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24 Jul 2025

How Bitcoin Became a Medium of Exchange in Kibera – AfriBit Founder Ronnie Mdawida Explains

How Bitcoin Became a Medium of Exchange in Kibera – AfriBit Founder Ronnie Mdawida ExplainsThe conversation explores the impact of Bitcoin adoption in Kibera, Kenya, through the initiatives of AfriBit. Ronnie discusses the challenges of financial inclusion, the role of education in promoting Bitcoin, and the community’s engagement in using Bitcoin as a medium of exchange. The discussion highlights the importance of local merchants, the influence of gender dynamics, and the potential for Bitcoin to empower marginalized communities. Ronnie shares insights on the future vision for Bitcoin in Kibera and the ongoing efforts to create a sustainable Bitcoin economy. Timestamps: 00:00 Introduction to AfriBit and Kibera 01:17 The Birth of Bitcoin in Kibera 03:30 Financial Inclusion through Bitcoin 05:06 Adoption Patterns and Gender Dynamics 07:18 Community Engagement and Education 09:

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