Lorraine Marcel, the visionary behind Bitcoin Dada, is transforming the financial landscape for African women by introducing them to Bitcoin. Launched in Kenya, this unique virtual education program offers more than just cryptocurrency knowledge; it fosters a sense of sisterhood among its participants. In an industry often perceived as male-dominated, Marcel’s initiative is breaking barriers and creating a supportive community for women to discuss financial matters confidently.
From Events Planner to Bitcoin Educator
Originally an events planner, Marcel’s journey into the Bitcoin world began unexpectedly in mid-2022 when tasked with organizing a Bitcoin meet-up. This experience opened her eyes to Bitcoin’s potential beyond speculative investment, particularly its ability to offer financial stability amidst the Kenyan shilling’s depreciation. Despite feeling out of place in the male-dominated Bitcoin sphere, Marcel saw an opportunity to make a difference.
The Creation of Bitcoin Dada
Motivated by her own experiences, Marcel established Bitcoin Dada, meaning “sister” in Swahili. The program aims to educate African women about Bitcoin and financial management while providing a welcoming environment for them to connect and support one another. Through live, interactive classes held twice weekly, the program has already reached 168 women from across Africa, helping them navigate financial challenges and opportunities.
A Sisterhood with a Purpose
Bitcoin Dada is more than an educational initiative; it’s a community where African women can share their experiences and challenges, particularly those related to financial independence and relationships. Marcel emphasizes the importance of a healthy relationship with money, whether it’s Bitcoin or fiat currency, and encourages discussions on broader community and family dynamics.
Beyond Education: Career Opportunities
Marcel’s vision extends beyond education to empower women financially. Bitcoin Dada has successfully placed graduates in jobs within the Bitcoin ecosystem, signaling a shift in how women perceive their career possibilities. Partnerships with organizations like Btrust and the African Bitcoin Fellowship Program have opened doors for many, demonstrating the tangible benefits of the skills learned through the program.
International Recognition and Support
Bitcoin Dada’s impact has not gone unnoticed, receiving accolades from the Human Rights Foundation and coverage in Forbes Digital Assets. This international attention has bolstered Marcel’s determination to expand her mission, despite the challenges of running a non-profit. Funding from organizations and individual donors has been crucial, allowing the program to remain tuition-free and accessible to all interested women.
A Mission Driven by Community and Innovation
At its core, Bitcoin Dada is a testament to the power of community and innovation in addressing societal challenges. By leveraging her background in events planning, Marcel has also found ways to sustain the program through partnerships with companies looking to enter African markets. This entrepreneurial spirit ensures the program’s longevity and its ability to continue supporting African women on their financial journeys.
Lorraine Marcel’s work with Bitcoin Dada is not just about educating women on cryptocurrency; it’s about creating a space where African women can envision and work towards a financially independent future. As Bitcoin Dada continues to grow, it stands as a beacon of empowerment, community, and change.
