BTC169: Bitcoin Changing Africa's Energy and Finance Incentives w/ Alex Gladstein (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 14 February 2024

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Alex Gladstein discusses Bitcoin's impact on Africa, leveraging natural resources for mining to provide electricity and financial stability. Highlighting cases in Malawi and Kenya, he shows how Bitcoin offers a stable currency and supports renewable energy, transforming economic landscapes and promoting sustainable development. This narrative illustrates Bitcoin's potential as a catalyst for empowerment and progress across the continent. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 00:57 - The potential of Bitcoin to drive sustainable development in Africa. 00:57 - How Africa's natural resources can be utilized for Bitcoin mining. 11:07 - The role of Bitcoin mining in providing access to electricity and reducing energy costs. 16:25 - Examples of successful Bitcoin mining projects in Malawi and Kenya and their socio-economic benefits. 25:09 - Strategies for leveraging stranded energy resources for economic empowerment and environmental conservation. 26:17 - Ways in which Bitcoin acts as a stable, decentralized currency for regions facing inflation. 44:37 - The impact of micro-hydroelectric and geothermal energy projects on local communities. 45:57 - The importance of local entrepreneurship and community initiatives in the adoption of Bitcoin mining. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Alex’s article in Bitcoin Magazine: Stranded. Alex’s Twitter. The Human Rights Foundation. Check out all the books mentioned and discussed in our podcast episodes here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Linkedin Marketing Solutions Fidelity Efani Shopify NDTCO Fundrise Wise NetSuite TurboTax Vacasa NerdWallet Babbel Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	You're listening to TIP.
0:02.0	Hey everyone, welcome to this Wednesday's release of the Bitcoin Fundamentals Podcast.
0:07.0	This episode is brought to you by River, the place that I personally go to securely invest in Bitcoin with confidence and with zero fees.
0:15.4	On today's show I have back by popular demand, Mr Alex Gladstein.
0:20.2	The thing I love about Alex is he's the living example of proof of work.
0:24.0	Well, most of us are here just talking about Bitcoin and what it might bring to the world.
0:28.0	He's actually out there in far off parts of the world, seeing and responding to real use cases and interactions as they
0:35.8	impact all the parts of the world.
0:38.5	During today's conversation, we talk about some of the amazing things he saw firsthand happening in Africa and how
0:43.8	Bitcoin mining is changing the local culture, education, and energy grid. This is a
0:49.5	conversation you will not want to miss, so's my chat with Alex Kladstein.
0:57.0	Celebrating 10 years you are listening to Bitcoin Fundamentals by the Investors Podcast Network.
1:04.0	Now for your host, Preston Pish. Hey everyone welcome to the show I'm here with the one and only Alex Gladstein
1:19.4	welcome back to the show thank you for having me back. Preston, it's always really fun. So you write these just
1:27.2	amazing pieces and I go through it and I'm reading this and I'm just thinking this has to be
1:32.4	turned into some type of audio
1:34.4	like this article needs to be in some type of audio format or podcast discussion
1:40.0	your latest stranded how Bitcoin is saving wasted energy and expanding financial freedom in Africa.
1:46.4	The stories in here are just miraculous. They're just so inspiring and so exciting to hear.
1:54.0	So I think I know the answer to this question,
1:56.8	but give us the impetus for writing this article.
2:00.1	Like what event happened, what travel happened, like just walk us through the impetus of it
	...

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