We Study Billionaires - The Investor’s Podcast Network BTC216: Bitcoin Transforming Africa w/ Erik Hersman and Charlene Fadirepo (Bitcoin Podcast)
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Jan 8, 2025 
In this enlightening discussion, Erik Hersman, founder of Gridless, tackles energy challenges in rural Africa with innovative Bitcoin mining solutions. Charlene Fadirepo, author of 'The Bitcoin Leap,' shares insights on how Bitcoin empowers women and addresses systemic inequities. They explore the transformative role of Bitcoin in boosting financial inclusion, fostering community savings, and promoting human rights. The conversation shines a light on local energy partnerships and the significant potential for economic development across the continent.
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Jodam's Bitcoin Journey
- Charlene Fadirepo met Jodam, a Kenyan entrepreneur, three years prior at a Bitcoin conference.
- He transitioned from Bitcoin student to founder of BitSaco, a Kenyan Bitcoin savings tool.
Bitsaco's approach
- Bitsaco leverages traditional African savings groups (chamas/saccos) and applies them to Bitcoin.
- It uses Fedimint technology, offering a familiar savings approach with Bitcoin's benefits.
Community Custody
- Community custody (chamas, saccos, merry-go-rounds) is a long-standing practice in Africa.
- Groups pool savings, with one member accessing the lump sum each period, demonstrating shared custody.
