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…
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 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…
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…
The BitHub.Africa team was at the Hack4Farming hackathon facilitated by aWhere and our partners IOTAtoken whom we were representing. During the two day hackathon we were able to work with and advise the various #AgriTech startups present during the day. Among the teams represented were: MbeguBora AgData Seedex The winning was MbeguBora which in Swahili Kenya’s national…
In this episode we discuss how the Melanin Solar project uses blockchain technology and CPU mining to enable community members to trade electricity. Utilizing the Lightning Network and the Whive protocol, the system allows energy to be stored and shared as digital tokens. Over 2,000 people are expected to gain affordable power access through this…
