Community Custody: Bridging Tradition and Bitcoin in Africa

This chapter explores community custody in relation to financial practices in Africa, focusing on traditional collective saving groups like merry-go, sacco, and chamas. It discusses the integration of these practices with Bitcoin technology, exemplified by BitSaco, to enhance savings and financial outcomes within established community networks.

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In this episode, we discuss the Africa Bitcoin Conference, the passion for Bitcoin and human rights in Africa, and the innovative solutions tackling energy and financial inclusion. Featuring insights from Erik Hersman (Gridless) on energy infrastructure and Charlene Fadirepo on empowering African women through Bitcoin, we uncover how this technology is reshaping lives and creating opportunities for a brighter future.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

02:02 - Why the Africa Bitcoin Conference was so impactful and community-driven.

10:24 - How Erik Hersman and Gridless are solving the energy challenge in rural African communities.

15:21 - The role of Bitcoin in empowering individuals and advancing human rights.

15:36 - Key partnerships and energy sources powering Bitcoin mining in Africa.

21:40 - Secondary effects of energy infrastructure on local villages.

31:41 - Insights into Charlene Fadirepo’s four laws to leap and their relevance to Africa's Bitcoin transformation.

43:17 - The financial challenges and systemic inequality historically faced by marginalized communities, and how Bitcoin offers a reset.

49:43 - How education and talent in Africa are driving Bitcoin adoption.

51:30 - Practical ways individuals can contribute to Bitcoin’s growth in Africa.

BOOKS AND RESOURCES

Erik’s X Account.
Charlene’s X Account.
Charlene’s New Book: The Bitcoin Leap: How Bitcoin is Transforming Africa.
Gridless Website.
B-Trust Website.
ABC Conference Website.
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