Sep 25, 2022

Mawazo Writing Africa

Writing about the main

Enthusiasts gather to celebrate Bitcoin’s 12th anniversary

Every year on May 22nd, cryptocurrency enthusiasts gather in different cities around the world to mark World Bitcoin Pizza Day to celebrate the day the digital currency was first used in a real-world transaction.

< p>On this day 12 years ago, Laszlo Hanyecz, an American, made history when he paid for two pizzas with 10,000 bitcoins, an amount that would be worth over $300 million today, and the first ever digital currency used to pay for a real-world item.

This year, for the first time, Africans joined the celebration of this global event that brings together thousands of cryptocurrency users to share their love for the more unconventional digital assets to share .

The events took place simultaneously in 11 African cities including Nairobi, Kampala, Port Harcourt, Yenagoa, Ibadan, Lagos, Calabar, Kano, Abuja and Ile last Sunday -Ife in Nigeria and Cape Town in southern Africa.

They were organized by Bundle Africa, a digital currency asset management platform and other country-specific sponsors, and by independent bitcoin zealots and entrepreneurs.

Cryptocurrency Growth

In Nairobi, the event was convened by Yvonne Kagondu, a blockchain, business and community consultant and bitcoin entrepreneur, at iHub.

Attendees were treated to complimentary pizza and drinks after listening to expert traders, market analysts, technology commentators, developers and other experts. They interacted, asked questions and connected at the end of the sessions.

Ms. Kagondu says cryptocurrencies have become so popular in Kenya and Africa at large that it is no longer possible to ignore such events, as many yearn keen to learn more and venture into the business.

Eric Michubu, a bitcoin entrepreneur and Bundle Africa Regional Director for East Africa, said: “There is a greater awareness of cryptocurrencies in Africa and a larger blockchain community enthusiasts and people interested in learning more about the technology.”

“This event educates people about cryptocurrencies, separating fact from myth for informed and credible crypto trading ‘ said Rufa’s Kamau.