Hello African Bitcoiners,
We are excited to announce the launch of our new page, “How to keep your Bitcoin in your head.” This page is specifically designed to help Africans keep their Bitcoin safe by memorizing their seed phrase. With this innovative technique, you won’t have to worry about losing your seed phrase if it’s written on paper or if it falls into the wrong hands.
More details are below:
How to keep your Bitcoin in your head💆
Recent African Bitcoin News
African Bitcoiner Jobs
Playlist Recommendation
Let’s go 📥
We understand that many Africans are new to Bitcoin and may not be familiar with the importance of a seed phrase. A seed phrase is a unique set of words that serves as a backup for your Bitcoin wallet. If you lose your wallet or forget your password, you can use your seed phrase to regain access to your funds. However, keeping your seed phrase safe is critical, as anyone with access to it can steal your Bitcoin.
Our “How to keep your Bitcoin in your head” page offers an easy and effective way for you to memorize your seed phrase. We provide step-by-step instructions, tips, and examples to help you break down your seed phrase into smaller, more manageable parts. You can also learn how to create vivid and memorable images to associate with each part of your seedphrase, making it easier to recall.
Here are some interesting news from the African Bitcoin space:
1. 12-word seed phrase cracked in just 25 minutes
It’s crucial to be cautious about where we store our seed phrases, even if the words are not in the correct order. Andrew Fraser’s successful arrangement of a known 12-word seed phrase serves as a reminder of the importance of seed phrase security. Even a misplaced seed phrase could result in the loss of Bitcoin funds. Therefore, it is imperative to keep seed phrases confidential and stored in secure locations. Read more.
2. Bitcoin fraud lands South African CEO with a staggering $3.5B fine
The recent CFTC ruling against South African firm CEO Cornelius Johannes Steynberg highlights the importance of “not your keys, not your coins” when purchasing and storing Bitcoin. Steynberg was fined $3.4 billion for his involvement in fraudulent retail foreign currency transactions, associated person fraud, registration violations, and failure to comply with CPO regulations. He is also a fugitive from South African law enforcement and detained in Brazil on an INTERPOL arrest warrant. This case highlights the risks associated with entrusting funds to third-party entities and reinforces the need for individuals to exercise caution when purchasing and storing Bitcoin. Read more.
3. Zimbabwe’s De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May
The Reserve Bank of Zimbabwe (RBZ) has announced its plan to issue gold-backed digital tokens, but Bitcoin would have been a better option. Bitcoin is decentralized and not subject to the same risks and vulnerabilities as traditional currencies or commodities. It also has a limited supply, making it an excellent hedge against inflation. The RBZ’s gold-backed digital tokens are being issued for investment purposes with a vesting period of 180 days, but Bitcoin offers a more secure and flexible option. Read More.
Available Bitcoin Jobs:
1. Junior Copywriter and Community Manager
We are currently seeking a Junior Copywriter and Community Manager to join our team, and we are specifically looking for applicants who are fluent in English. If you are a talented writer and social media enthusiast who is passionate about creating engaging content, building a community, and working independently, we encourage you to apply. As long as you were born or raised in Africa and are currently living anywhere on the continent, and are fluent in English, you are eligible to apply. We look forward to hearing from you!
2. Junior PHP Coder
Are you a skilled PHP developer looking for a new challenge? We’re searching for a Junior PHP Coder born or raised in Africa and currently living anywhere on the continent to join our team. If you’re self-motivated, highly organized, and able to work remotely with minimal supervision, then we want to hear from you.
Looking for talented individuals to join your Bitcoin company and help build the future of decentralized finance?
Our Bitcoiner Jobs page is the perfect place to showcase your job opportunities to a community of skilled and passionate individuals in the Bitcoin space. By adding your job postings, you’ll gain access to a pool of qualified and experienced candidates knowledgeable about Bitcoin. Start building your dream team today and support the growth of the Bitcoin community by providing job opportunities for its members!
We are passionate about lighting up Africa with lightning nodes. Listen to this episode of Satoshi’s Journal “The Orange Sun” with our very own Megasley. As he explains our progress on putting a free routing node in every country in Africa and how you can open a channel to our nodes.
Please get in touch with us if you would like us to feature your available jobs, blog posts, podcasts, meetups, Bitcoin projects or anything else you might be working on for Bitcoin in Africa and we will feature you in our newsletter. Just email us on hello@bitcoiners.africa and we’ll make it happen.😃
Note that we only accept content on Bitcoin in Africa.
Stay Alert!😀
We believe that every African should have access to the tools they need to keep their Bitcoin safe. By memorizing your seed phrase, you can rest easy knowing that your Bitcoin is secure in your brain and can travel anywhere with you. We are proud to offer this innovative technique of memorizing seed phrases to Africans and encourage everyone to take advantage of it. Try it out for yourself and share it with your friends and family to help keep their Bitcoin safe too.
Don’t forget to share this newsletter with your friends too – let’s spread the word and drive Bitcoin adoption in Africa together!
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