Hello African Bitcoiner,
As Bitcoin continues to gain popularity and acceptance in Africa, we are committed to providing platforms for Africans to participate in the financial revolution that Bitcoin represents. Today, we are excited to announce the launch of our Million Sat Challenge, and we welcome you all to join us on this journey toward financial freedom! One of our primary goals for our continent is to help create a billion African millionaires in sats holding, and we believe that this challenge is a significant step towards achieving this goal. More details are below!
Million Sat Challenge 😍
Recent African Bitcoin News
African Bitcoiner Jobs
African Bitcoin Meetups
Let’s go 📥
Our Million Sat Challenge is an opportunity for Africans to start accumulating Bitcoin and be a part of the freedom Bitcoin affords our continent. If Bitcoin wins and becomes world money, 1 sat could equal $1 or even more! We want a billion Africans to hold the keys to at least 1 million sats each, locked away for their future. Through this challenge, we aim to educate and empower as many Africans as we can reach to make the most of Bitcoin and, ultimately, achieve financial independence. Join us now!
We will also appreciate your feedback on how we can improve our Million Sats Challenge. Please reach out to us with your feedback here.
Here are some interesting news from the African Bitcoin space:
1. The Nigerian Election And Naira Crisis Are Fueling Bitcoin Adoption
According to an article by Abubakar Nur Khalil a Bitcoin core contributor and CEO of Recursive capital, the recent economic cash crisis in Nigeria has increased bitcoin’s value proposition for average Nigerians, making it an indispensable financial safe haven. The naira redesign has exacerbated the current economic hardship, leading to record-high inflation, a cash shortage, and an incoming administration that will determine the country’s course for the next few decades and the continent’s political landscape. Click here to read more.
2. Binance Adds the Liberian Dollar, Gambian Dalasi, and Others to P2P
Binance has added the Liberian dollar (LRD), Sierra Leonean leone (SLL), Gambian dalasi (GMD), Mauritanian ouguiya (MRO), and Cape Verdean escudo (CVE) to its Peer to Peer (P2P) market place. This new development is part of Binance’s effort to expand its product offerings and bolster its presence in Africa. Binance is the world’s largest crypto exchange by trade volume and has a global blockchain ecosystem spanning trading services, infrastructure solutions, educational resources, research, social good and charitable programs, investment, and incubation initiatives. It has maintained a unique status by providing access to broad financial tools while maintaining one of the lowest fees in the business. Click here to read more.
3. Bitcoin Adoption To Grow 50% By 2025
Bitcoin adoption among merchants is expected to increase by 50% in the next three years, according to a survey conducted by Ripple and Faster Payment Council. The top four use cases of crypto payments include remittances, cross-border B2B payments, card payments, and digital payments. Most payment companies believe that merchants globally will use more cryptocurrencies in the near term, with the Middle East leading the adoption race. Click here to read more.
4. The Central Bank of Rwanda Issues Public Notice Warning Against Cryptocurrencies Including Stablecoins
The National Bank of Rwanda (BNR) has warned the public to be aware of the risks associated with crypto-assets and to avoid being enticed into any investments related to them until a regulatory framework has been established. According to the central bank, crypto-assets come in many forms and remain unregulated, making them vulnerable to scams and price volatility. The Central Bank also warned that crypto-assets are vulnerable to money laundering activities, which could harm the integrity and reputation of the financial system. Click here to read more.
Available Bitcoin Jobs:
1. African Bitcoiners
We are on the lookout for a junior copywriter and a UX designer 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
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.
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!
Here are upcoming Bitcoin meetups we are excited about:
1. South Africa Bitcoin Conference
We are excited to announce that the South Africa Bitcoin Conference will be held sometime in 2024. You can vote in the ongoing poll to determine when the conference should take place in 2024! Vote here.
To understand why saving fiat currency is not advisable, especially on a continent like Africa, you’ll appreciate this incredible conversation between Tom Bilyeu and Robert Breedlove. Listen to Robert break down inflation like very few can and take a deep dive on money, what property is, why assets matter, and why Bitcoin solves a lot of problems.
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 at email@example.com and we’ll make it happen.😃
Note that we only accept content on Bitcoin in Africa.
We understand the economic struggles of being an African, which is why we’re committed to providing you with the tools, resources, and support you need to succeed. Our Million Sat Challenge is packed with practical tips, strategies, and insights to help you save up as many sats as you can work for.
We believe that together, we can create a community of empowered and Bitcoin-literate Africans who are ready to take charge of their financial futures. So, join us on this journey, and let’s work towards helping to create a billion African millionaires in sats holding.
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