joethuku.elementpay.eth

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joethuku.elementpay.eth

joethuku.elementpay.eth

@devjoethuku

An African |capitalist| Tech entrepreneur building rails that connect Africa to the global economy @element_pay

Kenya شامل ہوئے Temmuz 2020
1.6K فالونگ1.9K فالوورز
joethuku.elementpay.eth
joethuku.elementpay.eth@devjoethuku·
@CarmelleCadet All this makes sense, but this ain't the solution. It might prevent dollarization but ain't gonna strengthen nor stablelize the sovereign currency. Which is the main reason ppl are opting virtual assets
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Carmelle Cadet
Carmelle Cadet@CarmelleCadet·
Thank you for asking this. I think most people might have the same in various shapes and forms and it’s a good question: 1) that merchant selling ice cream in Rwanda most likely spends RWF to make the ice cream and sell it… so it’s to be expected it wants to be paid in RWF to make more ice cream. This is not someone who’s trying to speculate or hedge… it’s commerce, I spend in RWF, I get revenue in RWF. No FX risk needs to be managed. And what happens where there no USD available in the market? No impact. 2) when buying USDT, you are literally replacing RWF in your holdings with a USD-denominated asset. Pure substitution of a sovereign currency (at a very micro level). And from there if you want to use that USD-denominated asset locally for payments, you are displacing the demand of RWF that I mentioned above in #1 with another country’s currency-denominated asset. If the latter also happens, what happens when there is USD shortage in the market and all merchants expect to be paid in USD? Black market rates and destabilization of the a country’s local currency. I know many will say “USD is king” or “Bitcoin!”, that’s fine, but please understand why central banks will always aim to protect its sovereign currency. And move accordingly. PS: Dollarization is not the answer to inflation and trade issues. It’s a terrible bandaid at best.
Kafka E/acc@YEshrug

@CarmelleCadet Lol what’s difference between buying Ice cream and buying USDT using RWF on P2P on any platform ? How does that invalidate the sovereignty of the RWF?

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joethuku.elementpay.eth
joethuku.elementpay.eth@devjoethuku·
Shallow men believe in luck... Strong men believe in cause and effect.
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elias hezron
elias hezron@0xeliashezron·
Banks shall use stablecoins infrastructure to power their rails thus reducing their costs. This however may not necessarily reflect as low fees for the end users. Unless we have alot of fintech products with super low fees challenging the banks. Nothing may really change.
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Kenyans.co.ke
Kenyans.co.ke@Kenyans·
Ethiopia urges citizens to use fuel sparingly due to fuel shortages caused by the U.S.-Israel-Iran War
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Africa Forex Trading Expo
Africa Forex Trading Expo@AFTE2026·
WE ARE COMING TO NIGERIA 🇳🇬 After the incredible success of the Africa Forex Trading Expo, we are excited to announce the Nigeria Edition coming in November 2026. As Africa’s digital finance revolution accelerates, the expo expands its footprint to bring together traders, fintech innovators, brokers, investors and payment leaders shaping the future of global markets on the continent. Sponsor. Exhibit. Attend. Africa’s trading ecosystem is growing and the next chapter begins in Nigeria. Stay tuned #AFTExpo2026
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Africa Forex Trading Expo
Africa Forex Trading Expo@AFTE2026·
To our valued partners, thank you for believing in the vision of the Africa Forex Trading Expo. Your trust, collaboration, and commitment made this gathering possible and helped create a platform where ideas, innovation, and opportunity could meet. We are truly grateful for your support in shaping the future of trading and fintech across Africa, and we cannot wait to continue this journey with you again soon. #AFTExpo2026
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Yellow Media
Yellow Media@YellowMedia_HQ·
"@Nodes_Garden was born to help crypto users run nodes easily and join early-stage projects." The project's founder @ilyalebe_dev joined @neilmeintjes at @XFounders_camp in Bali to discuss making crypto infrastructure simple, accessible, and ready for everyone.
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michael lawal
michael lawal@lawalkay·
You want to work with Africans but you think you have to import white saviour to lead them before you can trust them. Seriously you must be mentally sick and need medical help.
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Kwame Stalwart ◻️💰
Kwame Stalwart ◻️💰@WikicatStalwart·
We are hosting 8 finalists from the @ayahq_ x @Lisk Incubation Program, Cohort 3 at the #NoBSZone Accra this weekend. 8 startups, Infrastructure,Defi/trade finance,payments/fintech, creator economy, events. An intensive founders summit, with a Demo Day on next week Friday 💥.
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elias hezron
elias hezron@0xeliashezron·
I look forward to a time African PSPs would only need one license to operate across borders in the entire continent.
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joethuku.elementpay.eth
joethuku.elementpay.eth@devjoethuku·
@SaruniBM Rwanda seems to be onto something ♥️ so now if I'm a psp Regulated in Rwanda I'm also regulated in Ghana and Kenya .
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DCCVII
DCCVII@SaruniBM·
Kenya and Rwanda just signed an MOU to allow for fintech license passporting!
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Africa Forex Trading Expo
Africa Forex Trading Expo@AFTE2026·
A forward-looking discussion unfolded during the panel “Trading Rails of Africa: The Fintech & PSP Infrastructure Powering FX Payments” at the Africa Forex Trading Expo. Moderated by Robert Muoka, the session featured insights from Joseph Thuku, Isaac Wabuge, and Jeremiah Mwangi. Joseph highlighted how clearer regulations are increasing trust and accelerating stablecoin adoption across financial systems. Isaac spoke about the rise of programmable money, where transactions automatically move through the fastest and most cost-efficient rails, often powered by stablecoins. Jeremiah emphasized the importance of hands-on learning, encouraging traders to use demo accounts to understand real market behavior before committing capital. An insightful session on the infrastructure shaping the future of FX payments and digital finance in Africa. #AFTExpo2026 #AfricaTradingExpo2026
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Africa Forex Trading Expo
Africa Forex Trading Expo@AFTE2026·
We are LIVE. Day 1 of the Africa Forex Trading Expo is officially underway at the Sarit Expo Centre. Traders, brokers, fintech innovators, and financial leaders are gathering today for powerful conversations, learning sessions, networking, and real insights shaping the future of forex and digital trading in Africa. If you're in Nairobi, this is where the action is happening today. ENTRY IS ABSOLUTELY FREE. 👉 IBs and Affiliates, click here forms.gle/8QcubboeXAbQvG…  to register. 📷 Attending the expo, register via our website: 📷africaforextradingexpo.com #AFTE2026 #AFTexpo2026
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