Tim Akinbo: Bitcoin is a Store of Value for the African People - Ep. 063
My guest in this episode is Tim Akinbo. He comes from Nigeria and is involved in the Bitcoin space since 2014. I got to know Tim when I asked for bitcoin donations for a school in Harare, Zimbabwe. He contacted me on Twitter and offered to setup a BTCpayserver so that we can receive lightning payments, too. That was of great help. I looked him up and realized that Tim is also a Bitcoin Core contributor, Software developer and has a lot of experience with e-commerce and international payments.
Our topics:
- How he learned about Bitcoin
- His contribution to Bitcoin Core
- The use-cases for Bitcoin in Nigeria and Ghana
- Methods of payments in Nigeria
- How Bitcoin is traded in Africa
- Why the trading volume in Africa increased during the Corona pandemic
- His perspective on zimbo.cash
- Use-cases for Altcoins
- The deprecation of the Naira and other African currencies
- Bitcoin as a store of value for African people
- His new project to make full nodes in Africa visible
"I think from an individual perspective, Bitcoin will make it possible for people to really, really save, on the African continent." - Tim Akinbo
"I really have not been able to figure out, if any other Altcoin really has any use case, besides probably providing some avenue for a speculation, but in terms of real world use cases, I don't think that any of the so-called limitations of Bitcoin are strong enough to actually kind of overcome it's network effects and liquidity." - Tim Akinbo
Another Interesting Talk by Tim Akinbo
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