AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Onramp Media
Final Settlement E013: Bitcoin is the Real Fintech with Abubakar Nur Khalil
Sep 24, 2024
Abubakar Nur Khalil is a key figure in Bitcoin discussions, emphasizing its role as a transformative fintech innovation. He dives into Bitcoin's potential to reshape value transfer, especially in Africa, where it's viewed as a sustainable financial solution. Khalil discusses the complex relationship between Bitcoin and stablecoins, advocating for alignment with Bitcoin's core principles. He also touches on mining's impact on job security and regulatory challenges, while positioning Bitcoin as a halal financial instrument, distinct from fiat currency.
01:11:26
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Bitcoin serves as a foundational technology with capabilities that extend beyond being an investable asset, facilitating innovative financial structures.
- The rising confidence among young African developers to engage with Bitcoin highlights its potential to address local socio-economic challenges.
Deep dives
The Nature of Bitcoin as Foundational Technology
Bitcoin is positioned as a foundational technology rather than merely an investable asset. It functions as a universal network capable of facilitating transactions of varying scales, from micro to macro levels. As a piece of software, Bitcoin provides functionalities beyond simple currency investments, allowing the exploration of innovative financial structures. The ongoing debate contrasts Bitcoin’s utility versus perceptions of it being just 'digital gold', emphasizing the importance of understanding its technological implications for the future.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode