Conversation

He wants to switch from “Africa needs Web3” (moral imperative for dev etc) vs “Web3 needs Africa” Due to demographic logic of young people etc.
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“88% crypto tx in Africa is cross-border.” “Nigeria most crypto obsessed country based on Google search data.” “40 of 54 African countries don’t print their own money. France, Germany, England print and keep 6% as fees” 🤯
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Only 18% of trade is within Africa 10B in Swift fees 10% forex tx fees … yeah this is stacked heavily against the continent
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Meant to go to the session on next billion but overflowing so attending plantain chops and coffee session instead.
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Gonna go back to 5th floor main room in a bit simply because it’s too big to overflow. This is a true dev conference. A subset of obscure tech deep dives seem to have queues to get in. A talk in a new stablecoin called Gho seems to be the it-event right now.
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Dropped into a panel on ethereum sign-in. Kinda meandering. Feels like a podcast. Gonna bg it and browse twitter unless something makes me peek up.
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Replying to
Login signatures alone aren't coherent enough to imbue meaningful authority. This is another way where delegating capability is strictly more useful, and I expect to see things bend in that direction:
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Yeah, I'd be on that panel if I was there. There are a few complicated proposals that require synthesis: 4337 (gas abstraction for contract accounts), 3074 (delegation for EOAs), 5003 (migration off EOAs to contracts), and then finally "what contract accounts are best?".
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