Episode #552: The Unbanked Advantage: How Nigeria's Financial Chaos Made It Crypto-Ready
Crazy Wisdom

Episode #552: The Unbanked Advantage: How Nigeria's Financial Chaos Made It Crypto-Ready

June 8, 202652 min

In this episode of the Crazy Wisdom Podcast, host Stewart Alsop sits down with software engineer and entrepreneur Arowolo Muritadhor for a wide-ranging conversation that moves from agriculture and manufacturing in Nigeria to the evolving role of crypto in the country's economy. They touch on how hyperinflation, particularly the naira's dramatic drop in 2023, pushed Nigerians toward stablecoins as a practical savings tool, and how informal kiosk networks have stepped in where traditional banking infrastructure falls short. The conversation also covers the tension between government regulation and the permissionless nature of blockchain technology, comparisons between the decline of the Roman Empire...

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