This discussion between Arthur Hayes, Sinclair Skinner and John Wainaina Karanja covers multiple topics related to cryptocurrency, particularly Bitcoin, and its role in both developed and developing economies. The text first highlights the potential for Bitcoin to act as a decentralized currency that gives ordinary people, not just the political elite, a means to trade…
In this episode we explain that supply and demand, fundamental principles in economics, also apply to Bitcoin and its pricing. These forces can either increase or decrease supply and demand, thereby affecting price. Bitcoin was developed to address issues like inflation that erode people’s purchasing power over time. Traditional financial systems, managed by governments or…
Bitcoin adoption is growing all over the world. And this sets people up to the whims of scammers who are ever devising ingenious ways to rid people of their hard-earned coins. Especially with the price of Bitcoin is on a very positive trajectory, presently almost crossing the $5,000 psychological line, even so for brief moment….
Blockchain is a data structure that stores records in a queue system. There are two types of blockchains: public and private. Public blockchains, like Bitcoin, allow anyone to view all transactions, while private blockchains restrict access to authorized individuals. In this session, we explain that a “block” is essentially a bundle of transactions. This bundling…
BitHub.Africa was invited by Bankable Frontier Associates, a global strategy consulting firm, to speak to representatives from African Central Banks and Regulators at the Digital Finance Services(DFS) Workshop hosted at the Kenya School of Monetary Studies in Nairobi. John Karanja, our Lead Consultant gave a presentation on The Blockchain Opportunity for Financial Inclusion which covered the…
The UNICEF Innovation Fund has determined that it is looking to make $50-90K equity-free investments to provide early stage (seed) finance to for-profit technology startups that have the potential to benefit humanity. BitHub Africa hosted the UNICEF InnovationFund Meetup on Saturday, 27 January 2018 at its space in Hurlingham. Ms. Ariam, the UNICEF Learning Lead…
On the 5th of April we had the privilege of attending this arguably interesting meet up event at Mettā, Nairobi. The panel to discuss the legal issues around Blockchain Technology & Cryptocurrency was Michel Kimani, an entrepreneur with Africoin, Rosemary Koech-Kimwatu, an advocate from Legal Hackers, our very own John Karanja, Mutugi Mutegi an advocate…
