Overview: Today we’re going to discuss cryptocurrency trading in Africa. We start with the global context of cryptocurrency, review crypto trading exchanges in Africa & end with our overall outlook. This episode was recorded on Mar 21, 2021.

Companies discussed: Coinbase, BitPesa, Xend, BuyCoins, eToro, Luno, Paxful, Quidax & Coinmama

Business concepts discussed: Asset allocation strategy, decentralized networks, cryptocurrency innovation, Fintech customer acquisition strategy, investment regulation & open-source decentralization

Conversation highlights:

(01:30) - Why we’re talking about Cryptocurrency in Africa
(03:20) - Background and context: Cryptocurrency, Bitcoin and Altcoins
(12:20) - Potential downsides of cryptocurrencies; Stablecoins background
(22:40) - Rise of cryptocurrency in Africa
(28:52) - Use cases for cryptocurrency in Africa
(36:15) - Africa’s regulatory environment for cryptocurrency
(40:30) - Crypto startups in West Africa
(49:36) - Crypto startups in Southern Africa
(55:20) - Crypto startups in East Africa
(59:59) - Crypto startups in North Africa
(1:07:44) - Bankole's overall outlook
(1:18:03) - Olumide’s overall outlook
(1:27:50) - Recommendations and small wins

Olumide’s recommendations, small wins & open questions:

Recommendation: Sam Altman's Stanford course: "How to Start a Startup": 20 videos about startup life from 2014. Fabulous.
Small win: Getting into the routine of chatting with friends on video call weekends. A lot of fun
Other content: ARK Invest Bitcoin white paper Part 2 (from 2020-Sep) & Stablecoins explanation (by 99Bitcoins)
Open question: How should African govt regulate cryptocurrency trading?

Bankole’s recommendations, small wins & open questions:

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