Trezor Academy Documentary: Why Africa Uses Bitcoin While West Panics Over Price

As US spot ETF capital flees, ordinary citizens across Sub-Saharan Africa are using Bitcoin and stablecoins for everyday survival.

By Andrew Collins | Edited by Julia Sakovich Published:
Trezor Academy’s new documentary reveals how the Global South is using the network as essential financial infrastructure. Photo: Pexels

The narrative surrounding digital assets has split along sharp geopolitical fault lines. In Western financial capitals, headlines are filled with anxiety, questioning whether Bitcoin’s utility has expired. The coverage is hyper-focused on a single metric: fiat price. After scaling an all-time high near $126,000 in October, Bitcoin has retraced 50% to trade around $63,000, weighed down by an aggressive retreat from traditional finance. Between mid-May and early June, US spot Bitcoin ETFs suffered a brutal 13-day redemption streak, bleeding roughly $4.4 billion in the longest consecutive wave of net outflows since their January 2024 inception.

Yet, while Wall Street reacts to macro volatility, a completely different reality is unfolding across the African continent. For the 472nd time in its history, Bitcoin has been declared dead by Western media, and just like the previous obituaries, the network has not missed a single block. In the Global South, the question isn’t “what is Bitcoin worth today?” but rather, “what can it do for me right now?”

Sub-Saharan Africa’s Parallel Financial Network

In Sub-Saharan Africa, digital assets have transitioned from speculative vehicles into working, everyday money. Data from Chainalysis reveals that the region received over $205 billion in on-chain value in the year leading to mid-2025, which is a massive 52% year-over-year surge. This makes it the third-fastest growing crypto economy globally.

More importantly, the transaction profile sets the region apart from the rest of the world. The vast majority of on-chain transfers consist of small, retail transactions under $10,000. This data point proves that the network is being utilized by ordinary individuals moving money for essential daily needs rather than institutional speculators.

The drivers behind this grassroots adoption are purely practical.

The World Bank notes that sending a standard $200 remittance to Sub-Saharan Africa through legacy banks or wire services carries an extortionate 9% average fee. On Bitcoin’s layer-2 Lightning Network, that exact same transfer costs mere pennies.

When the Nigerian naira suffered a devastating devaluation in March 2025, regional on-chain transaction volumes spiked instantly as citizens rushed to convert soft fiat earnings into hard digital assets.

Traditional banking structures mandate national IDs, formal credit histories, and permanent addresses. These are rigid requirements that systematically lock out refugees, displaced persons, and the unbanked. Bitcoin’s permissionless ledger treats all participants equally.

Documenting the Revolution: Seeding Bitcoin

To bring these structural shifts to light, Trezor Academy has officially released its new documentary, Seeding Bitcoin: Trezor Academy and Africa’s Bitcoin Revolution. The film explores how decentralized currency is actively earned, saved, and deployed within local circular economies, bypassing the legacy institutions that have historically failed the Global South.

Trezor Academy operates as a highly active non-profit educational initiative. To date, the organization has coordinated over 300 local meetups, graduated more than 2,000 students, and expanded its educational footprint across 30 countries.

“In the West, we argue about Bitcoin’s price. The people in this film aren’t watching the price. They’re using Bitcoin to get paid, to keep their savings from losing value overnight, and to take part in an economy that never asked them for ID they don’t have,” says Josef Tětek, Trezor Academy Lead. “That is what a financial system looks like when it finally lets people in. We made this documentary because that story almost never reaches a Western audience, and it should.”

To scale its educational infrastructure, Trezor has integrated a direct donation mechanism into its global online store. Customers can now seamlessly contribute a micro-donation at checkout, or donate directly to the academy via its website. The organization has committed 100% of these proceeds to funding peer-to-peer workshops, grassroots meetups, and local project sponsorships designed to foster monetary autonomy where it is needed most.

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