Episode
nrc18 | The realities of Bitcoin adoption in Africa with Nzonda Fotsing
- Podcast
- new renaissance capital
- Published
- Dec 14, 2023
- Duration seconds
- 3715
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Summary
Nzonda Fotsing is a class act. Kindhearted and thoughtful, yet also realistic, he's an excellent representative of Francophone Africa in the Bitcoin space. In this interview, we discuss the realities of Bitcoin adoption in Africa, how French-speaking Africa is not gravitating to Bitcoin as quickly as English-speaking Africa, and why Nzonda wrote his book — Bitcoin Kids. We also discuss how to best approach Bitcoin education and the challenges that surround it. The nuance with which Nzonda speaks is evidence that has he not only thought through the issues surrounding the topics we discuss but that he's been on the front lines of trying to bring Bitcoin to more people. Enjoy the interview! Follow Nzonda on social media: X (Twitter): @BitcoinSophist Purchase Nzonda's book, Bitcoin Kids, here: https://thebitcoinkids.com/ Support Nzonda here: https://geyser.fund/project/bitcoinkids Timestamps: 0:00 Cold open 0:43 Intromusic 0:57 Introduction 4:14 Cameroon, the CFA Franc and French control 7:08 Issues w/ the economies of French-speaking countries 10:08 Cognitive dissonance and fear around money 11:42 How Nzonda found Bitcoin (& Paxful) 19:40 Becoming an author 23:55 The reality of Bitcoin and The Global South 30:50 Getting the real story of Bitcoin in Africa 36:50 Perspective vs perception 41:14 Praxeology 45:18 Bitcoin is less popular in French-speaking Africa 50:36 How to support African Bitcoin educators 59:02 Where to find Nzonda and Bitcoin Kids online 1:01:02 Outro Listen and subscribe on the platform of your choice: YouTube: https://www.youtube.com/@newrenaissancecapital Apple Podcasts: https://podcasts.apple.com/us/podcast/new-renaissance-capital-w-frank-corva/id1696184407 Spotify: https://open.spotify.com/show/7k6eUo3z5L5LEeP0Bo35SP?si=4eb4482b611c4983 Google Podcas…