City</h3><h4>Introduction</h4><p>The Proof-of-Action (PoA) Token Model lies at the heart of the Almora Bitcoin City project, acting as a powerful incentive mechanism to drive positive environmental change in the Kumaon region of the Himalayas. By rewarding participants for their proactive contributions towards ecosystem preservation and enhancement, this model not only fosters a culture of sustainability but also leverages blockchain technology for transparency and accountability.</p><h4>How It Works</h4><ol><li><strong>Action Registration and Submission</strong>:</li></ol><ul><li>Participants begin their journey by registering their environmental actions through the user-friendly Almora EcoToken platform. Whether it’s planting trees, cleaning water bodies, attending eco-workshops, or engaging in community clean-up drives, every action counts.</li><li>Through a simple interface, participants document their actions with geotagged photos and detailed descriptions, providing tangible proof of their efforts.</li></ul><p><strong>2. Action Verification and Approval</strong>:</p><ul><li>Once actions are submitted, they undergo a meticulous verification process overseen by local supervisors. These supervisors play a crucial role in ensuring the authenticity and impact of each registered action.</li><li>By upholding rigorous verification standards, the integrity of the PoA Token Model is maintained, guaranteeing that rewards are allocated fairly to deserving participants.</li></ul><p><strong>3. Token Issuance and Distribution</strong>:</p><ul><li>Upon successful verification, every participant will be awarded with an ordidnal to their registered taproot addresses, which will assit in rewarding participants with Almora Bitcoin City Runes, the native digital currency of the Almora Bitcoin City ecosystem.</li><li><a href="https://x.com/OrdinalSigmaX">OrdnalSigmaX</a> facilitates the seamless distribution of runes to participants’ by staking on Layer 1, ensuring prompt and secure transactions.</li></ul><p><strong>4. Utility and Exchange</strong>:</p><ul><li>Almora Bitcoin City Runes serve as a versatile currency within the Almora community, offering participants a range of options for utilizing their rewards.</li><li>Whether it’s redeeming runes for eco-friendly products, trading them for other cryptocurrencies, or converting them into fiat currencies, participants have the flexibility to leverage their rewards as they see fit.</li></ul><p>5. A broad example of how PoA could help in reduction in carbon emission on a small scale and how our reward model looks like :</p><p><strong>Planting a Tree:</strong></p><ul><li>Assume that planting a single tree sequesters approximately 48 pounds (22 kg) of carbon dioxide per year on average.</li><li><strong>Tokenomics:</strong></li><li>Each tree planted by an individual earns them a certain number of Almora Bitcoin City runes based on the long term environmental impact of the action.</li><li>For example, let’s say planting a tree earns the individual 10 Almora Bitcoin City runes.</li><li><strong>Carbon Emission Reduction:</strong></li><li>The amount of carbon dioxide sequestered by planting a single tree can be converted into metric tons for better comparison.</li><li>1 metric ton = 1,000 kg = 2,204.62 pounds</li><li>Therefore, planting a single tree sequesters approximately 0.022 metric tons of carbon dioxide per year.</li></ul><p>Now, let’s calculate the correlation:</p><ul><li><strong>Planting a Tree:</strong></li><li>Carbon dioxide sequestered per tree per year = 48 pounds = 0.022 metric tons</li><li><strong>Tokenomics:</strong></li><li>Runes earned per tree planted = 10 Runes</li><li><strong>Carbon Emission Reduction per EcoToken:</strong></li><li>Carbon dioxide reduction per EcoToken = Carbon sequestered per tree / runes earned per tree</li><li>Carbon dioxide reduction per EcoToken = 0.022 metric tons / 10 runes</li><li>Carbon dioxide reduction per EcoToken = 0.0022 metric tons</li></ul><p>This calculation shows that by planting a single tree and earning 10 Almora Bitcoin City Runes, an individual can correlate their environmental action to reducing approximately 0.0022 metric tons of carbon dioxide emissions on short term basis. This correlation helps illustrate the tangible impact of individual actions on carbon emission reduction within the Almora Bitcoin City project. And if possible we will work out with governments to reduce taxes for all volunteers who successfully grows a tree.</p><h4>Conclusion</h4><p>The Proof-of-Action (PoA) Token Model stands as a beacon of innovation and sustainability within the Almora Bitcoin City project, empowering individuals to make a tangible impact on their environment while reaping meaningful rewards for their contributions. By intertwining blockchain technology with environmental stewardship, this model paves the way for a greener, more sustainable future in the Kumaon region of the Himalayas.</p><p>Join us in this transformative journey towards ecological preservation and community empowerment. Together, let’s plant the seeds of change and nurture a thriving ecosystem for generations to come!</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=f5d3a729cf63" width="1" height="1" alt="">]]></content:encoded>
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            <title><![CDATA[Bitcoin Shala]]></title>
            <link>https://medium.com/@dishantparasf/bitcoin-shala-cdf62f667256?source=rss-3d951a6c0b75------2</link>
            <guid isPermaLink="false">https://medium.com/p/cdf62f667256</guid>
            <category><![CDATA[schools]]></category>
            <category><![CDATA[education]]></category>
            <category><![CDATA[bitcoin]]></category>
            <category><![CDATA[technology]]></category>
            <dc:creator><![CDATA[Dishant Bisht]]></dc:creator>
            <pubDate>Sat, 03 Jun 2023 14:15:03 GMT</pubDate>
            <atom:updated>2023-06-03T16:54:16.444Z</atom:updated>
            <content:encoded><![CDATA[<figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*1LJYEEYpT9ZbHUoWLSwDMQ.jpeg" /><figcaption>Internet of Money Bitcoin</figcaption></figure><p>Before I begin with the abstract of the context, I would share a vision in mind. Indian mythology proves that there existed a civilization that was very advance in comparison to 2023. That civilisation or ‘gods’ as we all know them in India, were very proud of enhancing their education systems, to the point where even the Sun was stopped once during war of <a href="https://www.google.com/search?q=sun+stop+during+mahabharata+war&amp;rlz=1C1VDKB_enIN956IN956&amp;oq=sun+stop+during+mahab&amp;aqs=chrome.1.69i57j33i160l5.8701j0j15&amp;sourceid=chrome&amp;ie=UTF-8#:~:text=At%20a%20climactic%20moment%2C%20with%20the%20sun%20nearly%20set%20and%20thousands%20of%20warriors%20still%20between%20Arjuna%20and%20Jayadratha%2C%20Krishna%20sends%20his%20Sudarshana%20Chakra%20in%20order%20to%20mask%20the%20sun%20and%20create%20an%20illusion%20of%20sunset.%20The%20Kaurava%20warriors%20rejoice%20over%20Arjuna%27s%20defeat%20and%20look%20forward%20to%20his%20imminent%20suicide.">Mahabharata</a>. True, not true, debatable, and story goes on …… The pointis, education is the most important part of any civilisation and if a few generations pass through the same educational systems, the quality drastically reduces and exploitation of the social fabric begins. Now, what is a Shala? According to our forgotten language Sanskrit <a href="https://en.wikipedia.org/wiki/%C5%9A%C4%81l%C4%81"><strong>Shala</strong></a> is directly translated as “house,” “abode,” or “home.” Bitcoin Shala is a vision to open the first free education for every citizen of the country.</p><p><strong>Abstract</strong></p><p>I come from the town <a href="https://en.wikipedia.org/wiki/Almora">Almora</a>, when I grew up there was one good school and now I am 31 years old and now there exists no good school. There is nobody to blame.</p><p>Why?</p><p>I have the answer. The national educational policy still runs on those key-value pairs which never had any internet. One book one truth, the maximum the teacher knew was, what was written in the book. So there exists a big flaw in our national educational system. The Internet changes everything.</p><blockquote>The point is, time has changed and is changing at a very fast pace, get along with it or get left behind. Bitcoin Shala is an open forum for all interested in onboarding the train to get educated on Bitcoin and its adoption. The vision is far-flung to establish a ‘network state’ in the future which will be named as “SHALA STATE” with its native currency as SHLA which has been already deployed via this <a href="https://mempool.space/tx/524eeffff5ef1f69fde63a4eee57eacc9a7781469585d400b61ebb9764806a75">transaction</a>. The state will be completely on the internet and will host its citizens on the Internet itself. Through this medium article we also look forward for early investors to help the project grow. This project will be looking forward for diplomatic recognition by the existing state by 2033.</blockquote><p><strong>Roadmap</strong></p><p>2023 : This will be utilised to build a core team. People can fill in this <a href="https://docs.google.com/forms/d/e/1FAIpQLSfDlcc6MkDrLM1WVkJYgVvZO9ru0Sq4Nn_JCBkj6Q-VXSCyDw/viewform?usp=sf_link">form</a> and assist in building this project.</p><p>Jan- Jun 2024: Building community and collabs.</p><p>Jul- Dec 2024 : Educating adoption and proposal to the government to lower crypto taxes and spread blockchain education through Bitcoin Shala.</p><figure><img alt="" src="https://cdn-images-1.medium.com/max/1024/1*ltWa8xSiD1b9oRYEWrFZug.png" /></figure><p><strong>Focus Areas</strong></p><p>Building community and education of people on adoption of bitcoin its advantages.</p><p>No fraud, no money profiting from the education. Donations, if any will be utilised in setting up camps across the country physically.</p><p>Bringing faith in cryptocurrency and utilising it to scale progress and not to be left behind.</p><p>Educating children in advanced programming skills, to have a pool of ethical coders to defend the ‘SHALA STATE’ from any cyber-attacks.</p><p>To master skill of self-employment by helping the people.</p><p>Token employement and ecosyetem will be covered in detail by early 2025</p><p><strong>Conclusion</strong></p><p>This is the inception of a vision that is :</p><blockquote>A Network State that is self-sustained, full of growth, and helps humanity in achieving a great future.</blockquote><p>Thank You for sparing your time ….. to help us out you can enter your details via this link</p><p>https://docs.google.com/forms/d/e/1FAIpQLSfiU77EcvDP3wpHRw1kKa9s5P8WpgfuaC9rh6c4g-HoNXu7CA/viewform?usp=sf_link</p><p>Thanks again.</p><img src="https://medium.com/_/stat?event=post.clientViewed&referrerSource=full_rss&postId=cdf62f667256" width="1" height="1" alt="">]]></content:encoded>
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