Senad Stable coin research
Host
Producer
Status
Platform used
zencast
Sponsors
none
Date & Time
Jun 6, 2022
Episode
NA
Guest & Project
Senad, Bankless Africa Stable coin research
show note
Season
Property
Background Research
Questions:
- What is something you wished people knew about your practice?
Intro
Welcome to _____, the podcast about _____. I'm your host, _______, and today we're joined by
- Senad DiljiFull-Time DAO contributor; steward of the research workgroup that did created bAfrica stablecoin Journal V1!
- https://twitter.com/DiljiSenadHi Senad Welcome to Tell Us about yourself and how you got into the crypto rabbit hole
- How did the stable coin research come about
- What team put this together
- What are some of the startling facts you discovered in your research
- Types of stable coins
- What stable coin would you think Africa should have cos everything seems to be based on the dolla. Will we be seeing one based on Gold,oil etc
- It is estimated that Africa is inhabited by 1.34 billion people, which is 17.2% of the world population. Africa has both the youngest and the fastest growing population in the world, with a fertility rate of 4.4 and a median age of 20 years.
The median age ranges between 15 (Niger) to 37 years (Mauritius). The percentage of the population living in urban areas ranges from 14% (Burundi) to 87% in Gabon and Western Sahara. As of 2022, the median income in African countries ranges from 395 USD (Congo) to 3,832 USD (Mauritius).
- Inflation:Projected inflation rates remain high in Africa with Sudan (41.8%), Zimbabwe (30.7%), South Sudan (24.0%), and Zambia (19.2%) topping the list. In Mali, Senegal, Gabon, Benin, Djibouti, Guinea-Bissau, Cabo Verde, Morocco, and the Comoros, inflation is expected to stay contained at or below 2%.
- IN your opinion what leads to the devaluation of these currencies
- Challenges and risks of stable coins
Regulation,high fees- Government involvementBanning in countries like Morocco, Nigeria ,Tunisia, Algeria, and Egypt have an outright ban on crypto companies or restrict the usage of cryptoassets.
- Functions of stable coins
- Why do you think governments ban crypto
Use of as an investment option.
- What in your opinion should be the ultimate stable coin for Africa.Can an african stable coin solve inflation.