Banking on Africa: The Bitcoin Revolution

gepubliceerd op by Cointele | gepubliceerd op

Another week, another cryptocurrency documentary review... Although Banking on Africa: The Bitcoin Revolution, released May 22, promises something a little different.

For a start, amongst the usual crypto-101 and industry-overview fare, a focus on how Bitcoin and cryptocurrency is transforming the African continent feels like a breath of fresh air.

Most documentaries don't have an accompanying in-depth 37-page report, allowing viewers to dive deeper into "The State of Cryptocurrency in Africa" and follow up on the topics covered in the film.

The film opens with Lorien Gamaroff, founder of the blockchain-based social outreach project Uziso, standing outside a Soweto school in the dark.

It also features the story of Alakanani Itireleng, Africa's original Bitcoin Lady, who discovered Bitcoin when trying to help her terminally ill son, and set up Botswana's SatoshiCentre to spread the word of Bitcoin in Africa after he sadly passed away.

Exploring how Bitcoin and cryptocurrency can enact actual social change in African communities desperate for the opportunity to improve their living conditions is a strong theme.

The threads featuring Gamaroff and Itireleng are spread across the film's 47 minute run-time.

To be fair, the film achieves this balance well, but leaves me wanting to discover more of the individual projects which are changing Africa for the better.

Where many cryptocurrency-related documentaries have felt overly long, I genuinely wish there was another half hour or so of this, giving some more practical examples of how crypto can change the Africa continent, and the world.

The film promotes cryptocurrency, promotes Africa, but never once promotes Luno... to which I doff my hat.

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