The Importance of Crypto in Africa

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Even remote workers in many African countries are using crypto as a means to get paid for the work that they do. So what you're saying is that the internet is a massively democratizing force that has benefited the world as a whole, including Africa. But then there's this more as the internet matured, it evolved and adapted and became what you're calling permissioned as in parts of the internet or pay walled by whatever you would do. We do accept crypto, but also you couldn't also subscribe to anything that you would subscribe, pay for Amazon or pay for any sort of credit card. Of course. So they get inflation and they get to charge fees? Yes. I can see

In this episode, we explore the frontier of crypto in Africa and the immense potential for both the continent and the crypto industry. Africa has a unique ability to leapfrog technologies, just as it skipped landlines and embraced cell phones. The dialogue revolves around crypto adoption in Africa and a network state project called Afropolitan, which aims to build an Afro-centric digital nation.

Yoseph Ayele discusses the opportunities that Web3 can provide in terms of financial stability, access, identity services, and credit facilities for Africa. He believes that Africa will be the first to reach a billion Web3 users. Eche Emole shares insights on Afropolitan, highlighting the project's focus on crypto, network states, and the creation of Afro-centric hubs worldwide.

Both guests express unwavering optimism and articulate the transformative power of these developments. This engaging and enjoyable discussion sheds light on Africa's trajectory in the crypto landscape and the potential for uplifting individuals and communities.

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---- Timestamps

0:00 Intro 1:20 Goosebumps

5:15 YOSEPH AYELE 7:55 Why Africa Needs Crypto 15:15 Bringing Infrastructure 18:40 Stablecoins and Trust 22:20 Global Crypto Culture 28:00 Providing Essential Services 32:30 Adoption in Africa 37:00 Leapfrogging Technology 42:00 Becoming Borderless 47:45 Raising a Fund

53:00 ECHE EMOLE 55:00 Afropolitan 1:00:00 Africa is Primed 1:09:15 The Afropolitan Roadmap 1:15:45 Redrawing the Maps 1:19:30 Diaspora 1:28:45 The Team 1:33:05 Hope for Crypto

------ Resources

Yoseph Ayele https://twitter.com/yosephayele?s=20

Afropolitan https://twitter.com/afropolitan?s=20

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