TLS31: Abubakar Nur Khalil on the ₿ Trust and Lightning Innovation in Africa

Abubakar Nur Khalil is the CEO at Recursive Capital, a ₿ Trust board member, and a co-founder at Qala.

Abubakar and I discussed his role in overseeing Jack Dorsey and Jay Z’s ₿ Trust, Bitcoin and Lightning adoption in Nigeria and Africa more broadly, investing in African Lightning startups through his work at Recursive, and educating the next generation of Bitcoin developers.

→ Recursive Capital: https://rcrsv.xyz

The Lightning Round is sponsored by Voltage, where you can ask me questions over the Lightning Network.

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Timestamps:

00:00 - Intro

00:59 - Abubakar Nur Khalil Intro

12:00 - What Motivates Abubakar To Build on Bitcoin?

17:56 - The Evolution of Payments & Banks in Nigeria

26:46 - Bitcoin’s Role in Helping the Banked & Unbanked

34:09 - Is Bitcoin A Hedge Against Inflation in Nigeria?

38:40 - Abubakar’s Role in Jack Dorsey & Jay Z’s B Trust

57:55 - Factors Limiting Lightning Adoption

1:02:45 - What Applications Will Accelerate Lightning Adoption?

1:18:33 - The Lightning Round