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Governments then stand
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Banking on Africa: The Bitcoin Revolution

Governments then stand as what we call a lender of last resort

Governments then stand as what we call a lender of last resort

Full Transcript

00:00:01.000 --> 00:00:02.033
Governments then stand
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as what we call a lender of last resort.
Duration
5 seconds
Views
18
Timestamp in Movie
00:22:19
Uploaded
May 27, 2025
Genres
documentary
Production
N/A

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Movie Summary

This documentary follows the journey of Bitcoin pioneers as the African continent seeks to leverage cryptocurrency to increase their independency from a banking system that fails them.
So, governments say, if the bank doesn't have enough money - Banking on Africa: The Bitcoin Revolution 00:08
So, governments say, if the bank doesn't have enough mo...
But, of course, that money needs to come from somewhere too, - Banking on Africa: The Bitcoin Revolution 00:10
But, of course, that money needs to come from somewhere too,
The U.S. government didn't have enough money - Banking on Africa: The Bitcoin Revolution 00:14
The U.S. government didn't have enough money
- Every country's economy is intertwined - Banking on Africa: The Bitcoin Revolution 00:15
- Every country's economy is intertwined
The saying before 2008 - Banking on Africa: The Bitcoin Revolution 00:08
The saying before 2008
Over a decade later, - Banking on Africa: The Bitcoin Revolution 00:07
Over a decade later,
- Hi, my name is Bheki Mahlobo, - Banking on Africa: The Bitcoin Revolution 00:06
- Hi, my name is Bheki Mahlobo,
So, I'm an economics student, - Banking on Africa: The Bitcoin Revolution 00:11
So, I'm an economics student,
This is because in university we're not particularly exposed - Banking on Africa: The Bitcoin Revolution 00:14
This is because in university we're not particularly ex...
What is your opinion of Bitcoin being used - Banking on Africa: The Bitcoin Revolution 00:09
What is your opinion of Bitcoin being used
- You're absolutely right that in our universities - Banking on Africa: The Bitcoin Revolution 00:10
- You're absolutely right that in our universities
This new technology will really put the power - Banking on Africa: The Bitcoin Revolution 00:16
This new technology will really put the power
This is a real freedom, - Banking on Africa: The Bitcoin Revolution 00:08
This is a real freedom,
- 21-year-olds don't normally - Banking on Africa: The Bitcoin Revolution 00:07
- 21-year-olds don't normally
The first time I heard about Bitcoin - Banking on Africa: The Bitcoin Revolution 00:05
The first time I heard about Bitcoin
This movie doesn't cover Bitcoin in a positive light. - Banking on Africa: The Bitcoin Revolution 00:05
This movie doesn't cover Bitcoin in a positive light.
And then, I heard it again, and I was like - Banking on Africa: The Bitcoin Revolution 00:10
And then, I heard it again, and I was like
So he was explaining central banking, right, - Banking on Africa: The Bitcoin Revolution 00:09
So he was explaining central banking, right,
He explained that we actually don't need the system. - Banking on Africa: The Bitcoin Revolution 00:04
He explained that we actually don't need the system.
In a normal economy things are supposed - Banking on Africa: The Bitcoin Revolution 00:13
In a normal economy things are supposed