Bitcoin – Empowering Rural Economy’s and Protecting the Elephants in Africa
Louise Hogarth, an Academy Award winning Director and Producer is preparing a new documentary describing the process of paying wages to rural crafters in Bitcoin. With this project, Louise intends to support and bring attention upon one of the poorest communities in Africa and the elephant cause. Hogarth is best known for documentaries tackling controversial issues. Her previous work was filmed in Africa. Angels in the Dust was filmed in South Africa and shares the true story of Marion Cloete and the orphans she is responsible for. Throughout the documentary Hogarth, tries to connect the....
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According to the World Bank’s Global Financial Inclusion Index, Africa has the highest mobile money adoption rate in the world. Worldwide, only 2 percent of the population possesses a mobile money account; in Africa, 12 percent of the population uses mobile money. Africa’s affinity for mobile money is one of the main reasons why many members of the Bitcoin community believe that the region is fertile ground for bitcoin adoption, especially to meet the needs of the large underbanked population that often relies on mobile money to send and receive payments. However, the reality is that....
Fed up with lockdown life, under-employed or overworked, many people are ditching their old routines and risking it all to pursue what is really important to them. Pundits have dubbed this movement of fulfilment-seeking workers and their money the ‘YOLO economy’. Cryptocurrency, now able to bring its promise of financial freedom to the masses via […]
Editor’s Note: This article has been changed to make the nature of the Bitcoin Africa Conference more clear. The name of this title is “Bitcoin Africa Conference,” and this is the first time the conference has been held. The author of this article was not saying that this Bitcoin conference is the very first one in Africa. We apologize for any misunderstanding. As you may know, the world’s first Bitcoin Africa Conference will be held on April 16-17, 2015 in Cape Town, South Africa. With all the buzz surrounding Bitcoin in Africa lately, it is no surprise that the first conference has made....
Bitcoin ATMs (Automated Teller Machines) have been popping up all over the world. Hong Kong, Australia, Dubai, and America, among other places, have operating Bitcoin ATMs. These ATMs have only become widespread in the past few months and are a very new and incomplete technology. Now, they're coming to Africa. Coming to Africa. [dropcap size="small"]Bitcoin's first ATM in the vast continent of Africa is expected to be opened to the public in late May. The ATM will be owned by ZABitcoinATM. The first ATM will come to Johannesburg, South Africa. A second one, which will come a month after....
Curious how the BTC invasion of Africa is going? If you've got five minutes, the below film might be a great way to spend it. Also read: Coming to Africa: Bitcoin Ready to Invade