beehiiv-import

⚡Bitcoin’s True Purpose🏦

Croxroad

16 Mar 2025 — 4 min read

☕️ GM Dear Plebs!

Here is Crox Road, your daily dose of orange pill that will turn you into a Bitcoin Maxi.

The menu for today:

😇 Meet Lorraine Marcel

Bitcoin wasn’t created to make rich people richer—it was created to free people. While much of the global Bitcoin discussion focuses on ETFs and institutional adoption, its true purpose is far more profound. In regions like Africa, where inflation, unstable banking systems, and financial exclusion are everyday struggles, Bitcoin isn’t just an investment—it’s a necessity. Lorraine Marcel, founder of Bitcoin Dada, understands this reality better than most. Her organization is empowering African women through Bitcoin education, mentorship, and Lightning development, giving them the tools to take control of their financial futures.

Lorraine’s journey into Bitcoin wasn’t straightforward. After studying Banking and Finance, she realized that traditional employment wouldn’t offer her the financial freedom she sought. An events management business led her to the world of crypto, but like many, she first explored altcoins before recognizing Bitcoin as the only true solution. “The energy in that room changed everything for me,” she recalls about her first Bitcoin meetup in Kenya. By 2021, she had gone all-in on Bitcoin, leaving behind distractions and dedicating herself to financial education. Through Bitcoin Dada, she has already trained over 600 women across 11 African countries, providing them with financial literacy, self-custody knowledge, and job opportunities in the Bitcoin ecosystem.

Bitcoin adoption in Africa is rapidly growing, driven by weak local currencies, remittance challenges, and a lack of accessible banking services. However, education remains the biggest hurdle—many newcomers fall victim to scams before discovering real Bitcoin. Bitcoin Dada is changing that narrative by offering trusted, high-quality education tailored to African women. With plans to onboard 10,000 women in 2025, expand into Francophone Africa, and launch an online learning platform, Lorraine’s mission is just beginning. Bitcoin is inevitable, and for those who embrace it now, it’s more than an opportunity—it’s a revolution.

🐮 The Road to $90K

Bitcoin’s next big move could be just around the corner, with derivatives metrics signaling a potential climb back to $90,000. Despite recent market fluctuations, key indicators such as open interest and funding rates suggest growing confidence among traders. The derivatives market is showing signs of stability, with leverage positioning favoring bullish momentum rather than excessive speculation. This shift indicates that institutional and retail investors alike are positioning for a sustained uptrend, rather than a short-term rally.

Market data reveals that Bitcoin’s price action is increasingly aligning with derivatives signals, reinforcing the likelihood of a breakout. Open interest in Bitcoin futures remains elevated, reflecting strong capital inflows, while the absence of extreme funding rate spikes suggests a healthier market structure. Additionally, options data points to an increased probability of Bitcoin reclaiming $90,000, with traders hedging against further upside. “We’re seeing a more balanced market, where leverage is being used strategically rather than recklessly,” noted one analyst, emphasizing the difference between current conditions and past speculative bubbles.

With Bitcoin’s fundamentals remaining strong and derivatives traders positioning for higher prices, the broader market sentiment appears increasingly bullish. While external factors like macroeconomic conditions and regulatory developments could still influence price action, the technical signals are aligning in favor of a recovery. If Bitcoin successfully reclaims the $90,000 level, it could pave the way for a renewed push toward all-time highs, reinforcing the narrative that the market’s current phase is one of accumulation rather than distribution.

🎮 Bitcoin Mining Once Used PlayStation 3 Consoles

In Bitcoin’s early days, before specialized mining hardware existed, enthusiasts experimented with unconventional devices—including PlayStation 3 consoles. The PS3’s powerful Cell processor, originally designed for high-performance computing and gaming, was repurposed for Bitcoin mining around 2010–2011. While it could generate hashes, it was quickly outclassed by GPUs and later ASIC miners, making it an inefficient choice. However, this experiment showcased the adaptability of Bitcoin mining and how miners were willing to push the limits of available hardware in pursuit of decentralization and rewards.