The Africa Bitcoin Conference commenced in Nairobi on Monday, bringing together crypto enthusiasts, industry leaders and experts to explore the evolving cryptocurrency landscape in the region. Among the notable figures attending was former Twitter (now X) CEO Jack Dorsey, who engaged in discussions centred on Bitcoin’s potential to drive economic growth amid challenges such as currency devaluation and corruption.
Christian Keroles, Director of Financial Freedom at the Human Rights Foundation, articulated a compelling vision for Bitcoin as a vehicle for economic liberation.
“Bitcoin is an internationally convertible currency. It has a fixed supply, so it can’t be inflated or intentionally devalued. It is corruption-free and has no racial or gender bias,” Keroles stated.
He further highlighted how Bitcoin’s decentralised structure could empower millions of Africans who remain excluded from traditional financial systems, offering them a secure and transparent financial platform.
Kenya stands out as a significant player in the African Bitcoin scene, boasting the third highest number of Bitcoin users in the continennt.
Local startups are leading the charge in Bitcoin adoption, creatively leveraging its unique capabilities to tackle local challenges.
Janet Maingi, Co-Founder of Gridless, remarked on the innovative strides being made in the country. “We look at Bitcoin in Kenya and we have companies and startups that have come up ensuring that whether it’s in education, mining, or other NGOs… we have the likes of Bitcoin Babies, Gridless, AfriBit, Bitcoin Dada, and many others that are really making a difference to push Bitcoin adoption.”
A few videos from the Africa Bitcoin Conference.
Published by Shariff Akankwasa
info@chaintech.africa