Africa is leapfrogging traditional and legacy banking payments systems in use in much of the developed World through fast adoption of mobile and internet based technology. Cutting edge blockchain technology such as Bitcoin has great potential in creating efficiency and disrupting traditional mechanisms for international trade, resource management, and governance where current transaction costs are…
In the ever-evolving world of finance, Bitcoin stands out as a revolutionary asset. Today, we delve into an insightful conversation with Rufas, a seasoned trader with extensive experience in international markets, and Wainaina, CEO of Melanin, to explore the value Bitcoin holds and its future in Africa and beyond. Rufas’s Journey into Bitcoin Rufas began…
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…
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…
“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…
The world of blockchain is a vast and exciting landscape, promising transformative solutions across industries. However, for Black founders and innovators, the path through this jungle can be fraught with challenges. This blog delves into the experiences of Sinclair, a Black entrepreneur navigating the complexities of building a blockchain startup in Zimbabwe. We’ll explore the…
