In this episode, we discuss the recent political upheaval in Sri Lanka due to high inflation and examines the role of cryptocurrencies like Bitcoin in the global economy. The conversation explores the evolving definitions and forms of money, from barter systems to digital currencies. We emphasize that Bitcoin serves as digital money, sharing similar properties…
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….
We are thrilled to announce that BitHub Africa was awarded as the, Most Promising Blockchain Accelerator, at the Global Blockchain Congress 2018 that was held in Sandton, Johannesburg, South Africa on July 16 & 17, 2018. The Global Blockchain Awards are designed to recognize and celebrate outstanding achievements in the adoption of Blockchain technology. The congress…
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…
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…
On Thursday 15th December 2016 BitHub.Africa hosted a Bitcoin meetup in Nairobi. It was a great meet up that saw it graced by guest speakers like Sinclair Skinner, the enthusiastic African-American who gave us a scintillating account on the proper orientation of technology, Alakanani, the effusive Bitcoinlady who was quite poignant on the stark difference…
