Premium Only Content
Bitcoin in Africa with Femi Longe
SHOW NOTES:
https://www.whatbitcoindid.com/podcast/bitcoin-in-africa
Femi Longe is program director for Btrust Builders, which educates developers in Africa about Bitcoin. In this interview, we discuss societal issues faced by people in different parts of the world, the economic imperialism hampering emerging economies, and the challenges Africans face in accessing the global financial system. We also talk about the impact of external powers on Africa and the potential of Bitcoin to change the global financial conversation.
THIS EPISODE’S SPONSORS:
Iris Energy - https://irisenergy.co/
Wasabi - https://www.wasabiwallet.io/
Ledger - https://www.ledger.com/
Unchained - https://unchained.com/
Orange Pill App - https://www.theorangepillapp.com/
Swan - https://swan.com/
SUPPORT THE SHOW:
→ Become a Patron: https://www.patreon.com/whatbitcoindid/
→ Subscribe on iTunes
→ Leave a review on iTunes
→ Share the show out with your friends and family on social media
→ Drop me a line on hello@whatbitcoindid.com
→ https://www.whatbitcoindid.com/sponsorship/
TIMESTAMPS:
00:00:00 Introduction
00:04:41 Africa’s systemic oppression
00:17:41 “Aid”, debt, borders, & corruption
00:27:47 Trade not aid; Bitcoin
00:35:56 Building for Africa
WHERE TO FIND THE SHOW:
→ My website: https://www.whatbitcoindid.com/podcast/
→ iTunes: https://apple.co/2OOlzVV
→ Spotify: https://spoti.fi/2ygc4W1
→ Stitcher: https://bit.ly/2IQO8fX
→ SoundCloud: https://bit.ly/2CGSVQR
→ YouTube: https://bit.ly/3nyi9Ez
→ TuneIn: https://bit.ly/2ywystr
LISTEN TO OLD EPISODES:
→ By guest: https://www.whatbitcoindid.com/guests/
→ By topic: https://www.whatbitcoindid.com/topics/
→ Transcriptions: https://www.whatbitcoindid.com/transcriptions/
WHERE TO FOLLOW ME:
→ Twitter: https://twitter.com/whatbitcoindid/
→ Medium: https://medium.com/@whatbitcoindid/
→ Instagram: http://instagram.com/whatbitcoindid/
→ Facebook: https://www.facebook.com/whatbitcoindid/
→ YouTube: https://www.youtube.com/whatbitcoindidpodcast
→ Website: https://www.whatbitcoindid.com/
→ Email list: https://www.whatbitcoindid.com/subscribe/
LEARN ABOUT BITCOIN:
→ Step by Step Guide: https://www.whatbitcoindid.com/learn-bitcoin
→ Training: https://www.whatbitcoindid.com/training/
→ Resources: https://www.whatbitcoindid.com/resources/
#Bitcoin #Finance #Economics
****
“I think the rest of the Bitcoin world needs to be humble and be open to learn…there’s always this feeling: ‘let’s go help the Africans, let’s go teach the Africans,’ when sometimes, just shut up, and listen.”
— Femi Longe
Femi Longe is program director for Btrust Builders, which educates developers in Africa about Bitcoin. In this interview, we discuss societal issues faced by people in different parts of the world, the economic imperialism hampering emerging economies, and the challenges Africans face in accessing the global financial system. We also talk about the impact of external powers on Africa and the potential of Bitcoin to change the global financial conversation.
- - - -
Femi Longe has extensive experience in promoting transformative innovation across Africa to drive social change. It was perhaps inevitable that he would end up working within the Bitcoin ecosystem. Currently, through his work for Btrust Builders, Femi is helping to build a critical mass of Bitcoin and Lightning engineers from the Global South starting with Africa.
This podcast explores how the global system is designed in a way that prevents emerging economies from thriving. The conversation shines a light on the damaging effects of economic imperialism upon the Global South, best expressed in Alex Gladstein's work. External powers, such as the World Bank and IMF, often prioritise their interests over the well-being of African people.
Femi and I also discussed the numerous practical challenges faced by Africans in accessing global commerce. Companies like Western Union and MoneyGram take a significant cut from remittance transactions (with the US government even requesting information on transactions from these platforms), and there are significant limitations placed on Africans trying to access financial services such as PayPal across borders.
Africa’s problems are compounded by the influence of outside powers: the historical fragmentation of Africa by European powers has made it difficult for African countries to come together and collaborate effectively; latterly, international aid to Africa has distorted local markets and influenced government spending, often to benefit Western businesses at the expense of African countries.
Femi sees Bitcoin as an opportunity for Africans to change the conversation and have a stake in the global financial system, as it cannot be controlled by external powers. He aims to empower Africans to engage with Bitcoin as producers, rather than just consumers, by training developers and connecting them to open-source projects. That way Bitcoin can be integrated into real-life scenarios that are important to people.
-
1:35:20
Mr Obnoxious
8 days agoAseem Malhotra on Healthcare Corruption, Big Pharma, NHS & Public Health | Peter McCormack Podcast
2173 -
51:35
Dr Steve Turley
1 day ago $13.12 earnedROSEANNE BARR - Her Journey, TRUMP, and the MAGA GOLDEN AGE! [INTERVIEW]
31.9K47 -
57:38
The Tom Renz Show
5 hours agoMerry Christmas - The Tom Renz Show Christmas
60.4K14 -
2:59:10
Wendy Bell Radio
16 hours agoThe Bridge Too Far
145K289 -
1:03:45
Donald Trump Jr.
1 day agoHappy Festivus: Airing Our Grievances and Stopping The Swamp w/Sean Davis | TRIGGERED Ep.201
410K535 -
1:30:30
Game On!
19 hours ago $7.59 earnedTop 5 things you need to know for Sports Christmas!
63.9K5 -
1:58:10
Robert Gouveia
1 day agoMatt Gaetz REJECTS Report, Sues Committee; Luigi Fan Club Arrives; Biden Commutes; Festivus Waste
288K228 -
1:31:40
Adam Does Movies
1 day ago $15.83 earnedThe Best & Worst Christmas Movies! - LIVE!
112K8 -
58:10
Kimberly Guilfoyle
1 day agoAmerica is Back & The Future is Bright: A Year in Review | Ep. 183
200K80 -
3:03:27
vivafrei
1 day agoEp. 242: Barnes is BACK AGAIN! Trump, Fani, J6, RFK, Chip Roy, USS Liberty AND MORE! Viva & Barnes
273K262