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The Power of Grassroots Adoption: How Bitcoin is Changing Lives in South Africa
Manage episode 440406383 series 3590029
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Jedi hosts Herman around the adoption of bitcoin as a medium of exchange in township in South Africa.
Herman shares the story of how he and his team introduced Bitcoin to the local community, starting with a small group of coaches who were paid in bitcoin.
They discuss the struggles of Bitcoin adoption in South Africa and the bigger philosophical conversations around the use of Bitcoin as digital gold instead of a means of payment.
The ultimate goal of the Ekasi is to create a circular economy where bitcoin is used as both a store of value and a medium of exchange, empowering individuals and businesses in the community.
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