I met Chancellor long time ago, it was one of those bitcoin drinks we had in Hofje van Wijs our bitcoin caffe. At the time it was a headquarter of bitcoin Embassy in Amsterdam. Chancellor came alone one day to our meetup. I never saw him before so I stand up and move towards him to say "Hallo". We had a small welcome talk, he went to get a drink for himself and I went back to the embassy table to introduce him to others and we all start talking bitcoin.
Chancellor believes in many things, just like many of us. He isn't different, one thing that attracted my attention to him was his strong beliefs in Bitcoin. He understood the technology behind, if he decide to put his money in the project he studied it for days. In 2014 he sold his house in Amsterdam and bought BTC, I called it strong belief system. I like people who likes bitcoin. It's a very intense attraction. He had a good heart and protect the right values. We meet many times after that. Few months later he meet his beautiful future wife from North and they moved to Arctic territories very soon. We had Skype and we were trading. All nights on all exchanges. From early morning until 4 in the night when the Chinese markets were getting open. It was intense calculation and volume trading with a lot of gambling involve. In those early days everything was unpredictable. You couldn't use markets graphics and candlesticks to read the trend, we were the trend. Only growing altcoin market economy. Those were crazy days, bitcoin get global to cast main character role in this economy and soon many altcoins follow it. That year many projects starts to appear, crypto guys who made some good money on bitcoin start to travel and pitch their new ideas around the planet. Amongst them we pick Vitalik with his Ethereum project. Super global computer, that will connect us all. After all we had simple coins projects like DOGE, and some more work intensive like NXT, DARK or MAID and many others, there was a time for something new and much more serious. Chancellor and me were busy playing all of them an investing widely. He was more of the trader who buys and sit few hours watching monitor screen. I was more of the long term believer. You should know by now how i trade, if you don't just scroll through my blog and read some of my previous posts. I bought and then I wait keeping all my precious altcoins like some kind of high quality gems.
So, me and Chancellor we cry and we part with our BTC. We invest in Butalik's Ethereum and then we have to wait. There was nothing and nothing to do just wait. We get our ETH token more than a year and a half later. They have to go through a process to setup company in Switzerland, they keep their stash in BTC, when it's price collapse their ICO was in danger as they hire more than 80 people to run the company. They earn around 26 BTC per months in those days. I know most of them, as there was a time they were staying in Amsterdam, and they use my ATM to cash out some salary.
Ethereum become a vehicle to invest your ETH. We all remember DAO, but first ICO project was DIGIX, digital gold on ethereum, then it was Augur with reputation and predictions of the future. After DAO hack it's price collapse to 5 dollars, but only for a short 6 months. Chancellor bought a lot of ETH at the price of $0.15 cent, when it's start to trade above dollar he skype me every night and we talk for hours. When you invest you family house in the virtual money token you get panic attacks from time to time. Every such a time i get a call from such a traders busicly with one question:
"Should i keep i should i sell now? - My answer was always one: "Just keep it and wait for price to go up again."
They never did, Chancellor as well. He was not better than the rest, only I was for a long run. By the time he Skype me again and the price of the coin was up, he never had a coin as he sold it with losing some btc in the process. But in general we all learn, it was a free university, you paid a fee in lost bitcoins. We finish it now, it's a learning process to spread your investments and find good token to invest.
Now, let's go back to Cambodia and Satoshi school. First I realize how this country education system works. Then I realize is not a free system, every kid needs around 600$ to get good school classes, books and sometimes food and transport. I met little girls selling bracelets on the beach walking with theirs older sisters or parents who massage tourists from europe. They are not in school. They are working. First I want to sponsor one child, go to school and pay 600$ fee for one year in advance, but I realize soon that this is not an answer. Then i start to think. I have a lot of free time to think here.
In the night I have this idea. What if I just create a school. The whole school with building and it's own teachers, there are plenty of teachers traveling through Cambodia. Will be not a problem to find some. I went forward with my thoughts, what if we use the only fully working Steemit platform to fund the project. I could just get people focus for a moment on my school project upvote it on steemit it and Satoshi School steemit account could generate income for the school. I start to dream. Satoshi School teachers could create a posts on SatoshiSchool steemit website, students too. Those posts could theoretically make money to pay for salary of the school teacher, but we also can make it better. Imagine the kid is getting paid too. What about the school when teacher and kid make money, no hierarchy but a natural symbiosis between teacher and the student. They can't exist without each other. And all this inside of the steemit economy, runs on steemit, lets see what this technology is capable of. Can I build one school with steemit, if yes then a sky is the limit. First i need a steemit Whale, who can upvote my posts and keep school running. I predict if the project will be a success it will have to become self sustain after some months. During this time more whales can see what we are doing and give us some support. There are also thousands of steemian in who i strongly believe as well.
Here where Chancellor comes to play. I only call him this name as I want to keep his real name a secret for now. I called him last week we talked. I told him my idea and he liked very much:
"Wait." - he said - " I think i bought some Steem years ago, i don't remember how much, but i think a lot"
He gives me his steemit account name, i check and i can't believe what i see.
"You have one million dollars in steem, man. I think we can try our school project"
Tomorrow i go to other village Kampot, there is a girl who run its own school projects. They invite me for whole Saturday to look how they work. They run: https://theredroadfoundation.org/
Resteemit Steemians. You all have work to do to help us.