LocalBitcoins.com is a peer-to-peer service that allows people to connect with each other to buy and sell bitcoin ‘in person’. This term ‘in person’ is a broad term that doesn’t necessarily mean that the transacting parties have to be in the same geographical location or space-time continuum. Though it is not to say that they…
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…
“Chi da savio operar vuole, pensi al fine.” An Italian proverb to allude to Charles Ponzi’s descent to mean Think on the end before you begin, buyer beware.When I think about Ponzi schemes and the people who perpetrate them, one thing comes to mind- that the best ponzis happen around, within an innovation. Bitcoin is…
BitHub.Africa conducted a feasibility study on how Blockchain technology like Bitcoin could be harnessed to create new opportunities to solve problems in Africa. This was especially important given the recent decision by Kenyan Central Bank to issue a warning against Bitcoin. We surveyed 96 people who are already in the African Bitcoin Community using this form. What…
Mining Bitcoin has undergone quite the evolution since the days of yore when you could labour away on the edge of your seat while you typed away on a laptop. But then again, the trajectory of technology is to ever lean forward, thusly, one cannot fail to behold the smorgasbord of mining technology in the…
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….
