I'd encourage you to read Alex Gladstein, of the Human Rights Foundation. He recently traveled to Africa and reports a very different conclusion. Cheers.
Here's a shocking statistic: Zambia has 4x the per capita energy consumption of Kenya. How could this be? Only 30% of their populace is grid connected against Kenya's 70%. Answer: Zambia has a lot of demand from the mining sector.
Your posts often deal with the African energy problem for the supply side. But also there is a problem with the demand side. If Kenya increased it's supply to the level of Zambia, much less China, who would buy the energy? There needs to be demand. An economy driven by safari eco lodges and agriculture pack houses for export is not going to cut it.
Todd, I always like your posts. You might like to know that cryptocurrencies, generally, are NOT anonymous. But rather EXTREMELY traceable. There are some exceptions like Monero which is a privacy coin, but 95% of crypto is very traceable.
I'd encourage you to read Alex Gladstein, of the Human Rights Foundation. He recently traveled to Africa and reports a very different conclusion. Cheers.
https://bitcoinmagazine.com/check-your-financial-privilege/stranded-bitcoin-saving-wasted-energy-in-africa
Here's a shocking statistic: Zambia has 4x the per capita energy consumption of Kenya. How could this be? Only 30% of their populace is grid connected against Kenya's 70%. Answer: Zambia has a lot of demand from the mining sector.
Your posts often deal with the African energy problem for the supply side. But also there is a problem with the demand side. If Kenya increased it's supply to the level of Zambia, much less China, who would buy the energy? There needs to be demand. An economy driven by safari eco lodges and agriculture pack houses for export is not going to cut it.
Todd, I always like your posts. You might like to know that cryptocurrencies, generally, are NOT anonymous. But rather EXTREMELY traceable. There are some exceptions like Monero which is a privacy coin, but 95% of crypto is very traceable.