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…
BitHub.Africa recently attended the Dot Finance Africa conference in Nairobi Kenya. The 2 day conference on 4th and 5th May touched on the financial technology and banking sectors with a focus on solutions for Africa. Our Founder John Karanja was both a Speaker and Panelist and shared a stage with Chris Skinner, Jon Matonis and…
Bitcoin Rush a popular Crypto news channel on youtube featured us on its 61st episode. Bitcoin Rush does monthly features on bitcoin developments around the World using a interesting and informative format. Our Founder John Karanja was featured in the open minute and discussed the goals of BitHub in Africa. Watch the video below: The…
In this video John Wainaina Karanja C.E.O Melanin discusses the African energy market has untapped potential worth $2 trillion. With Africa’s fast-growing population, technologies like blockchain, IoT, machine learning, and AI can revolutionize access to energy. However, the high cost of solar systems and renewables, particularly when compared to oil and nuclear energy, poses a…
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…
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…
