The early ideal of crypto was about building a new kind of financial system—decentralized and democratic—where governments and corporations couldn’t make the rules. The growing influence of tech elites may succeed in rolling back these democratic ideals—especially in Europe. This article analyzes how this influence manifests, the specific threats it...
Crypto was meant to be different. Remember the promise? Equal access to information, equal opportunity to invest, equal terms for all companies. Somewhere along the way, that spirit got lost. It was drowned out by a tsunami of pre-mines, private sales and venture capital goosed speculation. The dream choked on...
Bolivia is hurting. Near-zero dollar reserves, inflation hitting like a gut punch, fuel supply issues… it’s the trifecta. Given this context, it’s no wonder that some Bolivians are looking at crypto as a potential lifeboat amid the crisis. Is it really the lifeline folks are making it out to be?...
In conclusion Africa’s crypto story is one of hope, resilience, a hope and resilience but a desperate need for financial solutions. Put aside the Lambos and moonshots you read about on crypto Twitter. It’s food on the table and sending kids to school. Together, we hope to foster a future...
KYC of course is widely touted in crypto as the cure to fraud and money laundering. The harsh reality is it’s usually not adequate, and at times it actually exacerbates the problem. We're essentially applying a band-aid to a gaping wound and pretending we've solved the problem. Imagine it like...
Now, picture Amina, a Kenyan farmer. She avoids predatory loan sharks by accessing micro-loans on a decentralized finance (DeFi) platform built entirely on the Bitcoin network. Get acquainted with Kwame, a vibrant 9-year-old Nigerian entrepreneur. Now, he can easily receive payments from international clients and customers, skipping the big fees...
Remember the Chainlink hype? The promises of revolutionizing data feeds? The chilling effect on innovation from the torturous uncertainty created by this promise for XRP-type gains that never actually happened. We all experienced that twinge of despair, that wistful ache of “maybe.” While some investors are still chasing those elusive...
Forget the charts. Forget the daily price fluctuations. Bitcoin can’t be understood in terms of dollars. Its true value is the empowerment it offers them. We’re so busy obsessing over whether Bitcoin will hit $100,000 that we’re missing the real story: Bitcoin is a tool, and in Africa, it's a...
Africa's fintech scene is buzzing, isn't it? And we have seen all that mobile money has done to revolutionize how people transfer and receive money. Yet millions are still cut off from the common financial ecosystem. High transaction fees, limited access to credit, and the sheer difficulty of sending money...
Imagine walking into a bank, to open an account, and you have no ID. Impossible, right? For millions of African people, this is not a hypothetical, it’s a day-to-day reality. Without access to traditional banking services, along with a lack of proper identification, it poses one very large barrier to...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...
The original and inarguable promise of crypto was decentralization and freedom. We lost sight of that dream and exchanged it for something else. A façade that appears solid even if it’s a digital optical illusion shimmering on top of a fintech swamp crater. I'm talking about stablecoins.Are Your "Safe" Coins...