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Abubakar Nur Khalil
ihate1999@rcrsv.xyz
npub1sn0q...tr2x
🇳🇬 Bitcoin Core contributor | Recursive Capital | Btrust
Abubakar 1 year ago
Here is my talk, "A Bitcoinized Africa," from last week's @Hodl Hodl Baltic Honeybadger '24 conference #BH2024 This year, I decided to give a more concise presentation, based on a lot of feedback and requests, on why Africa will continue to play a significant role in Bitcoin's overall development and future success. Share this presentation with anyone curious about "what material benefits Bitcoin brings to humanity" or "what Africa's role is in the future of Bitcoin." "Africa will not only continue to show what Bitcoin can do but, more importantly, it is going to show what we can do with Bitcoin" 🔥 Full video 🎥 (15 mins)
Abubakar 2 years ago
Regarding the recent Proton Wallet, I respect their conscious effort to be transparent and open about the tradeoffs / threat model (especially in their recent blog posts; see below). I just tested out the wallet, great work. Though not perfect ATM, they seem to be on a good path so far in building a Bitcoin-only wallet to simplify sending and receiving Bitcoin for their 100 million Proton users. Presently, they appear to use the Bitcoin Dev Kit (BDK; see below) as a dependency, with coinjoin and the Lightning Dev Kit (LDK) on their radar. Hopefully, we will see silent payments integrated down the line, too. Nevertheless, as a Proton user, I look forward to seeing how the Proton Wallet evolves 🔥 - - - More Reading 📌 - Initial announcement:
Proton
Introducing Proton Wallet – a safer way to hold Bitcoin | Proton
Proton Wallet is an easy-to-use self-custodial wallet that makes financial freedom attainable for everyone.
 - The wallet's security model:
Proton
Proton Wallet user experience and security model | Proton
This article reviews the key features and security architecture that make Proton Wallet a private and secure wallet that is as easy to use as email.
 - Github repo:
GitHub
GitHub - ProtonWallet/andromeda: The andromeda libraries aims to provide logical blocks to build a privacy-focused, cross-platform, self-custody Bitcoin and Lightning wallet, integrated in Proton's ecosystem
The andromeda libraries aims to provide logical blocks to build a privacy-focused, cross-platform, self-custody Bitcoin and Lightning wallet, integ...
 - Potential future dependencies:
GitHub
Update readme.md · ProtonWallet/andromeda@211dc5a
The andromeda libraries aims to provide logical blocks to build a privacy-focused, cross-platform, self-custody Bitcoin and Lightning wallet, integ...
Abubakar 2 years ago
The African Bitcoin ecosystem will ONLY move forward when we have more builders and value creators than talkers and value extractors.
Abubakar 2 years ago
In my latest piece for Forbes Crypto, I highlight the whirlwind of events following the controversial finance bill, the protests and its success, the resilience of the youth and their view of Bitcoin's role in Kenya's future 🇰🇪 ❤️ Noelyne Sumba, a stellar Kenyan Bitcoiner and Machakura team member, put it best, "Many young Kenyans see Bitcoin as a way to escape the restrictive monetary policies imposed by international financial institutions, which have contributed to the country's economic challenges. Integrating Bitcoin into the financial system could reduce reliance on foreign debt and offer a way out from oppressive government policies that hinder economic and individual growth." Very proud of—and inspired by—the resilience shown by fellow Kenyan Bitcoiners and the youth on the ground in fighting against this bill and winning. Here's to amplifying the voices of those we've lost over the last week and those who continue to fight 🕊
Forbes
Kenyan Youth Embrace Bitcoin Amid Deadly Protests Over Finance Bill
Kenyan youth took to the streets to highlight Bitcoin as an economic hope amid the protests following Kenya's parliament's passage of the controver...
Abubakar 2 years ago
Presently, no KYC P2P Bitcoin services might seem like a novelty option, but for some, it is a lifeline, and soon enough, for all, it could be the last resistance against total capture. Plan ahead, stay safe 🦡
Abubakar 2 years ago
As Bitcoin's price continues to rise, events in Nigeria haven't been as smooth sailing. In my latest piece for Forbes Crypto, I cover the rabbit hole of developments from late February to date here. "While many things are in flux, it is safe to say that Bitcoin is not going anywhere. Bitcoin and stablecoin speculation may continue to impact the Naira's FX future, but it is an overstatement to single them out as the sole factor in the Naira's FX crisis."
Forbes
As Bitcoin Surges, Nigerians Are Facing Harsh FX-Related Interventions
In 2024, Nigerians were optimistic after the Bitcoin ban was reversed in December 2023. However, events since February have caused their cautious o...
Abubakar 2 years ago
Happy Craig Wright is not Satoshi Day! Thank you to all the legends who made this massive W possible 🫂🧡
Abubakar 2 years ago
On friday, the Central Bank of Nigeria released a circular reversing its bitcoin ban 🔥 Given the scant information available online on the circular and questions I've been getting from folks, I decided to distill the 11-page document into a piece, which I've just published. The piece walks through the details of the CBN's circular, important changes, and its effects going into 2024. Hopefully this provides more clarity on this important development.
Forbes
Nigerian Central Bank Issues Circular Reversing 2021 Bitcoin Ban
On Friday, Dec 22, the Central Bank of Nigeria issued a circular to all banks and financial institutions that lifted its ban on bitcoin.
Abubakar 3 years ago
In my first piece for Forbes as a contributor, I decided to explore the Naira crisis and its relationship to Bitcoin adoption in 🇳🇬 I hope this helps shed light on the nuances missing in the naira crisis conversation that needed to be addressed, especially the fungibility ‘trilema’. The situation is yet another factor contributing to more Nigerians moving to Bitcoin.
Forbes
The Nigerian Election And Naira Crisis Are Fueling Bitcoin Adoption
The recent economic cash crisis in Nigeria, caused by the naira redesign, political climate, and economic conditions, has increased bitcoin's value...
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