Hello African Bitcoiner, 

Are you tired of worrying about the security of your Bitcoin? Are you looking for a way to store your digital assets in cold storage without breaking the bank? Look no further!

We’re excited to announce that we were inspired by the Zimbabwean Bitcoin group Bitcoin Reach to put together a new page on our website that will show you how to store your Bitcoin in cold storage for free. That’s right, FREE!

More details are below.

  • How To Setup Your Bitcoin Cold Storage For Free💌

  • Recent African Bitcoin News

  • African Bitcoiner Jobs

  • Watchlist Recommendation

Let’s go 📥

As the world continues to embrace the power of Bitcoin, it’s important that we too take steps to safeguard our hard-earned digital assets. One of the most secure ways to store your Bitcoin is through cold storage, which involves keeping your keys offline where they are less vulnerable to hacking and theft. Because we care about YOU and your Bitcoin savings journey, we have put together a page to teach you how to set up your Bitcoin cold storage for free!

On this page, you’ll find step-by-step instructions on how to create your own Bitcoin wallet and private keys and then how to “cold storage” these keys using a free offline paper wallet.

So what are you waiting for? Head to our website and check out our new page on cold storage for African Bitcoiners. Take control of your financial security and safeguard your Bitcoin today!

Here are some interesting news from the African Bitcoin space:

1. Our Million Sat Challenge receives interest from 14 African Countries

Million Sat Challenge, a campaign launched by African Bitcoiners, has received a lot of interest from 14 different African countries. The challenge aims to promote long-term Bitcoin savings in Africa by helping Africans hold the key to at least one million sats. The response to the initiative has been overwhelming, with participants from countries such as Togo, Benin, the Democratic Republic of the Congo, Angola, Burkina Faso, and Lesotho signing up to participate. Click here to read more.

2. Senegal rejects the CFA and is warming to Bitcoin

As we all know, the legacy of colonialism still lingers in West Africa and Senegal, with the CFA currency not being sovereign and leading to disempowerment and disenfranchisement of the people. However, there is hope on the horizon as Senegal recently hosted a Bitcoin conference that drew attention to the Lightning Network, with more merchants and customers joining the network every day. This is largely thanks to the country’s young, digitally-savvy population and the mobile money revolution, which aims to improve financial inclusion and conditions for underserved populations. The successful Dakar Bitcoin Days conference highlights the growing interest and eagerness among Senegalese to learn about and adopt Bitcoin as a means of payment. Click here to read more.

3. 90 Million People Use Cryptocurrency in Nigeria 

A recent study conducted by Trading Browser has revealed that Nigeria boasts the highest number of cryptocurrency owners and users in the world. With almost half of its population having used or owned cryptocurrency, representing 45 percent of the population, Nigeria ranks first among the countries with the highest cryptocurrency adoption rates. This is particularly significant given that Nigeria is also Africa’s largest economy and has a population of over 200 million people, a large percentage of whom are youth.
Although the Nigerian government banned commercial banks from facilitating cryptocurrency transactions, the youth have turned to the Peer-to-Peer (P2P) transaction model provided by Binance and Paxful for support. Click here to read more.                                                                                                              

4. Namibia Among Top African Countries Where Giveaway Crypto Scammers Generated Highest Revenues in 2022

A new report by Chainalysis has revealed that despite the risks associated with investing in cryptocurrencies, African investors were more often targeted by giveaways and investment scams, suggesting a strong interest in the cryptocurrency craze. The report also noted a decrease in scam revenue overall, but some scams were still highly lucrative. One such scam, the Hyperverse, generated nearly $1.3 billion in revenue. Click here to read the report.

Available Bitcoin Jobs:

1. African Bitcoiners

We are on the lookout for a Junior Copywriter and Community Manager and a Junior PHP Coder born or raised in Africa and currently living anywhere in Africa to join our team. If you can work remotely with minimal management, you might be who we are looking for! Check out our Bitcoiner Jobs page for more details about the roles.

2. The MAS Network 

Supercharge your Million Sat Savings… The MAS Network is giving away 100,000 sats! to anyone who can create a 30-second video of themself paying for any good or service with Bitcoin at a physical store. Click here to see other jobs from the Mas Network.

3. Marketing Specialist

Bumbee is on the lookout for a marketing specialist to join their team in Nigeria. To qualify for this role, the ideal candidate must have experience in B2C software products marketing, developing and executing marketing campaigns across various channels, including digital, print, and events. Click here to see more about the role.

4. Bitrefill

Bitrefill is on the lookout for a frontend developer, a backend developer , and a data engineer from Africa and willing to work remotely. Hurry, check out our Bitcoiner Jobs page to see if you meet the requirements for any of these roles!

Listen to Spencer Lodge and Robert Breedlove’s interview as they dive deep into the history of money, how governments manufacture inflation and why Bitcoin is the only asset in the world that is independent of anyone’s opinion. Robert shares mind-blowing insights into the future of money and whether Bitcoin, gold, or traditional fiat currency will be the way forward. 

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.

Thanks for reading our newsletter, fellow African Bitcoiners! 

We hope you had a great time learning about all the exciting developments in the world of Bitcoin and Africa.

Remember, Bitcoin isn’t just a digital currency; it’s a movement that’s changing the world one Satoshi at a time. So, keep stacking those sats and don’t forget that your Bitcoin is as safe as the measures you put in place to safeguard them. 

Check out the available cold storage options for your Bitcoin.

Stay sat-savvy, and we’ll catch you in the next edition of our newsletter!

Feel free to share this newsletter with your friends too.

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