“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…
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…
BitMari, a Pan-African blockchain start-up, revolutionising remittances throughout the African diaspora through the use of blockchain technology has been successfully used to test a Bitcoin Lightning transaction with Tim Akinbo, co-founder and CTO of Tanjalo, a bitcoin startup based in Lagos, Nigeria. Tim was able to send $15 dollars from Nigeria to a recipient in…
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…
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…
BitMari a blockchain startup incubated by BitHub Africa, has teamed up with the National Society of Black Engineers to bring you a unique opportunity to tackle financial challenges across the global African Diaspora. Through its iLoveBlackPeople bus tour, BitMari has been inviting undergraduate students, graduate student, and professionals across all fields, including developers, designers, product developers, and…
