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Once the network was set in motion
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Banking on Africa: The Bitcoin Revolution

Once the network was set in motion, that system runs by consensus

Once the network was set in motion, that system runs by consensus

Full Transcript

00:00:01.000 --> 00:00:03.054
Once the network was set in motion,
00:00:03.054 --> 00:00:06.963
that system runs by consensus.
Duration
7 seconds
Views
19
Timestamp in Movie
00:13:11
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.
- Can you tell me about Usizo? - Banking on Africa: The Bitcoin Revolution 00:04
- Can you tell me about Usizo?
Anybody from anywhere in the world could pay - Banking on Africa: The Bitcoin Revolution 00:11
Anybody from anywhere in the world could pay
I actually thought instead of just talking about something, - Banking on Africa: The Bitcoin Revolution 00:05
I actually thought instead of just talking about something,
The whole point of this project - Banking on Africa: The Bitcoin Revolution 00:05
The whole point of this project
I mean, obviously there's a lot more things - Banking on Africa: The Bitcoin Revolution 00:07
I mean, obviously there's a lot more things
If they can have that burden lifted a little, - Banking on Africa: The Bitcoin Revolution 00:12
If they can have that burden lifted a little,
One of the struggles that we've had - Banking on Africa: The Bitcoin Revolution 00:06
One of the struggles that we've had
A lot of these metering companies make a lot of money - Banking on Africa: The Bitcoin Revolution 00:10
A lot of these metering companies make a lot of money
Now, having a blockchain-based system means - Banking on Africa: The Bitcoin Revolution 00:11
Now, having a blockchain-based system means
So, it was quite an uphill struggle, - Banking on Africa: The Bitcoin Revolution 00:06
So, it was quite an uphill struggle,
So what we can do is perhaps bring an antenna through here - Banking on Africa: The Bitcoin Revolution 00:06
So what we can do is perhaps bring an antenna through here
So, once we get the donation going through, - Banking on Africa: The Bitcoin Revolution 00:11
So, once we get the donation going through,
It will be hard to see now, - Banking on Africa: The Bitcoin Revolution 00:12
It will be hard to see now,
- The blockchain is the operating system that it runs on. - Banking on Africa: The Bitcoin Revolution 00:05
- The blockchain is the operating system that it runs on.
So, you can see it as your Windows, - Banking on Africa: The Bitcoin Revolution 00:06
So, you can see it as your Windows,
The software layer is the blockchain - Banking on Africa: The Bitcoin Revolution 00:09
The software layer is the blockchain
- Blockchain is the magic behind the money, - Banking on Africa: The Bitcoin Revolution 00:09
- Blockchain is the magic behind the money,
It is the technology that underpins Bitcoin - Banking on Africa: The Bitcoin Revolution 00:07
It is the technology that underpins Bitcoin
You can use it to store data like patents or wills, - Banking on Africa: The Bitcoin Revolution 00:09
You can use it to store data like patents or wills,
The authenticity of the exchange of value, or transactions, - Banking on Africa: The Bitcoin Revolution 00:11
The authenticity of the exchange of value, or transactions,