Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In this episode, Nik is joined by TBL's Africa Correspondent Noelyne Sumba. Based in Kenya, Noelyne regularly joins our show to discuss bitcoin adoption throughout Africa. Today, we learn about the inflation crisis and union strikes in Nigeria, as well as why Nigerians are extremely reliant on Tether and other dollar stablecoins for business survival. Also discussed are bitcoin as a savings tool and coups in areas affected by French neocolonialism. New YouTube videos M/W/F — New Substack posts T/R/S The Bitcoin Layer is brought to you by River and Foundation Devices. Visit https://river.com and start buying today, or visit https://river.com/TBL for $5 free when you sign up and buy $100 in Bitcoin. Go to https://thebitcoinlayer.com/foundation to receive $10 off your purchase of a Passport by Foundation Devices, the most intuitive bitcoin wallet on the market today. Subscribe to TBL on Substack: https://TheBitcoinLayer.substack.com Follow TBL on Twitter: https://twitter.com/TheBitcoinLayer Follow TBL on LinkedIn: https://linkedin.com/company/TheBitco... Follow TBL on Instagram: https://instagram.com/TheBitcoinLayer Follow TBL on TikTok: https://www.tiktok.com/@thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Subscribe and turn on notifications for TBL on YouTube. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Sign up for the free Monetary History course on @SaylorAcademy : http://sylr.org/MonetaryHistory Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball Block Height 810356 #TheBitcoinLayer #NikBhatia #JoeConsorti #NoelyneSumba #BitcoinEkasi #Africa #Kenya #Nigeria #French #Union #SouthAfrica #Democracy #Governance #Lightning #Sats #Satoshis #Satoshi #BitcoinNode #Node #SelfSovereign #Adoption #Earn #Spend #Travel #AfricaBitcoinConference #CircularEconomy #Banks #Bank #CentralBanks #LegalTender #CBDC #Economics #Payments #Educator #Teacher #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Blockchain #Mining #BitcoinMining #Macro The Bitcoin Layer and its guests do not provide investment advice. Chapters: 00:00:00 - Bitcoin Adoption and Inflation in Nigeria 00:03:09 - Impact of Fuel Subsidy Removal on Nigeria's Economy 00:06:15 - Removal of Subsidies and Economic Impact in Nigeria 00:09:20 - The Adoption of Stable Coins in Nigeria 00:12:25 - The Adoption of Digital Currency in Nigeria 00:15:34 - The Dire Need for Digital Dollars in Africa 00:18:56 - The Control of France over African Countries 00:22:09 - Unrest and Inflation in CFA Frank Countries 00:25:18 - African Currency Devaluation

Subscribe to The Bitcoin Layer on Soundwise