What Bitcoin Did

Rebuilding the World’s Financial System with Bitcoin | Obi Nwosu

54 snips
Oct 29, 2025
Obi Nwosu, CEO and co-founder of Fedi, is on a mission to revolutionize community finance through Bitcoin. He discusses how tools like Fedimint can foster privacy and freedom in financial systems. Obi warns against Bitcoin’s potential drift towards convenience at the cost of liberty and emphasizes the need for decentralized solutions. He unveils Fedi’s innovative features for low-income users, advocating for a collaborative approach to custody that balances ease of use and protection against risks.
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INSIGHT

Bitcoin Development Has Quietly Arrived

  • Bitcoin development has gone from overlooked to abundant, making the space feel like it's 'arrived'.
  • Obi Nwosu compares Bitcoin's normalization to smartphones becoming part of life.
INSIGHT

Adoption Often Starts As Store Of Value

  • Global adoption currently trends store-of-value first, then medium-of-exchange later as users gain wealth.
  • Obi explains people often adopt Bitcoin to preserve or build wealth before using it for daily payments.
ADVICE

Use Valuable Services To Seed Bitcoin Use

  • Solve the 'chicken and egg' by bundling Bitcoin payments with services people already value, like internet.
  • Obi's SatetNet pays for satellite internet in sats to drive daily Bitcoin use and savings.
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