@ The Bitcoin Community Newsletter

In this edition, we invited Bam from Bitcoin Barqnet to share his journey with Bitcoin and its impact in the Middle East. He also discussed the growth of the Barqnet community and introduced his modular wallet, Cypherbox. **YakiHonne**: Bam, thank you for joining today's conversation. Before we begin, let me briefly introduce YakiHonne. YakiHonne is a decentralized media client built on Nostr—a protocol designed to empower freedom of speech through technology. It enables creators to own their voices and assets while offering innovative tools like smart widgets, verified notes, and support for long-form content. With YakiHonne, individuals can express themselves freely, without the fear of censorship, bans, or restrictions. So before starting the interview, I’d like to learn a little more about you and your community, Bam. Can you tell us more about yourself and what you do? **Bam**：My name is Basim, and my nickname is Bam. I became somewhat well-known in the Middle East for releasing some Bitcoin courses. I'm an old player in Bitcoin, having gotten involved in 2014. Back then, I realized that Bitcoin was something big, but I didn’t have much Bitcoin because I didn’t have the money to buy it. Instead of investing money in Bitcoin, I invested my time in understanding it and researching it. **Bam**：After graduating in 2016-17, I decided to dedicate my entire career to Bitcoin while I was in Istanbul. Of course, Bitcoin was the core focus, but there were also many altcoins, and I became interested in those areas as well. I love this space because it's very libertarian, and I myself am a person with libertarian values. **Bam**：I currently publish tutorial videos on YouTube, primarily aimed at Arabic-speaking audiences in the Middle East, to teach them about Bitcoin economics, technology, and how to use Bitcoin. They have very little knowledge about these topics. I’ve covered many subjects, including wallet operations, mining, using the Lightning Network, and even non-custodial liquidity management. We’ve produced over 200 videos so far. I’ve realized that there are many issues with Bitcoin-related applications, so I’ve decided to develop my own Bitcoin app called Cypherbox. **YakiHonne**: That's really impressive. You're a content creator in the Bitcoin ecosystem, explaining Bitcoin on YouTube and spreading the Bitcoin ideology. And you're developing your own Lightning app specifically for the Middle East. You're doing a lot of meaningful work. **Bam**：Unfortunately, I didn't buy more Bitcoins in 2014. I used to own some, but I invested all of my Bitcoin into my channel because I strongly believe in the importance of education. I believe that global international currency is more important than mere wealth. I've tried to ensure that my project is neither charity nor purely commercial. I am now creating an Arabic academy, selling some courses or applications I develop, and trying to commercialize them. Overall, my project is somewhere between open source and commercialization, and I hope to support my life through these means. **YakiHonne:** That's really great, Bam. I really admire how much you value education and enlightening others. So now, let's move on to the first question. Bam, I think you've already touched on part of the answer. But I'd like to ask again, this time in more detail: What truly sparked your interest in Bitcoin? What motivated you to build or form a community around it? **Bam**：I used Bitcoin very early on, and I understood right away when I looked at its wallets that it wasn’t a company. I had some experience with decentralized networks, like Tor and Torrent, and I knew this was open-source. Open-source projects are really attractive to me as an engineer. The more I studied Bitcoin, the more fascinated I became with it. I love its decentralized nature. **Bam**：I studied complex systems, energy engineering, and systems like aeronautics and marine engineering, and I found Bitcoin to be the most sophisticated energy system I’ve ever studied. It’s just fascinating on a technical level, especially the cryptography aspect. What’s so amazing about Bitcoin’s security is that it doesn’t rely on firewalls or central authority; it’s actually the opposite, as Andreas Antonopoulos often explains. **Bam**：Bitcoin's security comes from its openness. The whole thing—its censorship resistance, the privacy, the community around it—just captivated me. The fact that Satoshi created the greatest monetary network ever, but never moved any coins or had any control after 2009, and gave it away to the community, for everyone in the world, is just an incredible story. There’s so much about Bitcoin that I can’t even begin to explain how deeply I’m attached to it. **Bam**：What I want to say is that Bitcoin has significantly helped with the issues my country faces because I am from Syria. We have been locked out of the financial system by OFAC policies, which were perhaps seen as justified due to sanctions. Syria has been under financial sanctions, but the problem is that these sanctions weren't just imposed on the Syrian government; they were imposed on the entire Syrian population. Even though the current president Assad is no longer in power, these sanctions still persist. These financial sanctions have caused great suffering for the Syrian people. Syrians are unable to engage in e-commerce or trade with the outside world. This system, which locks people into such a closed financial environment, is a huge issue. **Bam**：Bitcoin provides an alternative. Bitcoin has not closed its doors to Syrians, and we can still use Bitcoin in Syria. People in Syria use Bitcoin without fear of censorship from any part of the world. No government can lock Syrians out of the Bitcoin network, and Bitcoin transactions can be settled in real time in Syria, regardless of whether any government approves or not. **YakiHonne:** Can you tell me how you have been able to attract members so far and what challenges have you faced when you started earlier on? **Bam**：We started on Clubhouse, just a bunch of random Bitcoiners talking about Bitcoin, and around 2020 and 2021, the Lightning Network started to become more usable. We saw some interesting Lightning apps, and when I learned about it, I immediately realized that this was the future of the internet of money. I was heavily involved in Ethereum at the time, writing smart contracts, but once I took Lightning seriously, I knew it was the future of digital money. **Bam**：We started discussing Lightning on Clubhouse during COVID, focusing on Lightning wallets. We asked ourselves, "How can we bring this technology to the Middle East?" Around that time, I also wanted to get more involved in Bitcoin education, so I began putting out more content. A friend of mine created a Telegram group called Barqnet, and we invited everyone from Clubhouse to join. I started sharing more Bitcoin content and promoting the group, saying, "Hey, if you want to get real education about Bitcoin—beyond videos and courses—come join this group and let's build this community together. **Bam**：We did this for about six months, and the group attracted a lot of people. But my initial goal wasn’t just to attract regular people; it was to attract technical engineers and build a network of engineers who could not only listen to my explanations but also help me better understand Bitcoin and the challenges they face when interacting with Bitcoin and building the Bitcoin banking infrastructure in the Middle East. As a result, we attracted many highly skilled people. Now the group has about 1,000 members, all of whom are highly technical. **Bam**：We also created a technical support space for regular Bitcoin users. Anyone in the Middle East facing issues with wallets, buying Bitcoin, mining, or any other Bitcoin-related problems can come to us for help. This is a completely voluntary online initiative, and now many people know that if they have technical questions, no matter how complex, they can come to Barqnet and get answers. **YakiHonne**: That's really amazing. It seems like you guys are covering both the technical and non-technical aspects of Bitcoin, which is truly remarkable. It's not so common to find a community that manages to engage both sides. But Barqnet, as the Arabic Bitcoin community, seems to have successfully blended both, working with both technical and non-technical people. The work you're doing is really impressive—it's an outstanding job. **Bam**：I really enjoy seeing the growth of Bitcoin, and I've already started telling people how their lives have changed. In 2024, many people have messaged us in the group, saying, "Thank you so much, you really changed our lives." It's not just people from poor areas, even in wealthy regions like Saudi Arabia and the UAE, people are telling us, "I started a Bitcoin business, I started mining, I started investing, and now I’ve made some money, my value has gone up because of you guys. I didn't sell, I kept my Bitcoin in cold storage." So, everyone is thanking us. **Bam**：This means much more to us than any financial gain. We didn’t make a lot of money from these initiatives—sure, we earned some, but not much. And it hasn’t changed our lives. If I had spent my time as an engineer focusing on corporate projects, I would probably make a lot more money. I live in Europe now, and my life is pretty good. But helping people understand Bitcoin and onboard into the Bitcoin world means so much more to me than money. YakiHonne: So, moving on to the next question. How do you see the role of Bitcoin communities evolving as technology matures, particularly in areas like scalability, privacy, and adaptability with other systems? So, how do you see the Bitcoin community evolving with time? **Bam**：I actually have a lot of different views on how Bitcoin is being taught and developed, especially in terms of scalability. Many people in the West are focused on highly technical developments that do promote individual sovereignty, self-custody, and privacy protection. However, these don't help people who don’t understand the technology, and they make it really difficult for them to use Bitcoin. For example, when I see people recommending non-custodial Lightning wallets, I don’t think this is a good option for everyone, especially in the Global South. For people who don’t understand the technology and just want to use Bitcoin simply, these wallets are way too complicated. **Bam**：This is why I developed my own app. It's not just a wallet for the Middle East; it's an international wallet that anyone can download. It's open-source and aims to provide a modular Bitcoin experience. The Bitcoin app I envision would contain all the necessary tools, whether it's a custodial service, an exchange, or a simple Lightning custodian service for people who just want to quickly send and receive Bitcoin without dealing with complexity. **Bam**：A Bitcoin Lightning custodian makes perfect sense if it's reliable. In addition to that, you’d also have your hot wallet, which you can use to withdraw your funds when ready, and move them into self-custody with a simple hot wallet like Blue Wallet. Cold storage should not be the first step for everyone. People often say it's expensive, and that you need to buy hardware wallets, but it’s more of a progression. Start with the basics, and over time, you’ll learn. **Bam**：Inside the app, users should have access to all the tools for self-custody, including non-custodial Lightning, hot storage, cold storage, federated chains, e-cash systems, and side chains, if applicable. The app would allow users to personalize their experience—choosing what they want based on their technical knowledge, the amount of Bitcoin they want to secure, their privacy preferences, and the fees they’re willing to pay. I imagine the future of Bitcoin will be modular, and every user will be able to customize their experience according to their needs and preferences. **YakiHonne**: I really appreciate the key points and important aspects of Bitcoin scalability that you mentioned. They're truly crucial, and it's essential for people to understand Bitcoin better rather than misinterpret it. The importance of Bitcoin in these other areas shouldn't be overlooked, and people should embrace it as part of the future, not reject it. Now, we're at the last question. Is the government around you for or against Bitcoin? And how has that affected the community? **Bam**：I live in France, and the government is generally neutral when it comes to privacy tech. I’ve lived in Turkey, the UAE, Brazil, the EU, and the Netherlands, so I don’t consider myself Syrian. I prefer to think of myself as a citizen of Earth. When it comes to governments, I pay attention to policies and regulations in all countries. I look at examples like El Salvador, and I also follow the current situation in Syria. Right now, we’re working to push for a policy that recognizes Bitcoin rather than implementing strict regulations. We’re trying to get the government to draft laws that are more friendly to Bitcoin. Although the central bank is confused about Bitcoin, they’re not completely opposed to it. We’ve proposed a way to manage the market that doesn’t restrict people’s freedom but also helps regulators deal with companies and Bitcoin projects. We’re seeing very positive reactions, and I believe Syria will become the place that opens Bitcoin to the entire Middle East region, thanks to the voluntary initiatives we’ve initiated. **YakiHonne**: That was really a fantastic answer, thank you so much, Bam. With that, we’ve come to the end of today’s interview. It’s truly an honor and privilege to have had this conversation with you. I’ve really enjoyed the entire discussion, from start to finish, and I’ve learned a lot from everything we’ve talked about. I really appreciate your passion for Bitcoin and your dedication to pushing for education. We love the work you’re doing. Although we haven’t used your app yet, we believe it’s going to be amazing.Thank you so much again.