To watch in HD, get ClipCafe PRO
You can come and settle afterwards
Please log in to add to collections.
Banking on Africa: The Bitcoin Revolution

You can come and settle afterwards and the person who came second needs to settle with me...

You can come and settle afterwards and the person who came second needs to settle with me as well

Full Transcript

00:00:01.000 --> 00:00:03.002
You can come and settle afterwards
00:00:03.002 --> 00:00:04.044
and the person who came second
00:00:04.044 --> 00:00:06.165
needs to settle with me as well.
Duration
6 seconds
Views
17
Timestamp in Movie
00:20:47
Uploaded
May 27, 2025
Genres
documentary
Production
N/A

Want This Clip in HD?

Upgrade for HD/4K downloads and unlimited access. Upgrade now →

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.
It's not that central financial authorities were a bad idea. - Banking on Africa: The Bitcoin Revolution 00:04
It's not that central financial authorities were a bad ...
It gave us a way of scaling up to what now - Banking on Africa: The Bitcoin Revolution 00:05
It gave us a way of scaling up to what now
You could travel to the other side of the world - Banking on Africa: The Bitcoin Revolution 00:14
You could travel to the other side of the world
That's the second highest price - Banking on Africa: The Bitcoin Revolution 00:05
That's the second highest price
It's a great game for me - Banking on Africa: The Bitcoin Revolution 00:10
It's a great game for me
It's designed so that I'm gonna win - Banking on Africa: The Bitcoin Revolution 00:07
It's designed so that I'm gonna win
We all remember what happened - Banking on Africa: The Bitcoin Revolution 00:05
We all remember what happened
In that situation, we were reminded again - Banking on Africa: The Bitcoin Revolution 00:05
In that situation, we were reminded again
We have a fractional reserve banking system - Banking on Africa: The Bitcoin Revolution 00:17
We have a fractional reserve banking system
When a bank gives you a loan to buy a house, for example, - Banking on Africa: The Bitcoin Revolution 00:07
When a bank gives you a loan to buy a house, for example,
That's basically money they can make out of thin air. - Banking on Africa: The Bitcoin Revolution 00:04
That's basically money they can make out of thin air.
But when you have a run on the bank, - Banking on Africa: The Bitcoin Revolution 00:11
But when you have a run on the bank,
Governments then stand - Banking on Africa: The Bitcoin Revolution 00:05
Governments then stand
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,