Nick Twyman
Nick lives in Malawi where he is dedicated to building Bitcoin’s social Layer Zero. He is co-founder of Bitcoin Boma, an education based organization, and he is actively engaged in local and nation scale energy/bitcoin mining projects.
Session
Could a small country in Africa be the next bitcoin country? Like El Salvador, Malawi is a small, densely populated and mostly unheard of agricultural nation. It is also one of the world’s poorest nations and, with an election next year, is in desperate need of ‘New Ideas’. Bitcoin Boma was founded to educate on and advocate for bitcoin in a country where the currency can be devalued by 44% overnight, savings interest rates are capped at 4% and dollars are scarce and highly regulated.
I have lived there for the past ten years and founded a business to help companies succeed in this challenging environment. In this talk, I will share my experiences of this beautiful and peaceful country and my realisation that the donors who pump in billions of funding miss the underlying cause of the poverty trap - fiat money. Through Bitcoin Boma our aim is for bitcoin to fix this and for Malawi to be an example to the rest of Africa as El Salvador is to Latin America.